Stockholder oppression in Delaware

Delaware does not have a cause of action for oppression per se, but it does offer relief for claims similar to minority shareholder oppression by applying other legal principles. Therefore, oppression-like claims must be carefully defended in Delaware. Since courts in other states are likely…

Instant Free Syndrome

Like a baby when you cried, your mother or father would come running to take care of you. As a child, when you cried, your parents would hug you or talk to you until you stopped. When you were a teenager, when you wanted something,…

The Anatomy of a TRAC Lease

A large sector of the transportation industry, among others, is now taking advantage of a special type of capital equipment lease known as a TRAC lease. Also known as Leasing with Terminal Rent Adjustment Clause, it is an affordable way for a company whose main…

Nonprofit Payroll

Nonprofit organizations have some unique situations when dealing with their employees’ payroll and payroll taxes. Here we are addressing many of the common payroll situations for nonprofit payrolls. Nonprofit Payroll – Employee Records There are many state and federal laws and regulations related to employee…