In 2022, Elon Musk disbanded Twitter’s board of directors. That decision eliminated a key check on his ability to make unilateral decisions – such as rebranding from “Twitter” to “X.” The role of a corporate board of directors is...
In a bold move, Twitter, one of the internet’s most prominent social media platforms, recently announced its rebranding to a mysterious new name: X. This significant change has captured the attention of trademark attorneys and millions of users worldwide....
~5 minute read What is Virginia’s Minimum Wage? With so many changes coming to businesses this year (see more changes coming soon), an important question to ask is “What is Virginia’s minimum wage?” On May 1, 2021, Virginia’s minimum wage increased from $7.25 to...
What is a Series LLC?For many entrepreneurs, organizing your business as a limited liability company (LLC) is a no-brainer.In Virginia, you can be well on your way to ensuring your personal assets are protected from creditors of your business for just the $100 cost of...
By Tricia Dunlap Esq.~4 minute readPart 3 – LLC Education Series: The Perilous Position of LLC Minority Members Limited liability companies are highly popular, very flexible business entities. They are cheaply and easily formed which unfortunately creates the...
By Tricia Dunlap Esq.~2 minute readSee more videos and blog postsPart 5 – LLC Education Series Fiduciary Duties: The Responsibilities You Never Knew You Had Good faith and fair dealing. Loyalty. Care. Sometimes these seem like quaint concepts. A throwback to a...