In North Carolina a corporation is required to be governed by a Board of Directors, but the corporation is also permitted, in certain circum

3 Ways Shareholder Agreements Can Protect the Rights of Owners of Close Corporations

One of the first decisions you must make when starting a business is the type of entity you want your business to be - LLC or Corporation.

There are a few factors to consider if a worker is an employee or independent contractor.

Office leases are often one of the largest expenses for businesses, and care should be taken to make sure it is right for your business.

Nonetheless, if you own a business, you are bound to receive a few negative reviews. The question is, what can you do about them?

Under North Carolina law, directors are required to exercise good faith, do care, and loyalty, in the course of their actions.

The North Carolina Business Corporation Act gives shareholders what are called “inspection rights,” the right to inspect records of business

Every North Carolina Corporation is required to have meeting of its shareholders. This usually occurs once a year. Find out what's involved.

Though corporate bylaws are often complex, there are four fundamental parts that form the foundation of any set of bylaws.

This post explains what a close corporation is and how it differs from a public corporation or other types of corporations.

Who is owed a fiduciary duty? We previously wrote a post involving a lawsuit for breach of fiduciary duty, and gave the definition of...

Under North Carolina law do limited liability companies (LLCs) need to have operating agreements like corporations.

The North Carolina Business Court has dismissed a lawsuit brought by a 50% owner of a corporation reiterating key principles.

Corporations -- and especially closely held and family corporations -- must be careful to observe the rights of minority shareholders.