Larry and Bob enjoyed their appearance on Business RadioX. They fielded questions from the host and discussed various legal and practical aspects of contracts, employee equity grants and bonuses, trademarks, and other areas of business law. Brian Bullock with Legacy Ventures was also a guest. He discussed some of the successes and challenges of opening restaurants in Georgia. Here is a link to the entire show: https://businessradiox.com/podcast/atlantabusinessradio/pless-sauro/ ... Read More »
STARTING A BUSINESS
Five Legal Points to Remember in Starting a New Business 1.Delaware or Georgia - Measure Twice? As a business founder, when it comes to entity selection you will hear about Georgia and Delaware (mostly). You will hear terms like “S Corporation” or “Limited Liability Company”, or “C Corporation”. Don’t follow the crowd, instead take some quiet time to review with your lawyer the (often many) pros and cons, and practically evaluate your business goals and methods, all so that you can carefully determine which type of entity best fits YOUR ... Read More »
START-UP PACKAGES
START-UPS/FORMING A NEW BUSINESS Overview. So you have a great business idea for a START-UP. You may turn to the Internet for legal help and come across a website or service that contains a form for incorporating a corporation or organizing an LLC. There is so much more to organizing a corporation or LLC, however, than just filing Articles of Incorporation or Organization. If your business has more than one equity holder, a Shareholders’ and Buy-Sell Agreement (in the case of a corporation) or LLC Operating Agreement (in the case of an LLC) ... Read More »
Entity Liability Insulation – A Rugged, Eloquent Voice From 1929 – Behind the “Corporate Veil”
Many of my friends know that the late Justice William O. Douglas, a rugged outdoorsman, rail hobo, eloquent author, world traveler, environmental activist, FDR’s poker buddy, and brilliant jurist, is one of my heroes. His iconic autobiography, Go East Young Man, rests on my office shelf. So I was delighted when I discovered that he had written the words excerpted below, which remain Georgia’s black letter law on the subject, in 1929 as a Professor in a Yale Law Journal article titled “Insulation from Liability Through Subsidiary ... Read More »