What’s the Big Deal with General Releases?

What Are General Releases? When entering into a business relationship, it is important to consider the use of general (sometimes called legal) releases. A general release is a legally binding document in which one party (the releasor) agrees to waive their right to pursue further legal action against another party (the releasee), even if the […]

What is a Close Corporation?

What is a Close Corporation? You may have heard the term, ‘closed company’ before, this often refers to a close corporation. A close corporation is a business structure for a corporation that is utilized by small companies where the shares are held by a select few individuals who are generally closely associated with the business. […]

Should I Form My Startup in Texas or Delaware?

Should I Form My Startup in Texas or Delaware? New startups always face the decision of where to incorporate. Often they have heard that Delaware is the ‘best’ place to incorporate for tax or corporate governance reasons. Business owners are not aware of the added duties and responsibilities for business entities operating outside of your […]