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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.”...

December 24, 2019

At year end, we all think of resolutions.  From a legal standpoint, the most important resolutions are the corporate kind.

You must conduct your annual shareholders/members meeting timely, record minutes and do resolutions. You should do so even if you are the sole shar...

December 3, 2019

Valuation provisions are the heart of a shareholders’ agreement.  The parties must agree to the circumstances and pricing for any transfer of shares.

Yet, the valuation provisions are the most difficult clauses to draft. 

These provisions are often a wellspring of shareh...

November 13, 2019

       As part of the formation of a corporation, it is essential to prepare by-laws which set forth how the corporation will operate.

Where there are multiple shareholders, it is also a good idea to state how the shareholders will work together within th...

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...

January 13, 2019

We often are asked what alternatives business owners have when they can't get along with each other.  If the disagreements between shareholders are so serious that they can no longer work together, one strategy to break the logjam is a little used mechanism known as a...

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

June 11, 2020

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