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January 9, 2020

Where there are an even number of directors or managing members of an entity, there is the potential that an action requiring a majority vote will be met with an even split – half of the directors or managing members will vote “yes,” and the other half will vote “no.”...

November 26, 2019

Mature companies have formal boards of directors. 

A board of directors manages “the business of a corporation.”  BCL § 701.  The board establishes binding resolutions for the corporation and appoints and controls corporate officers.

With a formal board of directors...

November 5, 2019

In representing growing businesses, it is important to help clients understand the structure and role of people in their corporation.  With that client understanding, an employment attorney or other professional can be assured that client actions are taken with and by...

October 31, 2019

Which of the following corporate actions do you think requires board of directors' authorization:

  • firing the CEO,

  • laying off workforce,

  • adopting a new handbook,

  • adjusting a corporate officer’s compensation?

Best corporate practices would say, all of...

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Pushing through COVID: How Four Leading Rockland Businesses Have Endured Through the Crisis

June 11, 2020

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