News & Analysis as of

Business Formation Corporate Governance

Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited... more +
Business formation is the process of establishing a legal entity to carry out a particular entreprise.  The law provides several entity options, each with its own advantages and disadvantages. Limited Liability Corporations (LLC), Limited Liability Partnerships (LLP), and S-Corporations are a few examples of available options. When forming a business, founders can choose whichever entity-type best aligns with their specific tax and liability needs and considerations. Other important aspects of forming a business include drafting a comprehensive business plan, choosing appropriate insurance, establishing personnel policies and protecting intellectual property.  less -

Legal Mechanics of Organizing Corporations

by WilmerHale on

The legal mechanics of organizing corporations encompass a variety of corporate, tax, securities and business considerations. By anticipating the special problems and situations which are likely to arise in the course of the...more

How to Assemble a Board of Directors for a Startup

by JD Supra Perspectives on

A successful startup will likely see the structure and composition of its board of directors change significantly over time....more

Be Sure to Observe Formalities to Protect Business Assets

by Burns & Levinson LLP on

When entering into a new venture, it is not uncommon for a new legal entity to be formed in order to insulate an existing company from the liabilities associated with the new business. While the law absolutely permits this, a...more

Doing Business in the UAE

by Latham & Watkins LLP on

Country Background - Formed on 2 December 1971, the UAE is a federal state of seven emirates comprising Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. The UAE federal constitution...more

Three Questions To Ask Before Incorporating In Delaware

by Allen Matkins on

In the business world it was once commonly said that “no one ever was fired for buying IBM”. Given Delaware’s preeminent market share, the same thinking may underlie a recommendation to incorporate there. Before making that...more

Blog: Checklist: Setting Up a New Private Limited Company in the UK

by Cooley LLP on

If you have decided to incorporate a company in the UK, or to purchase and tailor a “shelf company” – use this checklist to ensure you have all the information you need. ...more

Don’t Forget Your Corporate Formalities … It’ll Cost You

Many individuals believe that it is easy to protect themselves in starting a business by simply setting up a new corporation or LLC. But it is important that shareholders or members abide by corporate formalities. Even the...more

New Louisiana Business Corporation Act: A Dozen Key Changes to Consider

by Baker Donelson on

The old Louisiana Business Corporation Law (Old LBCL) was replaced by the new Louisiana Business Corporation Act (New LBCA) on January 1, 2015. The complete text of the New LBCA can be found in this post, and the following...more

Case Study: Setting Up A United States Business

by Jackson Walker on

In This Presentation: I. Introduction – UK Consulting Company History: 1. Established UK company with foreign subsidiaries. Core business is sale of consulting services to E&P companies and proprietary...more

It's Your Business News -- August 2013

In This Issue: Making the ‘Right’ Choice; Top Ten Mistakes Businesses Make Regarding Insurance; and You’ve Got the Job, Details Will Follow. Excerpt from Making the ‘Right’ Choice - You have the idea, you...more

Legislative Update: Business Law

by Jackson Walker on

I. GENERAL. A. Introduction. In selecting a form of business entity in Texas the organizer or initial owners can consider the following five business entity forms: • Corporation • General...more

Forming A Corporation? What Do “Corporate Formalities” Mean and How Difficult Are They To Implement?

by Scott Legal, P.C. on

When deciding on which business entity to select, a corporation is almost always one of the options considered. The primary reason is a Corporation solves the problem of potentially losing your personal assets by separating...more

California Sole Proprietorships C-Corporations, S-Corporations, and Limited Liability Companies (LLCs) - Things to Consider When...

by Tagre Law Office on

Things to Consider Before you Start Business Operations as a Sole Proprietorship, C Corporation, S Corporation, or LLC - How do you start business on the right track? Selecting the right type of business entity is an...more

Choice of Entity - Corporation or LLC?

by Gianfranco A. Pietrafesa on

There are many different types of business entities. Historically, the most popular type of entity was the corporation, but now the limited liability company (LLC) has become the entity of choice. The reasons for this shift...more

Corporation or LLC is not a “Get Out of Debt Free” Card

by Sands Anderson PC on

The Federal Trade Commission recently settled the largest-ever fitness and weight loss deceptive advertising complaint, against Ab Circle Pro, for up to $25 million. The FTC settled with not only the marketer, but the...more

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