llcs-corporations-partnerships

(Wex page)
Definition

A corporation that does business in a state but is incorporated in a different state or a foreign country. A foreign corporations must file a notice of doing business in any state in which it does substantial business.

Compare to a...

(Wex page)
Definition

1. A relationship wherein a business organization, called a franchiser, in exchange for a fee and with the franchisor's guidance, allows another business, called the franchisee, to operate under the franchiser's trade name and offer the...

(Wex page)

State law giving rights to creditors in the event of a fraudulent transfer. Most states have adopted the Uniform Fraudulent Transfer Act.

(Wex page)

Any tactic used by majority shareholders to deprive minority shareholders of governing control of a corporation. It is used to pressure the minority shareholders to sell their stock in the corporation, usually in the context of an acquisition.

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(Wex page)

Provision in a corporate charter that allows an acquiring company to buy the stock of minority shareholders in exchange for fair cash value for a certain period of time, usually two to five years, after the acquisition.

See also

Squeeze-...
(Wex page)
Definition

The senior attorney that represents a business; can be an in-house position or a partner from an outside law firm.

(Wex page)

Managing member of a partnership, who retains unlimited joint and several personally liability for the debts and obligations of the partnership.

See also

PartnershipLimited Partnership
(Wex page)
Definition

Refers to a target company buying back its shares from a potential raider at a price higher than that offered to other stockholders, in exchange for the recipient ending the attempted hostile takeover.

See alsoHostile takeoverRaiderAnti-...
(Wex page)

The area of a home also utilized as a business' primary office. Business-related expenses incurred from the home office may be tax deductible if the business owners spends over half of his or her time working from there.

Also may refer to the...

(Wex page)

An attempt to purchase a controlling stake in a corporation without the consent of the board of directors of the target company, or else continuing to negotiate with shareholders after the board of directors rejects the bid.

See also

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