Download presentation
Presentation is loading. Please wait.
Published byElaine Perry Modified over 9 years ago
1
Business & Corporate Laws You Need to Know Before Starting Your Own Business
2
Timothy K. Cutler, Esq. tim@cutlerlegal.com Practicing 24 Years 10 Years in Los Angeles & 14 Years in Boston Founded CUTLER P.C. in 2004 Founded CUTLER & WILENSKY LLP in 2013 Served as a Mediator Completed Over 30 Trials in 4 States Overseen Legal Matters in 8 States Represented Start-ups and Emerging Companies in the Areas of Software, Internet, Retail, Engineering and Marketing Represented Chinese Companies Creates Legal Entities Drafts: Licensing Agreements, Contracts and Employment Agreements Handles: Employment Matters, Disputes Between Shareholders, Unfair Business Practices and Contract Disputes Handles: Purchase and Sale of Businesses
3
Connie C. Dai, Esq. connie@cutlerlegal.com Practice Areas: Business, Employment and Immigration Law Handles: Experience in Cross Border Transactions, Drafting and Reviewing Contracts, Judicial Internship, Employment and Investor Visa and Immigration as well as Naturalization Business and Financial Consulting with Start-Ups and Established Businesses Anti-Trademark Infringement Management, Joint Venture Negotiation, and IP Training in Coca-Cola China NECINA – Fundraising and Public Relations Education: J.D. (Suffolk University); MBA (University of Calgary); and B.A. (Shanghai University) Bar Admissions: Massachusetts; and New York Languages: Native Mandarin; and English
4
TOPICS TO BE DISCUSSED Why Is It Important To Have A Legal Entity? What Type Of Entity Is Best For Your Company? C Corp vs. S Corp Limited Liability Company Partnership Management and Control Fiduciary Duties Employment Concerns Protect Your Intellectual Property
5
Why Is It Important to Have a Legal Entity? Liability Credibility Holding Intellectual Property Allows for Multiple Owners Disadvantages of Partnership
6
What Type Of Entity Is Best For Your Company? C Corporation S Corporation Limited Liability Company (LLC) Sole Proprietorship Partnership or Limited Partnership Choice of Jurisdiction
7
C Corp. vs. S Corp. Formality and Inflexibility Bylaws Board of Directors Annual Meetings Ability to Issue Stock S Corp. is Limited to 75 US Citizens or Permanent Residents
8
Limited Liability Company (LLC) No Residence Requirements Flexible in Formalities Operating Agreement
9
Partnerships General Partnership Joint and Several Liabilities Inadvertently Formed Limited Partnership Limited Liability
10
Management and Control Officers Board of Directors Employees and Agents
11
Fiduciary Duties What Are Fiduciary Duties? Directors and Officers Partners in Partnership
12
Employment Concerns Employee or Independent Contractor Wage and Hour Termination
13
Protect Your Intellectual Property Confidential Information Trade Secrets Patent Trademark Copyright
14
Questions?
15
CUTLER & WILENSKY LLP 10 Milk Street, Suite 720 Boston, MA 02108 www.cutlerlegal.com
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.