When a for-profit corporation transacts with its non-profit affiliates, maintaining compliance can quickly become far more complicated. This can be especially true when company directors or officers have overlapping duties between for-profit and non-profit entities. However, for many it is
In a significant step toward a future of heightened corporate transparency, the bipartisan Corporate Transparency Act (CTA) is prepared to roll out as of January 1, 2024. This new legislation, issued by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN)
The growing popularity of art generated by Artificial Intelligence (AI) is no longer just a question of whether it is morally right to replace human artists. Now the discussion has expanded to consider the possible legal ramifications of art that
Redbud Overview
Redbud is a consumer venture ecosystem that creates, accelerates, scales, and funds innovative, better-for-you consumer brands through its venture capital studio (Redbud Brands) and venture fund (Redbud Ventures). Founded in 2020 by two seasoned consumer executives, Brian Goldberg
As a litigator, I regularly encounter clients who have invested in a limited partnership and are outraged at the actions of the general partner and its principals. Most of the time, they believe the general partner has mismanaged the partnership.
It is essential for companies to maintain compliance with the latest government regulations regarding corporate governance to protect their investments and reputation. The Securities and Exchange Commission—or the SEC—has adopted a series of amendments to Section 14(i) on August 25,
The fair market value (FMV) is the current value of one share of a corporation’s common stock on the open market. Common stock simply refers to the security that represents ownership in a corporation which grants owners a claim to
What Types of Companies Must Register with Texas?
Any company that was not formed in Texas is considered a foreign entity that must file an application for registration with the Texas Secretary of State (SOS) in order to do business
Earlier this month, the IRS released much-awaited guidance on what areas will qualify as an “energy community” for purposes of the energy production and investment tax credits in Notice 2023-29.
Under Code sections 45, 45Y, 48, and 45E, qualifying energy
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