Month: April 2016

Audit

SOX Audit Committee Guidelines

There are many requirements on the part of a corporation to live up to its obligations under both federal and state statutes. Among these requirements is the requirement that the corporation provide accurate and truthful financial statements under the Sarbanes Oxley Act of 2002. In some situations, when the financial statements have come under question …

SOX Audit Committee Guidelines Read More »

BusinessGeneric2

Spring-Loaded Options and Backdated Options: What Are They?

When deciding how to put together a proper executive compensation package for directors and officers, there are many options to consider. Executive compensation packages can include a number of options: stocks, salary, or even other perks. Courts often have a difficult time deciding whether or not an executive compensation package is appropriate and will only …

Spring-Loaded Options and Backdated Options: What Are They? Read More »

Dissolution

Termination: Rightful, Wrongful, or Neither, and What are Implications?

During the course of a partnership, many unforeseen events may transpire. Some of these events may ultimately lead to the dissociation of a partner or dissolution of the partnership. The dissociation of a partner or dissolution of a partnership has huge ramifications. Even more importantly is whether such actions were done rightfully, wrongfully, or neither, …

Termination: Rightful, Wrongful, or Neither, and What are Implications? Read More »