Business Law and Corporate Law

Section 1202 of the Internal Revenue Code offers substantial tax benefits for qualified small business stock (QSBS) holders, allowing exclusion of gains up to $10 million or more per taxpayer. Strategic gifting of QSBS shares to family members, trusts, and other entities can multiply these exclusions, potentially sheltering tens of millions in capital gains from federal taxation while navigating complex timing, gift tax, and trust structure considerations.

When life forces the question of exiting your LLC—through death, divorce, disability, or departure—the difference between a clean exit and financial disaster lies in your operating agreement's transfer provisions.

Earlier this week, the SEC’s Division of Investment Management and Division of Corporation Finance recently provided guidance regarding pooled employer plans (PEPs), which are defined contribution retirement plans...

The SEC has proposed allowing public companies to choose semiannual reporting instead of quarterly filings, marking a potential sea change in disclosure requirements.

Significant revisions to the Maine Substance Use Testing Law, 26 Maine Rev. Stat. 681 et seq., will take effect on July 29, 2026. Maine House Bill 1425 (2025-2026).

One of the most effective steps a community association board can take to protect the Association from costly litigation is to request legal review of contracts before engagement with vendors...

A successful real estate project depends on more than a good location. While you focus on land deals in Harris County, the internal rules of your business decide your long-term safety.

In March 2026, the Investment Company Institute (“ICI”) published a survey analyzing the escalating costs and challenges of proxy campaigns for U.S. registered investment funds, finding that the U.S. fund proxy system is both inefficient and ineffective.

Section 1202 of the Internal Revenue Code offers substantial tax benefits for qualified small business stock (QSBS) holders, allowing exclusion of gains up to $10 million or more per taxpayer. Strategic gifting of QSBS shares to family members, trusts, and other entities can multiply these exclusions, potentially sheltering tens of millions in capital gains from federal taxation while navigating complex timing, gift tax, and trust structure considerations.

As franchise systems enter 2026, they should anticipate ongoing challenges and emerging trends. Key areas of focus include the American Franchise Act, FDD comments, and enforcement issues such as fees...

Building a startup isn’t just about product and growth—it’s about getting the legal and financial foundation right from day one.

The U.S. Department of Labor has proposed a new rule establishing a nationwide standard for joint employer status under federal labor laws, introducing a four-factor test that could significantly...