Kiritsis & Associates
Kiritsis Law Group Firm Telephone: 212-922-0005
Author John Kiritsis, Esq., CPA, MBA, MS, JD, LL.M
Unless the document of incorporation states otherwise, each shareholder has one vote for each share registered in his or her name on the shareholders' register. BCL 612(a). Several mechanisms may be utilized to differentiate the voting rights among shareholder classes. Absent any proper planning ahead of time and with no properly adopted corporate documents to the contrary, it may be possible that the corporate founders be stuck with a one share one vote legal management regime.
Some items worth considering prior to starting a Corporation, may include:
What is the name of the Corporation?
Will the Corporation be for profit or non for profit?
Will the bylaws be indicative of a for profit or non profit Corporation?
Can shareholder action be taken without a meeting?
How many directors will serve on the Board of Directors?
Will the Corporation have a seal?
Will the corporate bylaws be subject to being amended by a simple majority?
Will the corporate bylaws be subject to being amended by a super majority?
In the event of a lawsuit, will the corporation pay for its directors and officers' legal defense fees?
Will the Corporation have the ability to issue stock certificates upon proper request?
Should the initial Board of Directors members be named in the Articles of Incorporation?
Will the Corporation have at least one President?
Will the Corporation have at least one Vice President?
Will the Corporation have a Treasurer?
Who is going to be the corporate secretary of the Corporation?
When will the internal affairs governing documents of the Corporation be signed?
Who will act as the Corporation's organizer?
Will the Corporation adopt a trade name?
What will be the Corporation's legal name?
What will be the physical address of the Corporation?
What will be the Corporation's mailing address?
When will the Corporation's operations begin?
How many employees will the Corporation have?
What is the anticipated annual revenue of the Corporation?
What will be primary type of activities in which the Corporation will engage in?
Where will the Corporation conduct its day to day business operations?
How many authorized shares will the Corporation have?
Will the Corporation's shareholders have the legal right to maintain their ownership percentage through additional stock purchases?
Will the Corporation's shareholders be required to offer to the Corporation first their shares prior to selling them to others?
What will be the Corporation's fiscal year end date?
What are the names, addresses and phone numbers of the Board of Directors members?
Will the directors' terms be staggered?
If the director terms are staggered, what will be their length in terms of years in office?
Will the directors be shielded from personal liability exposure from the Corporation?
What is the contact information of the Corporation's President?
What is the contact information of the Corporation's Vice President?
What is the contact information of the corporate secretary?
What is the contact information of the Corporation's treasurer?
Are transactions between the Corporation and its directors/officers permitted?
Who can sign and effectively legally bind the Corporation, as far as, real estate contract documents are concerned?
What day to day activities will individual directors/officers be allowed/authorized to do on behalf of the Corporation?
Will the directors of the Corporation be authorized to lease office space on behalf of the Corporation?
Who is the contact person of the corporate commercial tenant, with regards to correspondence with the underlying commercial landlord?
What are the shareholder voting requirements needed for changing the corporate bylaws?
When and where will the initial Corporation shareholder meeting will be held?
What are the logistics of scheduled corporate shareholder meetings?
Will the Corporation issue stock certificates?
Will fringe type of benefits be offered by the Corporation?
What benefits (if any) will be offered by the Corporation to its shareholders, officers and/or directors?
Who will be the Corporation's registered agent?
Who will be the Corporation's accountant?
Who will be the Corporation's lawyer/general counsel?
Who will be the Corporation's insurance professional?
Who will be the Corporation's banker?
Has a founder's type of agreement been entered PRIOR to the date of incorporation?
Is the underlying business of the Corporation an already existing business or is it an entirely new start up?
Will the Corporation be treated as a C Corp for tax related purposes?
Will the Corporation elect S Corp tax treatment?
Will the Corporation have LLCs/Subsidiaries?
Citations and possibly useful reference links, may include:
-New York State Bar Association
-New York City Bar Association
-American Bar Association
-New York State Secretary of State: Divisions of Corporations
-Internal Revenue Code
-Internal Revenue Service
-New York Department of Finance
-New York Business Corporation Law
-New York UCC (Uniform Commercial Code)
-New York LLC (Limited Liability Company) Law
-New York General Obligations Law (GOL)
-New York CPLR
-Delaware Corporate Law
-Delaware LLC Law
-Revised Uniform Limited Liability Company Law (RULLCA)
-New York Partnership Law
-New York Trust Law
-New York Constitution
-Gordon v. Doty 69 P.2d 136 (Idaho 1937)
-A. Gay Jenson Farms Co. v. Cargill, Inc., 309 N.W.2d (Minn 1981)
-Hoddeson v. Koos Bros., 47 N.J. Super. 224 (N.J. Super. Ct. App. Div.1957)
-Ira S. Bushey & Sons, Inc. v. United States, 398 F.2d 167 (2d Cir. 1968)
-Majestic Realty Assoc., Inc. v. Toti Contracting Co., 30 N.J. 425 (1959)
-Town & Country House & Home Serv., Inc. v. Newbery, 3 N.Y.2d 554
-Fenwick v. Unemployment Compensation Comm’n, 133 N.J.L. 295 (1945)
-Martin v. Peyton, 246 N.Y. 213 (1927)
-Meinhard v. Salmon, 249 N.Y. 458 (1928)
-Eisenberg v. Flying Tiger Line, Inc., 451 F.2d 267 (2d Cir. 1971)
-Marx v. Akers, 644 N.Y.S.2d 121
-Auerbach v. Bennett, 47 N.Y.2d 619 (1979)
-A.P. Smith Mfg. Co. v. Barlow, 13 N.J. 145 (1953)
-Kamin v. American Express Co., 86 Misc.2d 809 (N.Y. Sup. Ct. 1976)
-Francis v. United Jersey Bank, 87 N.J. 15 (1981)
-Bayer v. Beran, 49 N.Y.S.2d 2 (N.Y. Sup. Ct. 1944)
-Escott v. BarChris Construction Corp.m 283 F.Supp. 643 (S.D.N.Y. 1968)
-Levin v. Metro-Goldwyn-Mayer, Inc., 264 F.Supp. 797 (S.D.N.Y. 1967)
-Rosenfeld v. Fairchild Engine & Airplane Corp., 309 N.Y. 168 (1955)
-AFSCME v. AIG, Inc., 462 F3d 121 (2d Cir. 2006)
-Crane Co. v. Anaconda Co., 39 N.Y.2d 14 (1976)
-Ingle v. Glamore Motor Sales, Inc. 73 N.Y.2d 183 (1989)
-Metropolitan Life Ins. Co. v. RJR Nabisco, Inc., 716 F.Supp 1504 (S.D.N.Y. 1989)
-Morgan Stanley & Co. v. Archer Daniels Midland Co., 570 F.Supp 1529 (S.D.N.Y. 1983)
-Form 1099- DIV
-Buckley v. Valeo, 424 U.S. 1 (1976)
Law Offices of Kiritsis & Associates
Manhattan Office (Main Office):
633 Third Avenue
New York, NY 10017
Brooklyn Office (By Appointment Only):
1023 74th Street
Brooklyn, NY 11228
New Jersey Office:
7309 Ventnor Avenue
Ventnor, NJ 08406
ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME.
We hope you would find this website useful with regards to finding potentially relevant information for your legal issue. The Law Offices of Kiritsis & Associates PLLC is a boutique Law Firm Group headquartered in Midtown Manhattan, with offices in Manhattan, Brooklyn (NY) and New Jersey. We strive to provide professional legal services for individuals and various business entities. Our clientele ranges from including aspiring entrepreneurs, startups to established business organizations.
We offer flat fee prices for many of the practice areas provided listed throughout our website. For more information on a topic you may be interested in, or simply to find out how our Law Firm Group can help, you may click at any of our site's links.
We are available for existing and potentially new clients 7 days a week via online, phone, and/or in person.
Intellectual Property Disclaimer(s):
The materials available through this website and any other websites owned by John Kiritsis (individually and collectively, the "Website") are the property of John Kiritsis and his entities, and are protected by copyright, trademark, and other intellectual property laws. You may not use, reproduce, download, store, post, broadcast, transmit, modify, sell, or make available to the public content from the Website without the prior written approval of John Kiritsis. Be aware that any unauthorized use of John Kiritsis trademarks and copyrighted content for commercial purposes in violation of John Kiritsis's intellectual property rights will be vigorously enforced. All other trademarks, service marks and trade names referenced in this site are the property of John Kiritsis.
Our firm has a robust practice area presence regarding business formation and corporate governance. Below are just some of the areas our firm can help you with:
-New York Incorporation State Filing Forms
-NY Incorporation State Filing Fee Payment Forms
-Corporate Books and Records
-Incorporator Filer Services
-Incorporation Organizer Services
-Corporate Secretary Services
-Piercing the Corporate Veil
-Professional Service Corporations
-Corporate Meeting Minutes
-Corporate Paper Meetings
-Corporate Live Meetings
-New York BCL Legal Analysis Services
-DIrect Corporate Litigation
-Derivative Corporate Litigation
-Corporate Employment Contracts
-Corporate Independent Contractor Agreements
-Corporate Reverse Mergers
-Corporate Tax Return
-Corporate Tax Compliance
-Corporate Tax Controversies
-Corporation Stock Certificates
-Corporation Preliminary Name Search
-Corporate Banking Resolution
-Corporate Asset Purchase Agreements
-Asset Protection Driven Incorporations
-Tax favored Corporations
-S Corp tax election
-Corporate Resolution Authorizing Transaction
-Corporate Service Agreements
-Ongoing Corporate Legal Counsel Assistance
-Minority Business Certification for New York Corporations
-Women Owned Certification for New York Corporations
-Veteran Owned Small Business Certification for New York Corporations
-Service Disabled Veteran Small Business Certification for New York Corporations
-Legal Name Selections for New York Corporations
-Corporate Tax Ids
-Corporation New York State Tax Id
-Federal Corporate Income Tax Return
-State Corporate Income Tax Return
-For Profit Business Corporations
-New York Domestic Business Corporations
-New York Foreign Qualified Corporations
-Shareholder Proxy Battles
-Shareholder Voting Proxy Trust Agreements
-Bearer Corporate Stock Certificates
-Par Value Corporate Stock Shares
-Par Value Corporate Stock Certificates
-Corporation LLC Divisions
-Corporation D & B Numbers
-Bank Letters for Corporations
-Employer Manuals for Corporations
-Corporation Federal Trademarks
-Corporation State Trademarks
-Corporation Federal Service Marks
-Corporation State Service Marks
-Corporation Copyright Registration
-Corporation Business Registration
-Corporation Biennial Filing Reports
-Corporation Franchise Fee Filling Reports
-Corporation Stock Purchase Agreements
-Corporate Indemnification Agreements
-Corporate Shareholder Restrictive Agreements
-Corporate Shareholder Divorce Protection Structuring
-Corporate Security Agreements
-Corporate Lender's Agreements
-Corporate Promissory Notes
-Corporate Capital Stock
-Corporation Non Voting Stock Certificates
-Corporation Preferred Stock Certificates
-Corporate Side Agreements
-Corporation Registered Agent Services
-Corporation General Counsel Club Services
-Duplicate Corporate Kit Orders
-Replacement Corporate Kit Orders
-New Corporate Kit Orders
-Corporate Books & Ledgers
-Corporate Meeting Recordation Services
-Articles of Incorporation
-Corporate Shareholder Ownership Register
-Seed Capital Credit Agreements
-Shareholder Stock Pledge Agreements
-Corporation Independent Director Service Agreements
-Customized Corporate Record Kits
-Corporation Document Retrieval Services
-Corporation Filing Forms Services
-Corporation Nominee Services
-UBO (Ultimate Beneficial Owner) Trust Agreements
-Corporate Stock Ledgers
-Corporation Fictitious Names
-Corporation Alternate Names
-For Profit Corporations
-Low Profit Corporations
-Non Profit Corporations
-Shareholder Directive Order Agreements
-Perpetual Duration Corporations
-Limited Duration Corporations
-De jure Corporations
-De facto Corporations
-Corporation Certificate of Good Standing
-Corporate Tax Clearance Letter
-Corporate Spin Offs
-C Corp electing S Corp tax treatment
-Ending S Corp tax election
-C Corp Subsidiary
-C Corp Division
-S Corp Subsidiary
-S Corp Sub Subsidiary
-Shareholder Meeting Agenda
-Shareholder Meeting Paper Ballots
-Incorporation for Licensed Professional Owners/Executives
-Corporate Tax Avoidance Planning
-Reverse Corporate Piercing
-Corporate Bankruptcy Petition Filings
-Corporate Governance Documents
-Corporate Stock Shares Certificates
-Board of Director Meeting Minutes
-New York Articles of Incorporation Filing Forms
-New York Amendment of Articles of Incorporation
-New York Correction of Articles of Incorporation
-New York Corporation Kits
-New York LLC formation
-New Jersey LLC Formation
-New York Incorporations
-New Jersey Incorporations
-Delaware LLC formation
-Limited Liability Law
-Business Corporate Law
-Limited Liability Partnerships
-DBAs (Doing Business As)
-Registered Agent Services
-Agents for Service of Process
-NY LLC Newspaper Publication
-New Jersey Business Registration
-NY Entity Biannual Report
-NJ Entity Biannual Report
-Delaware Franchise Tax Returns
-Partnership Tax Returns
-Non-Profit Entity Structures
-Website Terms of Service Language
-Website Purchase Agreements
-S Corporation Tax Election
-C Corporation Taxation
-Document Review Services
-Proxy Voting Trusts
-Membership Interest Certifications
-General Counsel Service
-Small Business Attorneys
-Blockchain Technologies and Digital Currencies
-Data Privacy and Cybersecurity
-Intellectual Property Licenses and Assignments
-Legal Due Diligence
-Mergers and Acquisitions
-NFTs (Non-Fungible Tokens)
-Non-Profit Formation and Law
-Adult Entertainment Films
-E Sports Law
ATTORNEY ADVERTISING. PRIOR RESULTS DO NOT GUARANTEE A SIMILAR OUTCOME.
The views expressed by this author is not legally binding or reflective of the author, the author's firm, the author's employers, the author's employees, or any individual and/or organization.