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 »
In business, there’s no escaping this simple fact: we operate in a world of laws. In many cases, we might not agree with these laws, as excessive and wasteful regulations hamper the progress of innovation. But many of these laws work to our advantage, and there are good reasons they’re kept in place. These are the kinds of… 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 »
If you are preparing to open a stock corporation, you must complete and file Articles of Incorporation or a Certificate of Incorporation, depending on your state. These are the documents that once approved by your state, result in your business’ incorporation. Articles of Incorporation contain basic information and facts about your business that are required for registering your… Read More »