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...
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...
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...
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...