In most states, including Florida, it is not required for a Limited Liability Company (“LLC”) to have an Operating Agreement, but it is always recommended to create one. The reasons are several, as we shall see below. In particular, if you are looking to create any company in Florida, it is highly recommended to seek legal services in… Read More »
It is usually confusing and daunting to select a lawyer, especially for your startup. That said, it is a crucial part of starting your own business. What you need is the right legal expertise on your side – one who can help you deal with the legal ducks as you get busy settling down to business. He/she will… Read More »
The voluntary strike off procedure is a straightforward and cost-effective mechanism which enables a company to have its name struck off the register of companies and then be deemed to be dissolved.
In order to apply for voluntary strike off, the company must complete Form DS01, Striking off application, and file it with the registrar of companies with the applicable fee. The application is made on the company’s behalf by its directors, or a majority of them, as specified in the Companies Act 2006.
In today’s trigger-happy age of litigation, it’s easy to see why people work hard to keep themselves free of liability. After all, liability is a big part of what ultimately requires so many people to pay big money in settlements and court awards when they’ve been sued. And it’s a big part of the reason people use Limited… Read More »
Incorporating is a major decision for any business – from start-ups to long-held companies. That’s why setting up a legal and tax structure that supports your efforts and gives you all the necessary legal protections you need is such an important step. But if you want to do the best job in incorporating your business, you’re going to… Read More »
In an ideal world, every business partnership we enter would be a ticket to earning money. Everyone would enjoy each other’s company, everyone would contribute work toward the common good, and we would spend weekends at the yacht club sipping mojito’s.
1. Character as Destiny: Sometimes That’s Not Good Ralph Waldo Emerson — who wrote the essays Self Reliance and Compensation, among others — might have loved my law firm Clients, who tend to be hard-working, self-reliant, persevering and intelligent, just to name a few of their good personality traits. In short, they have “Character.” Too often, however,… Read More »
The following is a relatively completely list of factors that may be considered by a court in piercing the corporate veil (i.e. finding alter ego liability) where an individual may be held liable for acts committed through their corporate or limited liability company entity. (1) Commingling of funds and other assets of the corporation with those of the… Read More »
Located in the horn of Africa, Ethiopia is the largest country in the Easter sub-region next to the Republic of Sudan of over 1.14 million square kilometers of land area about 13.2 million hector of 12% is cultivable, 40% is pastureland and this together with seasonal rainfall and abundant water resource has made agriculture the mainstay of the… Read More »