Year End Resolutions - the Corporate KindAt year end, we all think of resolutions. From a legal standpoint, the most important resolutions are the corporate kind. You must...
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...
Should you use fixed pricing in valuation provisions in a shareholder’s agreement?Valuation provisions are the heart of a shareholders’ agreement. The parties must agree to the circumstances and pricing for any...
What are key steps to take to minimize the piercing of the corporate veil?A corporate veil insulates the personal assets of shareholders of a corporation (or members of a limited liability company) from the...
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...