by Laberee Law | Jan 14, 2017 | Practical Tips
CONVERTIBLE NOTES are debt instruments which provide for conversion of borrowed amounts into equity under certain circumstances. Some companies like them because convertible notes defer tough discussions about the value of the company when the loan is made and note...
by Laberee Law | Sep 30, 2016 | Practical Tips
When you combine a couple of LLCs into a new corporation, what kind of corporate stock do you issue to the LLCs’ members? This issue arises when LLCs are going to merge or when an LLC is going to “graduate” to C Corp status to accommodate outside investors. In a...
by Laberee Law | Sep 30, 2016 | Trending Topics
When buying a business (whether in a stock deal or an asset deal), the Buyer will often want protection from unforeseen problems, balance sheet shortfalls, customer attrition or claims against representations and warranties. These adjustments can take the form of...