How do drag-along rights protect majority LLC owners?
A drag-along provision allows the majority owner to force the minority owner into the sale transaction, regardless of what the minority owner wants.
What are Pre-emptive Rights in LLC Agreements?
The pre-emptive right gives that member the option to buy additional units to preserve that member’s overall interest in the LLC.
Is An Unsigned Partnership Agreement Among Medical Doctors Valid?
Recently, the New Jersey Appellate Division held that an unsigned draft partnership agreement was invalid and nonbinding until agreed to […]
Qualified Small Business Stock (IRC 1202)
Not all stock sales are treated equally for tax purposes. If you bought stock after September 27, 2010 and that stock is […]