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Limited Liability Company (LLC) Employment Contract

BCLP

Vendor Due Diligence and Criminal Liability of the Acquiring Company

BCLP on

The acquiring company, whatever its form, may be held criminally liable for acts committed by the acquired company prior to the merger. In a judgment of 22 May 2024, published in the Bulletin and in the Lettres de...more

Dunlap Bennett & Ludwig PLLC

6 Essential Legal Documents For A Startup

Launching or growing a new business is not only an exciting time, but it can also be overwhelmingly busy and challenging as multiple priorities demand your attention. Therefore, proper planning is vital....more

Skadden, Arps, Slate, Meagher & Flom LLP

Which Affiliates Are Bound by Restrictive Covenants Hinges on the Language the Parties Chose, Recent Rulings Stress

In 2021, the Delaware Court of Chancery issued two decisions addressing when a contractual party’s affiliates are bound to restrictive covenants in an agreement. In the first case, Sixth Street Partners Management Company,...more

Farrell Fritz, P.C.

Disguised Agreements and Dissolution

Farrell Fritz, P.C. on

Appearances can be deceiving. - That, essentially, was the argument made in two recently decided cases involving claims for judicial dissolution. ...more

Jaburg Wilk

Is There a Business Doctor in the House? Five Business Health Check Points

Jaburg Wilk on

People generally don't go into business because they are good at running businesses. Many people go into business because they are passionate about something and they want to share that passion with the world. Whether it's...more

Seyfarth Shaw LLP

Louisiana Expands its Non-Compete Statute in Favor of Companies

Seyfarth Shaw LLP on

In a strengthening of company contractual rights, the Louisiana Legislature recently expanded its state non-compete statute by permitting a corporation, partnership, or limited liability company to enter into agreements with...more

Allen Matkins

Court: Operating Agreement Did Not Grant Terminated Employees Lifetime Jobs

Allen Matkins on

An employment agreement is one thing and an operating agreement quite another. In ITV Gurney Holding Inc. v. Gurney, Cal. Ct. Appeal Case No. B281694, the board of a limited liability company fired two employees who were...more

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