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Category Archives: Uncategorized
NLRB Proposes Notice Requirement
On December 22, 2011, the National Labor Relations Board (NLRB) published a proposed rule in the Federal Register that, if adopted, would require employers, including many small businesses, to post a conspicuous notice in the place of employment informing employees … Continue reading
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Recent “Veil Piercing” Posts
piercingthecorporateveil Several recent posts on “piercing the corporate veil” from JD Supra.
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Where to Incorporate?
Delaware, Nevada and Wyoming are considered by many to be the best states in which to form a new corporation because they are “business friendly” and have low fees and taxes. Below is a comparison of these three jurisdictions. But … Continue reading
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Small Business Jobs Act of 2010 — The Dark Side
On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (the “Act”). While the White House claims that the Act will stimulate growth and hence jobs, and many business organizations have expressed public … Continue reading
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The ERISA Dragon May Tear Away Your Veil
Be very afraid. Danger lurks yonder. If your company has an ERISA plan—and most do—make sure your corporate veil is intact. The Employee Retirement Income Security Act (ERISA) is a federal law that sets minimum standards for pension and health … Continue reading
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Piercing the “LLC Veil”
The ‘limited liability company’, like the corporation, is a creature of state law. The first states to adopt the LLC as a form of business organization did so less than 20 years ago. Other states followed after the American Bar … Continue reading
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Personal Liability of Directors of U.K. Companies
It is interesting to compare the risk of personal liability for directors of U.K. companies against the risk for directors of U.S. companies. In the U.S., personal liability can exist for directors when they cause financial harm to the corporation, … Continue reading
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“Doing Business” in a State?
The question of whether a corporation is “doing business” in a particular state is very difficult to answer because it depends on all the facts of a specific situation, the laws and court decisions of the state in question, and … Continue reading
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Piercing the Corporate Veil in Minnesota
Here is a link to an informative post by Attorney Jack P. Roberts at his Minnesota Business & Real Estate Law Blog: Piercing the Corporate Veil in Minnesota
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