Starting a new business in New York involves many decisions. Few are as important as choosing its legal structure, as this choice affects everything from personal liability to how the company pays taxes. Selecting the right business entity is a vital step that...
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Corporate
How foreign laws can impact domestic litigation
Litigation in New York often relies on the analysis and application of either state statutes or federal regulations. However, laws in other countries can impact the outcome of domestic legal disputes. During business lawsuits, in particular, international laws might...
What tax treaty benefits should multinational corporations know?
Expanding across borders opens new revenue streams, but taxes can shrink your profits fast. Tax treaties between countries can lower that burden when you understand how they work. If your company operates in more than one country, you need to know how these agreements...
Structuring for scale: Building a business for global growth
Growing a business is exciting. Many founders focus on sales and hiring in the early days. However, they often overlook one big decision: how to set up the company legally. The type of entity you choose today can either help you grow or create expensive problems when...
How does bankruptcy impact corporate shareholders and investors?
When a large company files for bankruptcy, the effects reach far beyond the business itself. Shareholders and investors often face major financial losses. Knowing how bankruptcy changes ownership and investment rights helps you understand what may happen to your...
The SEC Withdraws 14 Proposed Rules from March 2022 to November 2023
On 12 June 2023, the SEC withdrew fourteen proposed rules from March 2022 to November 2023 that had been proposed when Gary Gensler served as Chair of the SEC. These withdrawn proposed rules had been targeted by the House Financial Services Committee. The SEC will not...
LITIGATING PRE-INCORPORATION ISSUES
Before a company is incorporated—that is before documents are formally filed with the proper government entity i.e., the Secretary of State—it may be necessary for the company to enter into a contract to preserve some advantage. Before incorporation, for example, a...