When companies raise capital there are a number of rights that the investors (typically through the lead investor) will seek, such as a preference on......
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On Tuesday, May 26, 2020, Mayor DeBlasio signed Local Law 1932-A, which provides that personal guarantees of commercial New York City leases for......
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Contracts often contain what are known as “Force Majeure” clauses, which excuse a party’s performance under the contract where performance......
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As mentioned in an earlier post, companies sometimes issue stock to employees as compensation for services rendered. However, as was pointed out in......
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A prior-post described the use of convertible notes as a means by which companies raise capital prior to having a valuation upon which to calculate a......
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When purchasing stock in a corporation an investor will typically ask for a representation in the purchase agreement setting forth the percentage of......
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When investors purchase equity in a corporation or limited liability company they often ask for tag-along rights, which provide that if one of the......
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When investors purchase equity in a corporation or limited liability company the primary purpose of the transaction is to obtain an ownership......
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Unlike S corporations which, per the Internal Revenue Code, can only issue one class of stock, C corporations can issue multiple classes of stock,......
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Loan Agreements and Notes are executed when loans are advanced in order to evidence the fact a loan was made and to set forth the loan terms,......
READ MOREWhen companies raise capital there are a number of rights that the investors (typically through the lead investor) will seek, such as a preference on......
READ MOREOn Tuesday, May 26, 2020, Mayor DeBlasio signed Local Law 1932-A, which provides that personal guarantees of commercial New York City leases for......
READ MOREContracts often contain what are known as “Force Majeure” clauses, which excuse a party’s performance under the contract where performance......
READ MORE