What is the importance of a deadlock provision in by laws or operating agreement?Where there are an even number of directors or managing members of an entity, there is the potential that an action requiring a majority...
How are director’s votes conducted and counted in a closely held corporation?In New York and generally, directors’ votes are counted on a per person basis. It bears noting that in Delaware, if the corporation wants...
How do you draft transfer provisions in a shareholders’ agreement or by-laws?As part of the formation of a corporation, it is essential to prepare by-laws which set forth how the corporation will operate. Where...
Celebrating a Successful Joint CLE/CPE Valuation PresentationThank you to all of our panelists and attendees for making this joint CLE/CPE presentation on valuation a great success. And thank you to...
Hidden Danger: Corporate Meeting Provisions in By-LawsRoutinely business owners and general practitioners will establish corporations using form documents or corporate agents. If the...
