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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Can the corporation that I work for (I am not salary or a subcontractor) use my personal information & home address for business and billing purposes?
I have a corporate credit card that is utilized for business purposes at the location I work, which is not where corporate headquarters is.
Today the business/ billing address was changed by the ...
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If the principal office is changed with the state of incorporation, do articles of incorporation have to have the new location of the company?
If the principal office is changed with the state of incorporation, do articles of incorporation have to have the new location of the company?
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Under what circumstances can a low/midlevel employee be personally sued for a corporate act?
Let's say, for instance, that the issue at hand was the Exxon Valdez Oil Spill. Exxon was sued of course, and I would imagine that its then chairman would have, or at least could have been, sued.
The ...
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Is there a law in India that states CSR funds cannot be used for teachers' fees?
Is there a law that states that money received as CSR Donations for a Charitable Non-Profit Educational Trust cannot be used for teacher salary?
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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 ...
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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 ...
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What marks the closing of an equity financing?
Years ago, as an angel investor, I invested in a startup company via a convertible note. The note converts on the closing of certain equity financing events.
So what determines the closing of an ...
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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.
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Can the owner of a limited liability company be penalized?
I'm wondering about the legal practice in different countries.
If a person forms a limited liability company (LLC), and then completely abandons it, e.g. doesn't file taxes for the company etc., what ...
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Can loss sharing ratio of all the partners in the LLP be kept 0%? [closed]
L.L.P. stands for Limited Liability Partnership.
Profit and Loss sharing ratio & relevant details.
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How often can you appeal a rejection of the appeal(s) made? [closed]
How often can you appeal a rejection of the appeal(s) made regarding a penalty fare notice?
The appeal is appealing to the good nature and sense of humanity and justice, as the initial appeal was ...
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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 ...
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business entity cross country relocation
Is it possible to relocate a company from a country A to a country B? Lets say that in both these two countries are there is an approximate equivalent of the company type, say private company limited ...
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changing type of a business entity
Is it possible to change a type of a business entity to a different one? For example private limited company into private company limited by shares.
EDIT: Please provide an answer without me ...
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How do you pay for LLC startup costs before it is formed without co-mingling funds?
If I need to pay for LLC startup costs (like a virtual address, email, and state fees) before I can create my LLC (or business bank account), what account should I use?
I'm concerned that using a ...
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How can someone who gets controlling interest of a C corporation become both CEO and board chair?
If a person who is already a qualified high level executive (but not C-level) at a corporation inherits controlling interest, how can that person become CEO and board chair?
Would it have to be a ...
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Can a company director simply appoint another company director?
I found the following article in my company constitution:
The directors of the company may appoint a person as a director of the
company. The company must confirm such an appointment by ...
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Conflict of interest when removing a director
I work for a UK limited company with two shareholders, and two directors. I am one of the directors and the majority shareholder (over %50 of total shares). The company's articles of association are ...
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Did the judge try to order me to pierce the corporate veil?
In a legal proceeding a couple of months ago, I was unfortunately at the disadvantage of not being represented by my attorney. (There is a reason which is unrelated to this question.)
I'm not a ...
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Is doing business where you live all it takes to pierce the corporate veil?
If an LLC operates from someone's home, I read (can't find source at the moment) that they want a place in their home where they exclusively work on the business (like a home office) to keep business ...
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Can Bob, as the client, share any information about his project in any way he wants?
Bob hires vendor A and vendor B independently to work on a project for Bob. The two vendors are not partners, they work independently and do not communicate with each other although they are aware of ...
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Do shareholders of a private company have a right to financial data?
An employee of a private company is given company stock options. The employee exercises those options, and receives a signed certificate for the shares. Correct me if I'm wrong, but I think this makes ...
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As an investor of a business, how do you prevent the founder from holding back growth?
If you are an investor who owns 30% of a business and the founder owns 70%, how do you prevent a situation where the founder decides to always take profits and not reinvest them to grow the business? ...
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Foreign director of an Indian company passes away
An Indian company has two foreign directors and both are non resident. What happens when one of the directors passes away.
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Have state governments in United States of America prosecuted limited liability companies for not buying worker's compensation insurance?
Have state governments prosecuted companies for not buying worker's compensation insurance?
Though employees would prosecute in the event of an accident, what else enforces companies to buy it?
Does ...
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How many people must be on the board of directors of a U.S. nonprofit organization?
Non-legally-savvy individual in Pennsylvania (PA) in the U.S. here. I've been learning a little about nonprofit corporations recently, and have had trouble finding a definitive answer to the question:
...
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Can you form a temporary nonprofit?
Can you start a 501c3 organization to complete a project, collect donations, do the project, donate all leftover money to another 501c3 with similar goals, then dissolve the organization? It would ...
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Is there any significance to "Inc." vs "Corp."?
Oregon requires corporation names to include "Incorporated," "Corporation," "Limited," or an abbreviation of one of those. Is there any reason why a business owner might ...
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Best practice to prepare Executor to take over Subchapter-S Business
I'm working on an instructions doc for my executor (upon my death). I am sole stockholder/owner of a Subchapter-S Corporation. It's currently a personal service company, not an on-going business.
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Is it a myth that a single owner LLC protect the owner's personal assets?
I own 100% ownership of an LLC. I started this LLC because everyone gave me advice that if the company is sued, the banks won't go after my car, my house or etc.
As I dig deeper into the legal ...
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Single shareholder, single director corporation - How to divide assets in a will?
To the point: I'm the sole shareholder and director of a holdings corporation in British Columbia, Canada. It was funded with $3mm in cash. That cash is held by a national bank, and is then used to ...
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Can a company adopt a child?
With apologies for the (only somewhat) click-bait title, in an answer to another question (see this answer) the statement
Typically the only thing a legal entity that is not a natural person cannot ...
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Do state laws have an equivalent for disregarded entities similar to the IRS?
The IRS has the concept of a "disregarded entity", meaning a company that is functionally equivalent to its owner. This is often the case when the company has only one member and has no ...
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Public exposure/indecency: how do porno companies get away with it?
I hate to ask, but with all the disgusting porn out there how is it legal that some is filmed in public? For example, in Eastern countries such as Hungary do they not have indecent exposure/public ...
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Corporate China - evicting onshore management via reproduced chops
Another weird and wonderful story out of corporate China has captured my attention. Relevant excerpt:
It’s a situation that’s difficult to picture in much of the capitalist
world, with its emphasis ...
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Could a state refuse to recognize corporations from another state?
If one state wanted to refuse to recognize the existence of corporations and LLCs from another state, could they legally/constitutionally? Suppose Maine did not want to recognize New Mexico ...
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Sole Proprietorship and Dormant Limited Company in UK
I am currently operating as a Sole proprietor, while at the same time 'reserving' the name for a possible future Limited company. For the latter I have declared that name as being 'Dormant', in other ...
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which state's laws would an "insurer" be subject to if were a USA subsidiary of a foreigncompany and it owns offices across the entire UStatesAmerica?
Which state's laws would an "insurer" be subject to if were a USA subsidiary of a foreigncompany with headquarters in state X, and global offices, offices scattered across the United States ...
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Do corporations have any constitutional rights?
An existing answer establishes fairly well that corporations in the United States do not have Fifth Amendment rights against self-incrimination.
That leads me to wonder, do corporations in the US have ...
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Is it legal to create a corporation for no reason?
Suppose a group of friends randomly decide to start a corporation and do nothing but have meetings and file paperwork, because they enjoy meetings and paperwork. While this isn't something most people ...
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Starting a Tech Company: Should I rename and reuse my existing C-Corp, or form a new one? [closed]
I have a delaware-based C-Corp formed some years ago, still in good standing, that I used to create a tech startup (never raised any funding, or generated any revenue) which I have put on hold for now....
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My bank sold a local branch to another bank, including my accounts, without my permission. Is that legal?
My bank sold a local branch to another bank (in the state of Wisconsin, United States of America), including my accounts, without my permission. My first knowledge of it was that my debit card was ...
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Is it legal for a shareholder who receives no wages from company A to receive a reimbursement for business travel costs from company A?
Is it legal for a shareholder who receives no wages from company A to receive a reimbursement for business travel costs from company A in United States? Shareholder pocketed zero dollars of the ...
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Is someone who is a "Chief Medical Officer" in an American company also a "Corporate Officer?"
Is someone who the owner approved as the "Chief Medical Officer" in an American company, LLC, Corporation, S-Corp also a "Corporate Officer?"
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How are REGOS being used by energy companies without purchasing the renewable energy they relate to in the UK?
The ‘Renewable Energy Guarantee of Origin’ (REGO) scheme is designed to “provide transparency to consumers about the proportion of electricity that suppliers source from renewable generation" (...
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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?
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Do corporations have the right to keep arms?
A well regulated militia being necessary to the security of a free state, the right of the people to keep and bear arms shall not be infringed.
Does "the people" include corporations? ...
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Could everyone with DAO tokens in the EU be punished under recent Transfer of Funds Regulations on KYC?
On March 31st the ECON and LIBE committees of the EU Parliament has voted to require cryptocurrency service providers to collect personally identifiable information from individuals who transact more ...
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Woman harrassment at Corporate workplace [closed]
Can a criminal case be filed for the following information provided below against the Top management of the corporate and against immediate supervisor whom she was reporting to with FIR at the police ...
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Is it legal for someone on an H1B to found a startup?
I have a friend sponsored on an H1B visa that I'd like to start to a software company with. We would not be securing outside capital. I'm wondering if the terms of an H1B visa which I believe prevent ...
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