Topic
Corporate Formalities
9 published works
New York Business Divorce
Over the Limit: Can Equity Trump the Certificate of Incorporation’s Share Cap?
A recent Second Department decision confronts the rigid requirements of the BCL and considers whether equity can rescue shareholders who attempt to issue shares beyond those authorized by the certificate…
Wisconsin Appellate Law
Seventh Circuit Respects Corporate Formalities in Assessing Title VII Coverage
Under most of the federal civil rights laws, employers are covered only if they employ 15 or more employees. See, e.g., 42 U.S.C. § 2000e(b) (Title VII). Businesses that employ…
Business Law Post
Corporate Formalities for Delaware Startups
By arinashulgabusinesslawpost-com
You have just formed your very first Delaware corporation. Congratulations! Although as a busy founder you may not have time to take care of ongoing corporate maintenance, there are some…
The Securities Edge
Minutes count (as do other formalities)
In case you think that corporate minutes and other corporate formalities are for sissies, think again. And read the opinion in the case of KT4 Partners vs. Palantir, decided by…
Virgin Islands Law Blog
The Dos and Don’ts of Managing Corporate Formalities
By Tom Bolt
When you go into business, you probably don’t do so for the fun and excitement of dealing with corporate formalities. However, these formalities are perhaps the key elements in protecting…
Business Risk Management Blog
Ignore Corporate Formalities At Your Own Personal Risk
A recent decision from the Illinois Appellate Court for the First District should be a reminder to business owners, executives and advisors of the importance of following corporate formalities and…
Virgin Islands Law Blog
Covering Your Assets
The regular observance of corporate formalities is an important aspect of maintaining the protections and advantages of being incorporated, not the least of which is the protection of shareholders against…
Pennsylvania Law Monitor
Maintaining Corporate Formalities Critical for Liability Protection
A corporation is a legal entity that is separate from its shareholders, officers, directors and employees. Every corporation is required to maintain certain corporate formalities that will preserve the corporation's…
Rush on Business
Builders Must Be Careful to Keep Corporate Entities Up-to-Date
By Rush Nigut
I have often stressed the need for business people to follow corporate formalities and keep their corporations or limited liability companies up-to-date. However, the recent decision impacting builders from the Iowa Supreme…