It is important first to understand the meaning, purpose, and potential functions of a corporate board of directors.

What is a shareholder (or member) derivative lawsuit and how can it protect the minority owners in a business?

This post describes one of the most important provisions in any LLC operating agreement: a buy-sell agreement.

What is a Board of Directors in a North Carolina Corporation?

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.