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If any of the property of the corporation is real estate, then you should have a real estate attorney review the documents, especially the guaranty. The interplay of California's anti-deficiency laws ...Read more

Yes, the Board of Directors can vote to issue additional shares to some shareholders as compensation for services provided. However, if a dollar value can be attributed to those shares, then the share ...Read more

Issues like the one that you described are typically addressed at some level in the bonus/employment agreement.  Based on your question I am assuming that the agreement does not address this issu ...Read more

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Growing of Medical Marijuana Did Not Violate Zoning Ordinance

By Pannone Lopes Devereaux & West LLC of Pannone Lopes Devereaux & West LLC posted in Corporate & Business on Thursday, December 1, 2016. The Rhode Island Superior Court recently reversed ... Read more

RI Cannabis Cultivator License

By Pannone Lopes Devereaux & West LLC of Pannone Lopes Devereaux & West LLC posted in Corporate & Business on Thursday, December 15, 2016. On December 12, 2016, the Rhode Island Department ... Read more

The Importance of Preparing Corporate Minutes

For California businesses, there are many benefits associated with forming a corporation over other types of business entities. Depending on the type of corporation, benefits may include eliminating d ... Read more

CA (Finally) Making it Easier to Obtain Corporate Filing Records Online

California may be behind many other states when it comes to accessing corporate documents and filings online. However, with the California Secretary of State’s updated website, Statement of Info ... Read more

Beware of Offering Stock to Friends & Family

Many startups and newer companies rely on financial help from friends and family. Some business owners may ask for a loan to start the company. However, others ask for the money to be invested in the ... Read more

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