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......
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 MOREAs mentioned in an earlier post, companies sometimes issue stock to employees as compensation for services rendered. However, as was pointed out in......
READ MOREA 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......
READ MOREWhen purchasing stock in a corporation an investor will typically ask for a representation in the purchase agreement setting forth the percentage of......
READ MOREWhen investors purchase equity in a corporation or limited liability company they often ask for tag-along rights, which provide that if one of the......
READ MOREWhen investors purchase equity in a corporation or limited liability company the primary purpose of the transaction is to obtain an ownership......
READ MOREUnlike S corporations which, per the Internal Revenue Code, can only issue one class of stock, C corporations can issue multiple classes of stock,......
READ MORELoan 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,......
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