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...
by e-LawLines | Sep 25, 2017 | Employment Law, Small Business Law
In the final quarter of last year, many employers began frantic preparations in anticipation of a new DOL Overtime Rule that was to take effect December 1, 2016. This rule was to have raised the overtime salary-test exemption threshold from $23,600 to $46,476, meaning...
by e-LawLines | Sep 19, 2017 | Corporate Law, Small Business Law, Taxation
When forming a new company, it is important to consider not only the type of entity being formed but also how that entity will report and pay taxes. In certain situations, it may make sense for a corporation or LLC to elect to be taxed under subchapter S of the...
by David P. Weiss | Jan 11, 2017 | Corporate Law, Small Business Law
In a 2016 action brought under the Federal Trade Commission (“FTC”) Act, the U.S. Ninth Circuit Court of Appeals was faced with a situation wherein a company offering a “free” online service included in the very fine print a negative option to...
by e-LawLines | Jan 4, 2017 | Corporate Law, Employment Law, Small Business Law
*** We originally published this article in February 2013. Almost a year later, the Midwest is in the middle of another major winter storm, with more snow likely to come before spring arrives. Accordingly, this is a perfect opportunity to republish this time-sensitive...
by e-LawLines | Oct 19, 2016 | Contract Law, Corporate Law, Homeowner Associations, Real Estate Law, Small Business Law
Everyone has wanted to get out of a contract at some point. Some contracts contain provisions to terminate the contract as long as certain conditions are met. It is important to comply with these provisions when terminating a contract or a court may find that the...
