Corporate law is the body of law governing how corporations and other business entities are formed, operated and dissolved. It addresses issues such as incorporation, shareholder rights, directors’ duties, fiduciary responsibilities, capital structure, compliance with securities laws and the negotiation and documentation of business transactions. Corporate lawyers draft and negotiate agreements, advise boards on governance issues and manage regulatory filings.
Related questions
What is a PLLC? A Professional Limited Liability Company (PLLC) is a special form of LLC used by licensed professionals such as lawyers, doctors and accountants. It provides the owners with limited liability for business debts while complying with state licensing requirements. Only professionals licensed in the relevant field may own equity, and liability protections may not shield members from malpractice claims.
What is a non-circumvention agreement? A non-circumvention agreement is a contract that prevents parties from bypassing an intermediary (such as a broker or finder) to deal directly with a counterparty. In private placements, joint ventures and introductions, non-circumvention clauses ensure that the intermediary is compensated if the parties engage in a transaction. These agreements often accompany non-disclosure agreements and set out consequences for circumvention.
What is corporate governance? Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. It defines the roles of shareholders, boards of directors, officers and other stakeholders and establishes frameworks for decision-making. Sadis litigates corporate governance disputes and advises clients on fiduciary duties, appraisal rights and proxy contests.
What is a business divorce? Business divorce refers to the separation of co-owners in a corporation, LLC or partnership. Disputes may arise from misconduct such as theft, self-dealing or misappropriation of opportunities. Sadis’ Business Divorce & Shareholders Rights practice represents minority investors and majority owners in dissolution actions, buyouts and derivative litigation.
What is co-investing? Co-investing occurs when an investor invests alongside a private equity or venture capital fund in a specific deal rather than through the main fund. Co-investments allow investors to increase exposure to opportunities, often with reduced fees. Sadis advises on negotiating co-investment rights and documenting co-investment vehicles.
