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Business/Corporate Law

  1. How to Talk to a Lawyer-Keep these in Mind to be more Smooth, efficient, & Effective!

    by , 06-20-2012 at 12:41 AM
    How to Effectively Speak to a Lawyer

    I figured that we should write some guidelines for normal everyday folks that they can use if they call up a lawyer or their own personal lawyer. Too often lawyers get calls, and I sometimes get them myself from people that are clearly upset. They only become more worked up when they think I’m not sensitively handling and listening like a counselor to them tell me about all their problems. Yeah, I may think that I am a good listener, that I'm great
  2. Piercing the Corporate Veil

    by , 11-10-2011 at 09:28 PM
    When a business is incorporated, the shareholders, who act as owners, are given protection from lawsuits against the corporation. This give shareholders “limited liability” for the actions of the corporation, in that the shareholders are only responsible for the businesses debts as must as they have invested in the stock. This protection is known as the corporate veil. However, the corporate veil can be pierced in certain situation if the corporation is sued and certain issues arise.

  3. Partnership Basics

    by , 11-10-2011 at 09:26 PM
    A partnership is “the association of two or more persons to carry on as co-owners a business for profit forms a partnership, whether or not the persons intend to form a partnership.” In a partnership, all partners are jointly and severally liable for the obligations of the partnership. A partnership is the default business form. All other business forms require a filing to create (Joint ventures, LP, LLP, LLC, and Corporation).

    In a partnership, there is a high fiduciary duty. This ...