Corporate Law Archives

What Every Employer Should Know Before Hiring an Unpaid Intern

How are employees and unpaid interns classified under federal law? The Fair Labor Standards Act gives employees certain benefits and protections, including being paid at least minimum wage.  Employers must comply with these requirements unless their worker(s) fall into an exception category, such as a valid unpaid intern or volunteer.  An employer who improperly classifies […]

Employers: Are you aware of the new Form I-9?

Beginning May 7, 2013, all employers must use the new U.S. Citizenship and Immigration Services (USCIS) Form I-9. New employees and any existing employees who have not previously completed a Form I-9 must fill out the new version of this form. Employers have certain legal responsibilities under immigration law during the hiring process, including verifying […]

7 Questions to Ask Before Becoming a Benefit Corporation

On December 1, 2012, Massachusetts authorized a new type of corporation – the Benefit Corporation.  This form of corporation is a loose hybrid between a for-profit and a not-for-profit corporation, in that its directors and executives are required to create a “general public benefit” in addition to the traditional goal of generating financial returns for […]

Beware – Email exchange may create binding contract

A Massachusetts court recently held that a case may proceed to trial to determine if email exchanges in a real estate transaction may bind the principals in the same manner as if they had physically signed a Purchase and Sale Agreement (Feldberg v. Coxall). The Court applied the Massachusetts Uniform Electronic Transactions Act (MGL chapter […]

New Filing Requirements for Massachusetts Limited Liability Companies and Limited Partnerships

Summary: The SOS has enacted changes designed to make the filing requirements for LLCs and LPs similar to the requirements for corporations and Limited Liability Partnerships (“LLPs”), including the ability to administratively dissolve the entity for failure to file annual reports. Common Questions/Practical Answers 1. What are the changes to the filing requirements?  There are […]