If a question comes up, where in you partnership or LLC documentation do you look first for answer?
One of the great advantages of these non-incorporated business entities is the huge amount of... more
This document outlines some of the considerations relevant to the decision about what type of entity to use.Although you will need to discuss these considerations in more detail before you select a... more
What is a Derivative Action?
Under California law, a corporate shareholder (or LLC member and, in many instances, a partner in a partnership) can bring a legal action for damages against management... more
In setting up a small business entity, you have several options: an S- or C-corporation, a "closely- held" S- or C-corporation, an LLC, a partnership, and a sole proprietorship.
Let's eliminate... more
More than 60% of the Fortune 500 and 50% of all publicly traded US companies are Delaware corporations. Why? Its simple really. Delaware has created a predictable and highly-developed corporate... more