Schwartz Law Firm Legal Blog

If you’re starting a business with another individual, it’s wise to create a partnership agreement. People are often tempted to skip over this step. They may be starting the business with a family member, a friend or a previous coworker and perhaps believe that the two of them are on the same page and there won’t be any issues. But…

A minority shareholder is someone who owns less than half of a business. As a result, the shareholder, typically, has a limited amount of rights and power when making decisions on behalf of a company, unlike a majority shareholder who owns more than half a business. However, most minority shareholders still have some say over a company’s affairs, such as…

When you participate in the management of an organization, whether it is a successful corporation or a non-profit organization, the actions of board members and executives can reflect on everyone involved with the company. While there are often a few people who vote against even popular decisions, sometimes individual executives or board members do something that most other parties involved…

Running a successful business will present a never-ending string of challenges. Although many of these issues will be external threats, internal issues may be present that can lead to risk for the entire organization. For example, you never know when someone involved in the operations of the company might engage in some significant misconduct, like embezzlement. Recognizing the warning signs…