When serving as a director for a corporation, individuals often times wonder whether the decisions they make as a director will get them in trouble. Fortunately, the law often provides protection for directors who act in good faith and use due...
During the 2014 Legislative session, House Bill 319 repealed what was formerly known as the Business Corporation Law for the state, and created the Louisiana Business Corporation Act (“LBCA”). The LBCA is based off the Model Business Corporation...
Unbeknownst to most contractors, Louisiana law provides a form of statutory immunity designed to help contractors avoid liability. According to Revised Statute 9:2771, a contractor will not be responsible for defective work if the...
For many businesses, independent contractors serve as a common source of flexible labor resources. The independent contractor, or “1099 employee,” designation may only be assigned to workers truly independent of the business that has hired their...
At Ogwyn Bonaventure, we gather much inspiration from the spirit of entrepreneurship displayed daily in the passion and ambition of our business clients. We get that it takes a special kind of person to set an idea in motion, riding the highs and...
DELAWARE COURT RULES THAT PRIVILEGED COMMUNICATIONS PASS WITH MERGER
GREAT HILL EQUITY PARTNERS IV, LP V. SIG GROWTH EQUITY FUND I, LLLP, NO. 7906-CS (DEL. CH. NOV. 15, 2013).
In GREAT HILL, the plaintiffs—Great Hill Equity Partners IV, LP, and...
The most recent Legislative session resulted in a sweeping overhaul of the Louisiana corporate business laws. While the intent behind the new legislation was to bring Louisiana more in line with its common law counterparts, the true impact of the...