Apr 22, 2020 | Business Insights
The initial rounds of COVID-19 economic relief have largely been depleted. More rounds of relief are expected soon. Further out, there will be investigations and follow-on civil (and criminal) proceedings surrounding this largest-ever economic stimulus package in U.S....
Apr 16, 2020 | Business Insights
Many corporations and LLCs that have traditionally held in-person shareholder and board meetings are looking for alternatives during the social distancing required for COVID-19. Fortunately, corporate and LLC governance statutes in most states, including Delaware,...
Mar 30, 2020 | Business Insights
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) became law in the United States. Among other things, the CARES Act provides relief to certain businesses in the form of “paycheck protection loans” through what the Act calls...
Oct 29, 2019 | Business Insights
Limited liability companies are entities chartered by the states, that are governed by a contract – typically called an Operating Agreement – among the owners. As a result, the members or owners of the LLC have great flexibility in creating the entity exactly like...
Sep 18, 2019 | Business Insights
Letter of Intent, Term Sheet, Indication of Interest, and LOI – what do these all mean? These are actually different terms for fundamentally the same thing: a document that describes the terms of a future transaction. Each has a different style and has specific terms...
Aug 5, 2019 | Business Insights
Raighne Delaney concludes his series on Equity. In part three, he shares insights into what equity will not do.