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.

32 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
4 votes
1 answer
84 views

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 ...
Maria Fannin's user avatar
4 votes
0 answers
120 views

How can immigrants in the US get paid as owners of companies when they can't be paid as workers?

I have been interested in starting a company as an immigrant but don't understand what the law is for paying myself from the company or in what capacity I could legally work in the company. I have ...
kiliantics's user avatar
3 votes
0 answers
92 views

Automating online job application systems (applicant tracking software) is legal?

Application tracking software or job application software is annoying most of the time. They ask you to fill out loads of information along with your resume, even if your resume has most of it. People ...
Sreekr's user avatar
  • 31
2 votes
1 answer
34 views

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?
BornPerson's user avatar
2 votes
0 answers
29 views

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 ...
Cicero's user avatar
  • 6,674
2 votes
0 answers
20 views

Who can investors sell to under Rule 144?

Under the United States SEC's Rule 144, investors can resell securities after one year (or six months if the company is a reporting company) as long as the issuer allows it. But to who can they ...
Gregory Magarshak's user avatar
2 votes
0 answers
30 views

Drug-testing on background

What sort of circumstances would allow a company or lab to put a positive pre-employment drug test on your background or send it to a consumer report agency? I'm curious about the consequences of ...
Ethan Westgaurd's user avatar
2 votes
0 answers
77 views

Difference between Europol members and Europol cooperating countries

According to Europol, they are actually 28 members in this organization but also numbers of others external co-operating countries like Switzerland, Norway and even USA So, what the point of being ...
guest's user avatar
  • 83
1 vote
0 answers
70 views

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 ...
Skies's user avatar
  • 195
1 vote
0 answers
55 views

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 ...
Douglas's user avatar
  • 111
1 vote
0 answers
34 views

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 ...
Evan Carroll's user avatar
  • 1,888
1 vote
0 answers
17 views

What is penalty for not closing Delaware C-Corp?

I'm a non-US citizen and started Delaware C-Corp in Sep 2021, now I have to pay $400 franchise tax, accountant cost, and closing cost. I don't close this C-corp officially and In the future, If I have ...
k'''s user avatar
  • 119
1 vote
0 answers
28 views

Are there any European Commission decisions on the duration of the non-compete clause?

Do you know any examples of European Commission decisions on the duration of the non-compete clause/obligations in corporate law? I mean contracts when this non-compete clause was too long according ...
Revolucion for Monica's user avatar
1 vote
0 answers
348 views

What approaches can comply with SOX code review requirements?

I am working with a client, which has a bunch of services under SOX compliance. They currently have a code-review policy that looks like so: A reviewer must accept the last commit on a pull ...
Stepan Parunashvili's user avatar
1 vote
0 answers
82 views

Can a company be both an airplane manufacturer and an airline?

It may be advantageous for a company that manufactures its own aircraft to also be an airline. For example, the airline business would likely have reduced maintenance and parts costs relative to other ...
Gus's user avatar
  • 111
1 vote
0 answers
47 views

Should "LLC" be included on the sign on my business front door (California)?

Does California require that I append ", LLC" to my business name for the letters silkscreened on the front door of my business, or the building directory facing the street? Things I've read online ...
Rick's user avatar
  • 121
1 vote
0 answers
260 views

Virginia non-stock corporate board elections

Can a non-stock corporation with one class of voting members establish two classes of Board Directors, and then tell members to vote for a certain number of nominees from each class? Is that practice ...
Phil Easley's user avatar
1 vote
0 answers
16 views

Can CA public benefit corps be for-profit?

I'm interested in forming a public benefit corporation in California in 2018. As I understand it, these can be for-profit. But when I look at the California government website for information about ...
Rick's user avatar
  • 121
1 vote
0 answers
98 views

Social security and bank account numbers in plain text in web app

I am in an "argument" with my company about them showing each and every employees social security and full banking routing / account number in plain text on a leading hosted HR Management software ...
Lucky Lindy's user avatar
1 vote
0 answers
33 views

Is the acquisition price of a company public information?

When a company is acquird by another is it possible to hide or not disclose the acquisition price? If it can be hidden, is the company permitted to omit such information on any public financial ...
leigero's user avatar
  • 121
1 vote
0 answers
46 views

Selling equity out of a subsidiary not yet formed

Sorry if wrong stackexchange, not quite sure where to post this. Background We're setting up a self-organizing, horizontal and open company where ownership is (de facto) defined by dynamic shares (...
Seppo420's user avatar
  • 325
1 vote
0 answers
40 views

Two shareholder agreements in parallel

I am looking to receive an investment from an accelerator (investor A) and from a private investor (investor B). I have draft shareholder agreements with both investors A and B. My lawyer is telling ...
Randomblue's user avatar
0 votes
0 answers
14 views

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?
user49776's user avatar
0 votes
0 answers
48 views

can a Private limited company in India be converted into NGO/section8 company?

In recent times Cloudflare converted into a non-profitable organization even though it has lots of paid and unpaid services, but it was located outside India but provides service in India. Cloudflare ...
CADENTIC's user avatar
0 votes
1 answer
61 views

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 ...
ma11hew28's user avatar
  • 129
0 votes
1 answer
101 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
0 answers
33 views

Is it legal to create a non-profit organization-style for-profit organization in the US?

Non-profit organizations can establish some rules by its members within the organization, for example, how members elect administrative officials such as the president, and the procedure to change ...
xuhdev's user avatar
  • 1,115
0 votes
0 answers
89 views

Dissolve a corporation as a minor stakeholder in New York

I am a minor shareholder (control less than 20% of the shares) at a startup that never did any business. It is a C-Corp incorporated in New York under my name. Right now I want to dissolve the ...
Dylan Czenski's user avatar
0 votes
0 answers
41 views

Is there a legal definition of an "annual report"?

When a statute talks about an annual report of an organization, is there a way to know what that means? Is there a dictionary definition of an annual report that you can point toward? Or if the ...
Mr. A's user avatar
  • 1,658
0 votes
0 answers
119 views

How broad can employment contracts be and still be enforcable?

I've seen some very broad terms used in contracts that an employee is required to sign before they start working for a company (or government). For example I've seen a contract saying that the ...
FunFacts12's user avatar
0 votes
1 answer
43 views

Corporate law — criminal conduct and loss of life

In light of the recent multi-state lawsuit brought forth against twelve generic drug manufacturers, I was wondering what, if any, criminal liability the respective executives of those companies may ...
user27343's user avatar
  • 538
-1 votes
1 answer
57 views

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 ...
Mr. Davidson's user avatar