When is a director personally liable for corporate debt?
Corporate Governance
Valuations of Companies During COVID-19
As the latest Omicron surge passes, health experts are fairly in agreement that the beginning of the end of the pandemic is near, and soon the endemic portion of the pandemic will be here. Throughout the highs and lows of the various COVID-19 surges since March of...
The Status of the Dept of Labor’s (DOL) Joint Employer Rule and Biden’s Employment Law Agenda
Right after Joe Biden took office as the 46th President of the United States we wrote a blog post detailing expected changes in employment law with the new administration. This blog post is a follow-up to our first post; we’ll discuss the change in rules that have...
Supreme Court Limits The Reach of the Computer Fraud and Abuse Act
What Does That Mean For Employers Now? In June 2021, the U.S. Supreme Court issued a 6-3 decision authored by the Court’s newest member, Justice Amy Barrett, in a case involving the coverage of the federal Computer Fraud and Abuse Act (the “CFAA”). See Van Buren...
Executive Compensation Litigation Blog
Before we can talk about executive compensation litigation, we need to first explain what exactly executive compensation is. Executive compensation is significantly different from typical pay packages for salaried or hourly workers because executive pay is based on...
The Importance of Corporate Governance
Investopedia defines Corporate Governance as “the system of rules, practices, and processes by which a firm is directed and controlled”. Getting a little further into the weeds, the Harvard Business Review identifies two long-standing descriptions of...
Buy-Sell Agreements – Simplify Your Business Partnership
Every business owner needs to have a plan in place for how their interest in the business will be allocated or sold in the event of disability, death, retirement, divorce, dispute, or in the event that they simply no longer want to be a part of the business. Enter the...
Getting Divorced? Here’s How Your Divorce May Impact Your Business
Recently, Business Insider published their The Most Expensive (and Explosive) Celebrity Divorces of All Time, which gave readers a look into the “high-dollar” world and the damage that can happen when a marriage doesn’t work out. For most of us, divorce is very real....
Management Agreements: Here’s What You Need to Know
Management Agreements Imagine for a moment you’ve invested most of your life savings into a business; perhaps you invested in a hotel or a multi-family property. You’ve done your best to juggle the management of this investment, your daily life responsibilities, and...
Operating Agreement – Common Questions
Operating Agreement (also known as an LLC Agreement): 10 Commonly Asked Questions and Answers Whether an operating agreement or LLC agreement needs to be in writing? No. An operating agreement does not need to be in writing. However, it is strongly suggested that an...
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