“Software-as-a-Service,” commonly known as “SaaS,” is a subscription-based software distribution model in which the vendor allows users to connect to and use cloud-based applications over the Internet for the subscribed term....more
1. Commercial Chapter 11 Bankruptcy Filings Have Increased Significantly Year-Over-Year: There has been a significant increase in the number of commercial Chapter 11 cases (larger company filings) in 2024. By way of example,...more
7/2/2024
/ Bankruptcy Code ,
Banks ,
Borrowers ,
Cannabis-Related Businesses (CRBs) ,
Chapter 11 ,
Commercial Bankruptcy ,
Commercial Real Estate Market ,
Debt Restructuring ,
Federal Reserve ,
Healthcare Facilities ,
Interest Rates ,
Lenders ,
Presidential Elections ,
Reorganizations ,
Small Business
An often overlooked and critical function of operating a successful business is sound corporate governance. But what is corporate governance? Generally stated, corporate governance encompasses the rules, mechanisms and...more
12/22/2023
/ Best Practices ,
Board Members ,
Board of Directors ,
Business Entities ,
Business Formation ,
Business Operations ,
Bylaws ,
Corporate Governance ,
Corporate Officers ,
Duty of Care ,
Duty of Loyalty ,
Fiduciary Duty ,
Shareholder Rights ,
Shareholders
The Corporate Transparency Act (“CTA”) goes into effect January 1, 2024. Here are some key facts that will help you understand your obligations under the CTA:
WHY WAS THE CTA ENACTED?...more