Does the President’s decision have to be right? What happens if you take a risk and the Company fails? Are you liable to your Shareholders?
In your role as an officer or director, it is important you understand how the business judgment rule works and how it can benefit you if you face any legal trouble in the future.
The business judgment rule is a...
Finding a location can be one of the most stressful times for a business owner. Especially now that vacancy rates are so low. According to industry publications, industrial vacancies reduced further in the 3rd quarter of 2018 despite the number of newly completed locations following the construction boom of 2017. Additionally, office vacancies decreased in the 2nd<...
Best Efforts? Reasonable Efforts? Commercially Reasonable Efforts? What is an “efforts” clause and what does it mean to your business?
It is common for two parties in a business transaction to include a clause, or several, into their contract which sets the level of effort the other party has to use to reach the goal of the contract. These clause...
How can you protect your business’ data without violating employee rights?
Cyber security is a hot topic involved in all aspects of our lives, especially in our work and businesses. ...
A Series LLC is a unique limited liability company which provides individualized liability protection to a number of sub-companies (series) operated by one larger company. Assets owned by the individual series are shielded from the ...
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