Business corporations control the largest proportion of the wealth and business of our country Originally called societies, corporate personality was recognized as far back as 1754 B.C. in the law of the Babylonian Empire, four thousand years ago, as well as by the Roman law. Modern corporations have 6 distinct characteristics. They are: (1) It…
Transferring an existing business to a corporate form Whether the corporation is formed before or after the beginning of business operations does not affect the six corporate characteristics as between the owners and managers, but it can have an effect on the relationship of these persons to third parties. This can occur in several ways:…
Attorney Gurdin can assist you with any of the following business matters: • Entity formation: C-corp, S-corp, general partnerships, LLC (limited liability company), LLP (limited liability partnerships) • Corporate bylaws, LLC operating agreements • Non-profit formations, partnerships, sole proprietorships • Subsidiary business formations • Joint ventures • Mergers and acquisitions • Business representation • Employment…
Got an Ideal but Don’t Want to Risk it All? In some cases a corporation will not replace the preexisting business but will merely enhance the existing business and assist it in pursuing its markets, or entering into new markets, while limiting the exposure of the existing business to the risks of these new markets….
Chapter 11 Small Business A small business case is a chapter 11 proceeding filed by a person engages in business activities other than owning or operating real property that has liquidated debts as of the filing date of not more than $2,490,925 as of February of 2015 and in which the United States Trustee has…
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