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 are shareholder’s votes conducted and counted in a closely held corporation?Shareholders votes, within a class of shares, are counted based on the number of shares they have. Shareholders may vote in person or by...
Can you assert a CPLR 3213 motion for summary judgment in lieu of complaint as a counterclaim?CPLR 3213 permits the use of a motion for summary judgment in lieu of a complaint where an action is based upon an instrument for the...
How can you use a corporate advisory board to scale a company?Mature companies have formal boards of directors. A board of directors manages “the business of a corporation.” BCL § 701. The board...