Free Consultation? Contact Us
RECENT ARTICLES
[cite] Back To: BUSINESS TRANSACTIONS, ANTITRUST, & SECURITIES LAW Deficiency Letter Definition The Securities and Exchange Commission (SEC) of the United States issues deficiency letters to the registrants of intended public stock offerings when there is some...
[cite] Back to: LAW, RISK, and TRANSACTIONS Venture Capital Exemption from Investment Advisor's Act Venture capital firms are generally exempt from the onerous registration requirements of the Investment Advisers Act of 1940 (the Advisers Act). Specifically, Section...
Use this as a guide through the entity choice, creation, structuring, and funding process. More specifically, it will walk you through the considerations and steps to selecting and forming a business entity and then setting that entity up to carry on business. It...
[cite] Next Article: Securities Issuances Regulated by State Law Back to: SECURITIES LAW BLUE-SKY LAWS Blue-sky laws are state laws regulating the sale of securities within that state. These laws are so named from early laws passed in Kansas and in the Midwest to...
[cite] Next Article: FTC - Enforce Antitrust Law Back to: ANTITRUST LAW What are the major antitrust laws in the United States? Since the inception of antitrust law, the Federal Government has passed three sweeping antitrust laws: The Sherman Act of 1890, The Clayton...
What are the main characteristics of a limited liability partnership in Georgia? A limited liability limited partnership (LLP) is a special, hybrid entity recognized in most states. The LLP has characteristics similar to a general partnership (GP), but has limited...
What is Agency in Georgia? An agency relationship is one in which a party acts on behalf of and with the authority of another party. The principal appoints or authorizes the agent to act on her behalf. Thus, she is responsible for the actions of the agent taken...
Types of Principal in Georgia? Principals are categorized based upon whether their identity is disclosed to third parties with whom the agent interacts on their behalf. Disclosed Principal - A disclosed principals identity is known to third parties dealing with the...
What is required to form a principal-agent relationship in Georgia? An agency relationship is created in the following manners: Express Agreement - A principal and agent may expressly agree to form an agency relationship. The agreement can be oral or in writing. The...
Duties of a Principal to an Agent in Georgia? Generally, a principal owes the following duties to the agent: Duty to Compensate - An agency relationship may be paid or gratuitous. The terms of an agency may be laid out in the agency agreement. If the agency agreement...