Corporate Decisions: Who Makes What Decision?

This week’s Insight discusses the control of a business – who makes the corporate decisions.  The answer is dependent on the business form (sole proprietorship, partnership, Corporation, LLC) and how it was set up in the first place.  The worst decision-making setup (and the best […]

Don’t Learn About An Inventions Assignment the Hard Way

Inventions Assignment: What Are They The jargon of the trade calls them “inventions assignment” or even more technically “employee proprietary information and inventions agreements”.  In layman’s terms, it means if you “invent” something using your employer’s tools or facilities, information provided to you, contacts, proprietary […]

Share Terminology in the Corporate Structure

I might do a few of these posts about share terminology in the corporate structure. Today I’m talking about authorized, issued, and outstanding shares. There’s three states a share can be in within the corporate structure: authorized (sometimes called “available”), “issued”, and “outstanding”. First Up […]