A corporation issues shares in return for capital, property or other consideration. Classes and/or series of shares can be created...

A corporation has a perpetual life. Dissolution, the end of the legal existence of the corporation, can occur in several...

In certain situations, a corporate creditor can sue to hold a shareholder personally liable for the debts of the corporation,...

The Sarbanes-Oxley Act of 2002 was enacted as a direct response to the Enron scandal. It contains a number of...

In the federal system, the losing party has the right to appeal to the appropriate circuit court of appeals. The...

If the jury has arrived at a verdict, the foreperson of the jury hands the verdict to the judge. The...

International mergers can be subject to regulation by American regulatory agencies as well as the agencies of other countries or...

A merger is when two separate firms come under common ownership or control. A merger in itself is not illegal....

Partnerships Partnerships, originally governed by common law, are today governed by state law, either the Uniform Partnership Act of 1914...