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Breaching Fiduciary Duties in LLCs: Did the Bad Actor Really Expect a Different Outcome?

Breaching Fiduciary Duties in LLCs: Did the Bad Actor Really Expect a Different Outcome?

by David P. Weiss | Mar 21, 2022 | Corporate Law, Litigation, Small Business Law

From my vantage point, there are close calls, and then there aren’t. This is a story where the facts and arguments point, indisputably, to the issue not being even remotely close when viewed from the reasonable person standard. In a recent case involving two...
Corporation vs. LLC – Is the Decision Any Clearer?

Corporation vs. LLC – Is the Decision Any Clearer?

by David P. Weiss | Feb 10, 2022 | Corporate Law, Small Business Law

For years, it seems that choice of entity has been given, at best, only passing attention. While everyone contemplating starting a business has heard of corporations, that entity is viewed as their father’s entity, not the newer, hipper limited liability company...
The Devil’s (Still) in the Details: Deadlines and Liquidated Damages Clauses

The Devil’s (Still) in the Details: Deadlines and Liquidated Damages Clauses

by David P. Weiss | Nov 18, 2020 | Commercial Law, Contract Law, Corporate Law, Real Estate Law

A recent case out of Illinois illustrates the danger of failing to keep track of deadlines, and expounds on the purpose of liquidated damages. The facts of the case are rather straightforward, but the results surely must have stung for one of the parties. A contract...
Resources for Navigating the Impact of the Coronavirus

Resources for Navigating the Impact of the Coronavirus

by David P. Weiss | Apr 2, 2020 | Commercial Law, Corporate Law, Employment Law, Homeowner Associations, Physicians & Healthcare, Small Business Law

These are trying times for employees and employers alike in just about every industry imaginable. Disrupted work, adjusting to work from home (for the lucky ones!), uncertainty about how long stay-at-home and social distancing orders will last, outright business...
What Happens to Your Business if You Can’t Return to Work?

What Happens to Your Business if You Can’t Return to Work?

by David P. Weiss | Feb 19, 2019 | Corporate Law, Small Business Law

The number of, and the economic powerhouse created by, owner-entrepreneur and family businesses is astonishing. Entrepreneurs and family businesses account for 64 percent of the entire U.S. gross domestic product, generate 62 percent of the country’s employment...
When Stock Certificates Disappear

When Stock Certificates Disappear

by e-LawLines | Oct 19, 2017 | Commercial Law, Corporate Law, Small Business Law

When operating a corporation, it is important to observe corporate formalities. This will ensure that the corporation protects the individual shareholders from the corporation’s liabilities but it can also protect shareholders from costly mistakes. In the recent case...
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e-LawLines is published by David P. Weiss, an attorney at law affiliated with Jenkins & Kling, P.C. His practice serves the entire St. Louis metropolitan region, including City of St. Louis, St. Louis, St. Charles, Jefferson, Washington, Franklin and Lincoln counties in Missouri, and Madison and St. Clair counties in Illinois. Learn more about David’s background.

David P. Weiss | 314.561.5078
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