We hear the word “corporation” all the time in business law, but what does it mean, legally, and how does the law handle it? A corporation is a legal entity that can act much like a person; it can enter into contracts, sue and be sued and carry out business transactions.
By incorporating a business, effectively making it into its own ‘person’ under the law, owners and shareholders can protect themselves from being personally responsible for most of the business’ liabilities and debts. Another benefit is that corporations are often taxed at a lower rate than individuals.
However, each state has unique corporate laws regulating the formation, operation and closing of corporations. Some industries have federal regulations as well. Corporate law attorneys are specially trained in these laws and regulations and help corporations with various transactions including licensing, mergers and acquisitions, financing and more.
The exceptionally skilled corporate law team at Dozier Miller will guide you through North Carolina and federal corporate laws that affect your business. We’ll also be there to help you resolve common corporate legal issues — disputes among shareholders, management, employees and vendors/contractors — and navigate any contract or transaction your corporation encounters.
Businesses are constantly making transactions: buying and selling products, services and shares or partnerships in the company. It’s never-ending exchange. At Dozier Miller, we understand the intricate inner-workings of business transactions. As businesspeople ourselves, we appreciate the importance of protecting your rights and interests through every transaction.
It takes careful evaluation and planning to structure mergers and acquisitions that offer the greatest benefit to your company. That’s where Dozier Miller’s mergers and acquisitions team can help.
Workplaces can be stressful environments, especially when there’s tension between employer and employee. Employment law exists to protect employees’ rights and employers’ interests when legal disputes arise in the workplace.
Just as the law protects our ownership rights to our homes and possessions, it protects ownership of intellectual property: designs, inventions, creative works. For businesses, protecting intellectual property means ensuring value.
There’s nothing like tedious paperwork to take the excitement out of launching a new business. Mounting questions and research about the proper legal steps can slow your momentum if you don’t have a clear understanding of the formation process.
Contracts exist to protect the rights and interests of individuals and businesses on both sides of a transaction. Contracts are legally binding, so if either side breaks the contract by failing to provide specified goods or services, or failing to meet certain conditions of the contract, the other party can file a legal complaint.
We know that early prevention of litigation is usually the most cost-effective way to for a business to operate, but if your business is facing a lawsuit or legal action, you can count on Dozier Miller to be tenacious in representing and guarding your interests.
At the most basic level, a non-compete agreement is a contract in which the employee/contractor agrees to avoid actions that could damage the employer’s business. But there’s more to it than that.
Fill this form out to schedule an initial legal consultation. The attorneys at Dozier Miller Law Group value taking the time to thoroughly discuss your unique legal challenges. Our lawyers represent many areas of expertise, but if we don’t have the service you need, we’ll help you find an expert whose skills match your situation.