A corporation is a legal entity with personality granted by law, and it acts through its Board of Directors and its officers. The Board of Directors approves and sets the company’s direction, while ...

As law firms operate with corporate or quasi-corporate structures such as professional corporations or limited liability companies, the importance of carefully drafted shareholder agreements cannot be ...

"We agree with the defendants that the arbitrator selection language is not ambiguous and allows the three parties at issue in this case to each select his or her own arbitrator and the three chosen ...

Many co-owners of closely held businesses will employ life insurance as a tool for funding the transfer of ownership in the business upon the death or retirement of an owner. In these cases, planning ...

The owners of closely held corporations and limited liability companies (LLCs) are often the company founders and executive leadership who share a strategic vision for the company’s mission and growth ...

If given their druthers, most transactional corporate attorneys would prefer to spend their day practicing “happy law,” by which they typically mean transactions that involve capital formation, ...

The scenario: You’re a 60 per cent shareholder. Your business partner holds the other 40 per cent. And you’ve just found a third party who wants to buy you out. Does your company have a shareholder ...