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Questions tagged [corporate-law]

The body of law about corporations, including mergers, acquisitions, corporate governance, corporate liability, finance, and bankruptcy. The fact that a question involves a corporation does not make it a corporate law question.

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1 answer
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When can an NDA be legally broken?

This question is purely theoretical, I promise. Let's say a person signed a Non-Disclosure agreement under certain terms, and then, somehow, they witnessed an illegal act but were forbidden to report ...
Sam Weaver's user avatar
4 votes
2 answers
173 views

What are the benefits of a incorporating vs. operating an LLC?

I'm in California, but have been told to Incorporate or become an LLC in Nevada. Is there any reason to do this out of state, other than cheaper renewal fees?
Eric ERK's user avatar
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3 votes
1 answer
226 views

Why are religious figures given the status of "legal person" in India?

In India, religious figures have been given the status of legal person, and from the case law, I've read there doesn't seem to be a clear rationale for this. Corporations and organizations are also ...
user avatar
2 votes
1 answer
86 views

How to protect your idea/application to be stolen by investors?

Think person A has a great software business idea. He also knows software programming and converts his idea to a mobile application. Then he needs to raise some money to launch the application, do ...
user avatar
18 votes
4 answers
1k views

Are there any limits on the crimes a corporation can be convicted of?

In the United States, a corporation can be convicted of criminal offenses (example). Can corporations be charged with any criminal offense, or are there some that cannot apply to anything except a ...
cpast's user avatar
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16 votes
2 answers
5k views

Why would a clause apply until 21 years after the death of the last descendant of King Charles III?

Inspired by this question, why might any corporation draft a legal document containing provisions that are random, arbitrary, and completely beyond their control? In case the question is deleted, it ...
Michael Hall's user avatar
  • 4,594
8 votes
1 answer
1k views

Big corporation in the UK, Intellectual Property and a Contract

I've recently been offered a job at a large technology corporation based in the UK. I've yet to sign the contract but I found something in it which concerns me. Intellectual property, ideas and ...
James's user avatar
  • 205
8 votes
2 answers
2k views

Can a Corporation Exercise a Fifth-Amendment Right Against Self-Incrimination?

So I googled "can corporations plead the fifth?" and I got a bunch of non-cited sketchy sources. Is there a precedent around a corporation refusing to produce documents as a result of a subpoena to ...
ford prefect's user avatar
6 votes
1 answer
1k views

Could the Intel CEO be accused of insider trading?

A few weeks back, the Intel CEO sold all the company shares he was allowed to. Yesterday, it was reported that a big security flaw existed in virtually all Intel processors sold in the last decade. ...
Nico's user avatar
  • 163
6 votes
2 answers
15k views

What happens to IP owned by a defunct company?

Say you have a tech company that over the course of its run develops several projects worth of proprietary software and related IP. Then for whatever reason (insolvency/winding up, voluntary ...
aroth's user avatar
  • 257
6 votes
2 answers
573 views

Can a foreigner setup an unstaffed company in United States?

Let's say that a foreigner wants to sell products or services in US using a company there to save his/her clients of importing his products/services. Yet this hypothetical entrepreneur does not stay ...
Gabriel Diego's user avatar
4 votes
1 answer
291 views

Why would a 501(c)(3) nonprofit organization run its major operations in an LLC?

I was looking into the corporate structure of the Signal App, and it's very strange from the non-lawyer (IANAL) perspective. The parent organization is a 501(c)(3) nonprofit, but the app is developed ...
Betsy Dupuis's user avatar
3 votes
1 answer
303 views

Can a company be a wholly owned subsidiary of its wholly owned subsidiary?

Is it possible for A Inc. to own 100% of B Inc. and for B Inc. to own 100% of A. Inc. simultaneously?
Someone's user avatar
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3 votes
1 answer
431 views

Should a foreigner have a US-based company to sell through Amazon cloud-based warehouses?

Let's borrow and expand on Can a foreigner setup an unstaffed company in United States?. Everyone knows that you can rent computing resources from Amazon.com in the cloud, but not many know that they ...
cnst's user avatar
  • 5,058
2 votes
1 answer
95 views

Could investors plot to trade shares of a company in an attempt to raise its stock valuation?

Could a circle of investors (plotting together) trade among themselves shares of a start-up company to make the company look as a worthy investment? For example, the company has 10,000 shares and ...
Quora Feans's user avatar
2 votes
1 answer
324 views

What's the difference between a body corporate and a corporation sole?

One of those instances where unfortunately there's not much to expand in this question apart from what's in the title.
TylerDurden's user avatar
2 votes
1 answer
91 views

What duties do U.S. organizations have to monitor foreign affiliates for practices that are illegal in the U.S.?

There is a U.S. based corporation with foreign subsidiaries/affiliates in "third world" countries. Let's say that some of these foreign organizations are engaging "locally" in practices that are ...
Libra's user avatar
  • 6,498
2 votes
1 answer
79 views

Can a contract signed as an act of submission rather than consent be considered invalid?

Please consider the following situation: A (USA) company makes an offer to a (UK) individual. The company purchases an inbound ticket for the individual. The individual arrives. The individual ...
P i's user avatar
  • 123
1 vote
1 answer
294 views

What happens when a Canadian not-for-profit organization does not comply with its own by-laws?

When I search "by-law Canada" in Google, everything I get is about "municipal by-laws" such as as the first result which is the website of a law firm that explains what municipal ...
Nike Dattani's user avatar
1 vote
1 answer
315 views

What is the difference between the seat theory and the incorporation theory?

In corporate law, what is the difference between the seat theory and the incorporation theory? Where do I find the list of countries (jurisdictions) adhering to each?
stf's user avatar
  • 149
1 vote
1 answer
45 views

No valid contact info for 401k sponsor to allow transfer of funds [closed]

I was employed from 2018-2020 by Company A, during which I contributed funds to their 401k plan. I was laid off from A in 2020. At some point in time after this, Company A was acquired by Company B. I ...
Larold's user avatar
  • 13
1 vote
2 answers
78 views

As a startup founder, what reasonable bylaws are commonly setup to maintain control of the board? [closed]

As a startup founder, what reasonable bylaws are commonly setup to maintain control of the board? This is to prevent hostile take overs, transfer of assets and etc.
user1034912's user avatar
  • 1,501
1 vote
1 answer
143 views

Who has authority to sign on behalf of company

When it comes to corporations, who has the authority to bind a company and what evidence should they provide to prove this please? I assume company officers do have the power, but how can this be ...
Sean's user avatar
  • 9
0 votes
2 answers
443 views

What is the purpose of a Corporation Sole?

Why must an organisation represent the idea of an individual, rather than the organisation acting in its own capacity while the individual simply sits as its head? In other words, why do case workers ...
TylerDurden's user avatar
0 votes
2 answers
114 views

Can a US Company be sued for failing to honour equity component of offer of engagement?

In the following scenario, does the individual have a legal case against the company? And if so, what law specifically can be applied? Summary A company offers x% equity. The individual engages. The ...
P i's user avatar
  • 123
0 votes
1 answer
239 views

When can an employer sue?

I've seen some pretty intense contracts employees must sign before starting work for a company. Some have very vague statements like "agree to abide by our code of ethics". My question is when can a ...
FunFacts12's user avatar
0 votes
1 answer
206 views

Is it possible to create a non-profit business on F-2 visa status?

Consider a person comes to the US with an F-2 visa status and has a plan to get his/her green card in the next year, but at the moment he/she likes to start a commercial website or mobile app but for ...
user avatar
0 votes
2 answers
823 views

Are directors employees of the company?

Directors tell the company what to do but most directors also get paid for their services. Does that make directors employees of the company?
Dale M's user avatar
  • 211k