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What is an LLC, Exactly? An LLC (Limited Liability Company) is a business structure that protects its owners (known as members) from personal liability for business debts, shielding personal assets like homes and savings. A Delaware LLC offers flexibility and privacy when structuring the ownership and management. LLC Members have much freedom of contract to […]
Annual Meeting
What Is a Corporate Secretary? A Corporate Secretary is one of three essential senior officer positions typically found within a corporation. Along with the President and Treasurer, the Corporate Secretary rounds out the core officer positions that a company appoints when initially incorporating. The Corporate Secretary works closely with c-suite executives and the Board of […]
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What Is DExit? DExit is a term used to describe the idea that companies would leave Delaware to incorporate in other states after Elon Musk lost his CEO pay package lawsuit in Delaware. Musk decided to reincorporate in Texas, and encouraged other companies to leave Delaware as well. Delaware has a balanced approach to management […]
