What is an Operating Agreement? An Operating Agreement is a legal document that outlines the operating procedures of a limited liability company (or LLC). This document is a legal requirement...
Attorney Ian Alden hosts this important workshop that teaches owners about the essential framework every business needs. Learn how to foster good working relationships with your co-owners in good times...
Well, to start with, it is one of the most important documents associated with your business yet in so many instances it is the least considered. In fact, a frightening...
A common question from many of our clients, or potential clients, is, “How do I remove someone from my company?” Such a common question does not necessarily have an easy...
Whether you are an engineer, scientist, artist, developer, financial whiz or just someone with a useful asset, odds are you’ve been asked to join, help or participate in a startup...
In the mad dash to get in line for the cash coming to business owners via the CARES Act, take a few minutes to reflect on your formation documents. Specifically,...
What happens when one of your business partners gets divorced? Unless your Operating Agreement states otherwise, chances are you are now in business with your Partner and their ex -spouse....
As you may have gathered from some of our previous articles (for example, read “Does your LLC have a proper Operating Agreement?” and “Important clauses for LLC Operating Agreements“), the...
I bet you could guess that most of our revenue as a law firm, comes from expensive litigation. But, did you know that most of that expensive litigation is due...
A Free Operating Agreement Template doesn’t make anyone money, so you have to wonder why companies make them available? As a law firm, it probably wouldn’t surprise you to hear...
The Operating Agreement acts like a “partnership agreement” between the owners of a LLC. Important clauses for LLC Operating Agreements are critical, and a well-written and customized Operating Agreement for...
The Corporate Veil: Don’t pierce it! “Piercing the Corporate Veil” refers to the situation when a court puts aside the protections that are normally associated with an incorporation. The very...