Monthly Archives: May 2013

Corporate Governance: The Basic Legal Framework

May 13, 2013 · by · in Annual Meeting, Board of Directors, Business Judgment Rule, Bylaws, Certificate of Incorporation, Charter, Corporate Governance, Corporation, Creditors, Delaware Court of Chancery, Directors, Dividends, Fiduciary Duty, Proxy, Shareholders · 1 Comment

by Bryan Lane Berson, Esq. Corporations are legal entities and one of several ways to structure a business.  All corporate stakeholders should have a solid grasp of basic corporate governance.  Owners, managers, and shareholders should understand their rights and responsibilities. Incorporators, or promoters, form a corporation by filing a certificate (i.e., articles of incorporation, charter) […]

Purchasing Commercial Real Estate

May 1, 2013 · by · in Closing, Commercial Lease, Contracts, Due Diligence, Leasing, Liens, Mortgage, Real Estate, Real Estate Purchase, Title · 3 Comments

by Bryan Lane Berson, Esq. Some businesses purchase real estate to house their operations.  Transactions to buy office buildings and warehouses are quite similar.  Residential purchasers will recognize many similarities as well. After the parties agree on a price, seller’s counsel will send a contract to the buyer and request a down payment.  Buyer’s counsel […]