Anatomy of an LLC operating agreement
Mar 17, 2010
The following is a summary breakdown of some of the most critical operating agreement provisions. These provide a window into its key functions. (1) ownership interests, (2) purpose, (3) allocation and...
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Forming a Company in Delaware (or Not)
Jan 11, 2010
What Kind of Business Operation is Yours? If yours is a company that will likely have real corporate governance issues in the long run (read: shareholder suits, board of director power struggles, a n...
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Important Clauses to Have in Any Loan Agreement
Nov 30, 2009
Interest Many people do not realize that a no interest loan rarely can be granted. The reason is that the IRS looks as a loan with no interest as a "gift" and that may trigger gift tax upon the lende...
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How to Care and Love for Your Trademark Once It's Born
Nov 17, 2009
To Be Used Is To Be Loved The most important way to take care of your trademark is to actually use it. In simple terms, it means that you can't put your trademark in moth balls once it's registered. ...
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