Operating Agreements in General Operating agreements define the rights and obligations of the members of a limited liability company (“LLC”). For LLC’s formed in North Carolina, the North Carolina Limited Liability Company Act (the “Act”) [...]
By paragonlaw| 2018-09-13T19:16:10+00:00 September 13th, 2018|Categories: Uncategorized|Comments Off on Part 1 -What Should be Included in Your LLC Operating Agreement?
Non-compete agreements are generally enforceable in North Carolina, except in certain businesses where they are prohibited by statute, rule, or regulation (e.g., the practice of law cannot be restricted by agreement – Rule 5.6 of [...]
By paragonlaw| 2018-04-06T15:05:00+00:00 April 6th, 2018|Categories: Business Law|Comments Off on Business Law – Non-Compete Agreements
When an M&A attorney helps his or her client structure the purchase of a business, it is common for the purchaser to want to structure the transaction as an asset purchase. There are several good [...]
By paragonlaw| 2018-03-13T00:40:59+00:00 March 13th, 2018|Categories: M&A|Comments Off on M&A Attorney – Successor Liability in Asset Purchase