Why Do So Many Businesses Incorporate in Delaware? Why Are Over Half of the Fortune 500 Companies Registered in Delaware? Delaware is one of the smallest states in the US by both population and geographic size, so why is it home (on paper) to some of the world’s largest companies? Before we get into it,…
Read MoreWhat can the $20 million Lowe’s Lawsuit Teach Other Businesses A lawsuit was filed recently against Lowes seeking $20 million USD in damages. This case shows how easily even a high-level corporation can run into trouble in these difficult times. So, what happened? At a Lowe’s store in California, a customer encountered a man on…
Read MoreWhat You Need to Know About Class Action Lawsuits What is a class action? A class action lawsuit is a type of lawsuit that allows a large group of people who were wronged by an individual or company to come together as one to sue them. A situation that may cause a class action lawsuit…
Read MoreHow the USMCA will help Small and Medium-Sized Enterprises (SMEs) The USMCA is a new trade agreement between the United States, Canada, and Mexico that replaced NAFTA on July 1st of this year. The agreement places a large emphasis on supporting small and medium-sized enterprises (SMEs) in North America, including a new feature: a chapter…
Read MoreWhat Does a Registered Agent Do? A corporation or LLC must identify a registered agent in each state where they are registered. A registered agent is a person or entity that is designated to receive important legal documents on behalf of your business. The types of legal documents sent to a registered agent may include…
Read MoreWhat is the Mahindra Roxor and why are they in a Legal Dispute for looking like a Jeep? What is the Mahindra Roxor and why were they accused of trade dress infringement? Before we start on that, we first have to explain what a trade dress is. A trade dress is intellectual property protection for…
Read MoreDoing Business in Another State – Foreign Entity Registration What is foreign entity registration on a state level? A “foreign” entity does not always mean that a company is incorporated outside the US. At the state level, a foreign entity may refer to a company that was incorporated in a different state. If your…
Read MoreAs previously discussed earlier this Spring, the Paycheck Protection Program (“PPP”) enacted through the CARES ACT is a Federal Program that has been marked with more questions than answers. As the days pass and the implications of the program are evaluated by the government and public, the Small Business Administration (“SBA”) and Department of Treasury…
Read MoreBeginning last week on Wednesday, April 1st, in South Carolina non-essential businesses, venues, facilities, and services were ordered to be closed to non-employees and the public. In the latest Executive Orders issued on April 3 rd & 6th, South Carolina Governor McMaster has further defined which businesses must be closed. The latest “Home or Work…
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