Corporate Law is the law of what has undoubtedly become the most prolific of the business enterprises, the corporation. The practice of Corporate Law focuses on the rights and duties of directors, officers, employees, creditors, shareholders and other stakeholders such as consumers and the community. The corporation is, legally speaking, a “person” with its own separate legal entity. Though the word “corporation” may evoke images of high rollers, the corporation is a business entity that can be tailored to meet the needs of even the smallest operations.
There are several advantages to operating as a corporation, such as:
- Limited liability of the shareholders (so that when a company is insolvent, they only owe the money that they subscribed for in their shares)
- Limited liability of the directors, officers, and employees (so that when a corporation is insolvent, creditors of the corporation cannot come after the directors, officers, or employees)
- Delegated management (in other words, control of the corporation is placed in the hands of the board of directors)
- Transferability of ownership (shares are easily transferable, subject to certain securities regulations)
- Perpetual existence (the corporation is its own separate legal entity, which provides continuity)
Our attorneys assist Clients in choosing the best the strategy for their corporation, partnership, limited liability company, or otherwise. These services include accessing licensing, mergers, acquisitions and sale of businesses, joint ventures, issuance of transactions, and a plethora of other business transactions.
Litigation and support services are also available to corporate counsel managers and business owners who are constantly crossing paths with a wide array of legal compliance issues. Our attorneys advise employers in transactional hiring, termination, severance agreements, employment contracts, employment manuals, and benefits counseling.