Corporate law is, at its best, practiced outside the courtroom. In general, corporate law deals with proper documentation and legal compliance. Our clients need to know how state and federal laws and regulations relate to their business.
One of the most important concepts of moderate corporate law is the legal rule that corporations and LLCs, if properly formed and managed, are treated separately in the legal system from their constituent parts. Corporations and LLCs can be sued without that suit extending to their shareholders and members. In the same way, shareholders and members are legally limited in their liability relating solely to business of the corporation or LLC. For example, if a corporation goes bankrupt, that does not mean its shareholders or member must necessarily be part of it.