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Organizing a business as a limited liability company (LLC) is beneficial for small businesses to protect individuals from personal liability. LLCs generally protect company debts
For many startups, it can be impossible to obtain credit without offering a personal guarantee of an owner or officer. If the business is unsuccessful,
Whether you are the sole member of a small limited liability company or the president of an international corporation, the chances are that you will
In the construction industry it is fairly common to see subcontractors, general contractors, or builders shut their corporate entity down, only to emerge shortly thereafter
The Raleigh civil litigation attorneys of Maginnis Law represent a variety of small to medium size businesses. The law firm’s clients include companies involved in
Certain clauses in breach of contract matters, particularly in construction agreements, have been found to be per se illegal under North Carolina law. It is
A common problem in close corporations or small 2-3 member LLCs is what happens if there is a dispute between the shareholders. A common misconception
Property owners frequently have questions about the license requirements on their homes. Some are aware of the $30,000.00 requirement with regard to contractors; that is,
Business owners, what remedies are available to you if you’ve received a bounced check from another party? North Carolina, like many states, allows you to
