Generational Transfers

December 13, 2012

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http://www.starwars.com/watch/episode_5_i_am_your_father.html When discussing this topic, I am taking a broader view of what encompasses a generational transfer to include not just family transfers, but transfers to younger employees. Often, a merger from a third party is not desirable or available. The industry, the nature of the business, the fact that the revenue is tied up […]

Getting Your Company Ready To Sell

December 4, 2012

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http://www.youtube.com/watch?v=DI3wjBq3MbQ Many reasons exist that may prompt an owner or owners to begin to at least consider that the time has come to sell a company. Something may be happening with the industry generally; something may be happening with the owner personally. But for whatever reason, “it is time to get ready to sell.” From […]

Mergers

November 29, 2012

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Eventually, all good (and bad) things come to an end. While it is true that some companies last an extremely long time and some companies do get passed down from generation to generation, the overwhelming majority of businesses come to an end. Because no one person can work forever, business owners must contemplate an eventual […]

Board Liabilities

November 20, 2012

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Throughout the dialogue about boards (whether they are at the beginning stage, public company, or advisory boards), the liability question has hung over the discussion like a gray cloud. These fiduciary duties loom as foreboding shadows against the backdrop of public companies where nasty words like “Sarbanes Oxley” strike fear in individuals. In order to […]

Using Advisory Boards in Small Business

November 13, 2012

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In the last two articles, I referenced Advisory Boards and their usefulness in accomplishing goals for small business. Indeed, Advisory Boards are useful tools in small business. If you look at the role of the board as two fold – first, legal monitoring and second, setting the strategic direction – then bifurcating these roles can […]

Obama’s Second Term: What Does It Mean for Employers and the Workplace?

November 8, 2012

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The 2012 presidential election is now over (despite Florida still counting votes) and Obama has won a second term. Now, that the election is over, what can employers expect in the next four years with regard to human resources and employment law? President Obama will continue to control appointments to agencies such as the Department […]

Vote Yes for Amendment 9 – Repealing and Replacing Outdated Corporate Legal Laws

November 1, 2012

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Because a statewide citizen vote about Alabama’s corporate law is a once in a career event for corporate lawyers, the business lawyers of RMLG believe it is important to educate the public about Amendment 9 which is on the ballot this coming election.  All of us are for this amendment, and we hope that you […]