June, 2010
Minimizing Blowback From Firing Employees
There is an old saying I once heard a senior attorney tell a client, “either you pay me $500.00 now or $5,000.00 later. Either way, it does not matter to me because your money is going to become my money.”
When You Are Buying A Business When Will The Buyer Be Liable . . .
As a general rule, when one corporation sells or otherwise transfers all of its assets to another corporation, the purchasing corporation is not liable for the debts and liabilities of the selling company unless the debts are specifically assumed by the purchaser.
The Tyranny of the Majority
Shareholder oppression cases are an ugly affair—often compared to a divorce in the corporate setting.