Corporate Liability In North Carolina

Generally, shareholders, directors, and officers of a corporation enjoy a “liability shield.”  This means that the foregoing actors are not personally responsible for the debts and obligations of the corporation.  This liability shield remains intact even if they make bad business decisions so long as they satisfy certain requirements called fiduciary duties.  Fiduciary duties generally (more…)

Travel Ban

President Trump’s so called “travel ban” is likely to see its day at the Supreme Court of the United States, and it is likely to be sooner rather than later. According to Bloomberg Law, on June 12, the 9th Circuit Court of Appeals ruled against Trump’s order, saying that the President exceeded his authority by (more…)

So You Want to Form a Company, What Now?

So you want to form a company, but you’re not sure about all the different types of business structures? It’s a problem that millions of Americans have every year, and without the right direction or knowledge it can be a treacherous situation. The following information will attempt to explain the various types of Business structures (more…)

Crowdfunding Financing Small Businesses

Nobody ever said starting a small business was easy. Even entrepreneurs with the best ideas are forced to contend with issues like marketing and management in order to get their business off the ground. The most glaring concern facing new business owner is acquiring capital. Traditional sources of debt based capital, like banks and loan (more…)

A Road Guide to Opening a Business

Everyone dreams of being their own boss. Well, some dream of never working again, but realities like bills, kids, and that pesky need for somewhere to live get in the way. So, the dream defers back to being the boss. At least until it’s time to collect that fat buy-out check. But where do you (more…)

Religious Symbols and Unfair and Deceptive Trade Practices

It is common to see advertising for business using Christian symbols such as a crucifix on a flyer, or a business person using scripture verses on their memorabilia when the business is not organized for a religious purposes. This can be quite an effective business tactic: it attracts customers of a similar faith and implies (more…)

What Happens When Your Business is Sued

Business owners that haven’t been sued can get anxious at the mere mention of a lawsuit. Some even assume there are dramatic confrontations with somebody saying, “You’ve been served.” People that have been sued know it’s closer to being diagnosed with an underactive thyroid, but without the intimacy of talking face to face with a (more…)

What to Expect In Small Claims Court

In North Carolina, if you are looking to sue someone, or have been sued, for money owed in the amount of $10,000 or less, your case will be considered in “Small Claims Court.” This does not include any type of child support claim, criminal offense, or traffic ticket. Small Claims Court involves civil issues about (more…)

Using a Power of Attorney to Protect Your Family

With deportations and immigration related arrests on the rise, many who find themselves in the United States without status fear for what the future holds.  If you find yourself in this position, perhaps one of the most important steps you can take is to execute a valid power of attorney. The power of attorney can (more…)

Public Records Law in North Carolina

North Carolina’s public records law provides a broad right of access to records of public agencies.  Chapter 132 of the North Carolina General Statutes define the scope of North Carolina’s law.  Some basic concepts of the public records law are the following: The law applies to records made or received in connection with the transaction (more…)