Social media accounts can represent significant value to a business. However, what if the accounts cannot be transferred as part of a sale of the business? Consider the following... Popular business acquisition structures.... The two most popular methods of selling a...
Very often, liability can be reduced or the financial and operational goals of business owners can be better achieved by changing a company’s legal structure, e.g., general partnership (GP) to limited liability partnership (LLP), for-profit corporation to non-profit corporation,...
Many are surprised to learn that the chief reasons are unrelated to taxation. In fact, they are... The Statute. The Delaware General Corporation Law is regarded as relatively flexible, which allows great ability to structure the relationship between a corporation's shareholders...
New Jersey’s partnership law has recognized limited liability partnerships (“LLPs”) for quite some time. However, as of December 2000, the partnership law was revised and the revision made LLPs an even more attractive alternative to the general partnership (“GP”)...
It is not uncommon for a party to a significant commercial transaction to agree not to hire any employees of the other party for a specific period of time. However, are such agreements enforceable? The case... In the case in question,...