Are Your Benefits Plans Putting You at Risk?

If you’re an employer, just the word “ERISA” might give you chills.  While the Employee Retirement Income Security Act, or ERISA, serves an important function, for employers it can represent the worst of the federal government: a vast and complicated set of requirements that can come with civil or even criminal penalties for violations. Now […]

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How Should I Structure My Nonprofit?

Nonprofit corporations do some amazing work, and many are able to do it because of their nonprofit status, which comes with many benefits.  Nonprofits can be eligible for tax exemptions, and their supporters are able to make tax-deductible donations.  Creating and operating a nonprofit isn’t difficult, but there are many rules that must be followed […]

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Can I Offer Ownership Options in My LLC?

You created a Limited Liability Corporation (LLC) in South Carolina, and now you want to raise capital by bringing in investors. Unlike a corporation, however, an LLC cannot sell shares. Since an LLC has some characteristics of both corporations and partnerships, you may be wondering whether you can sell ownership interests in your LLC. A […]

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What To Expect During An Arbitration Proceeding

With just about every court in the country facing a backlog of months to years, alternative dispute resolution is becoming an attractive way for parties to “litigate” their disputes in a more timely and private fashion. While most people have not seen the inside of a courtroom, even fewer have been involved in arbitration proceedings. […]

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McCall Farms Acquires Sager Creek Vegetable Company Brands

McCall Farms, known for its tasty line of high quality, seasoned southern-style vegetables and fruits, announced today they are acquiring the brands of Sager Creek Vegetable Company, a division of San Francisco-based Del Monte Foods, Inc. .  The acquired retail and foodservice brands have national and regional distribution and include well-known names like Allens® , […]

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What You Need to Know About Business Capitalization in South Carolina

The State of South Carolina is actively working to improve the business climate within its borders, particularly focusing on bringing innovation to South Carolina.  Early in 2017, the South Carolina Department of Commerce published an Innovation Plan analyzing the current state of affairs and making recommendations for improving options for businesses. In particular, the South […]

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Shareholder Derivative Actions Explained

When you invest your hard-earned money in a corporation, you do so with certain expectations.  And in fact, both South Carolina and federal laws place requirements on the corporation’s officers to meet a set of reasonable expectations.  As a shareholder, the law also gives you a certain set of rights to help you protect your […]

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