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Category: Corporate governance documents

A Classic Squeeze-Out: Minority Member Oppression in Wilson v Gandis

In the previous blog, we looked at one of the risks of being in an LLC, minority member oppression. This happens when a member or members of the LLC act...

Your Risks as a Minority Member in an LLC: Oppression and Squeeze-Out

A limited liability company (LLC) is a great thing for many entrepreneurs. Among other things, it provides liability protection while requiring fewer formalities than a corporation. But it’s not risk-free....

When Covenants Not to Compete and NDAs Reach Too Far

South Carolina courts are clear in their general dislike of covenants not to compete and any provisions that restrict an individual’s ability to work. They are also clear in their...

How South Carolina Courts View Covenants Not to Compete

On the surface, covenants not to compete look simple. One party agrees not to compete against another party – either by working for a competing company, or by starting their...

How to Protect Your Interests With Enforceable Covenants Not to Compete

South Carolina is a state that values an individual’s freedom to work. Because of that, it does not look kindly on contracts that try to restrict a person from working....

Did You Choose the Wrong Business Type?

Picking what kind of business you’re going to be – “choice of entity” – is one of the first and most important things you do when you start a business....

How A Buy-Sell Agreement Is Like Monopoly

Imagine sitting down with someone to play Monopoly, and it’s the first time ever for both of you. What do you do first? After you each pick a token –...

5 Ways A Business Lawyer Helps Grow And Protect Your Business

Business law, or corporate law, is the application of law to the business world. The two are completely intertwined at all times. For that reason, as a business owner you...
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