Willcox, Buyck & Williams, PA Blog

Tuesday, July 16, 2019

Common Issues in Derivative Lawsuits

When you invest your money in a company, you expect a positive return on your investment. Unfortunately, that is not always the case. A corporation may suffer harm for a variety of reasons, which can cause a shareholder’s investment to become risky. South Carolina and federal laws give shareholders certain rights they can exercise to protect their investment in a corporation, including the right to file a derivative lawsuit. ARead more . . .

Monday, June 24, 2019

What is Piercing the Corporate Veil?

One of the main reasons why many individuals choose to incorporate or to form an LLC is to limit their personal liability for business debts and obligations. However, there are cases in which a party may pursue an owner’s personal assets and income for company debt. A South Carolina corporate attorney can help ensure that a corporation is set up properly to reduce the personal liability of the owners.

What is Meant by Piercing the Corporate Veil?

An owner, member, or another party may voluntarily sign a personal guarantee to be responsible for a specific business debt.
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Friday, June 21, 2019

Social Media and Hiring Practices - Five Things to Watch Out For

Almost everyone has a social media presence, including your potential new hires. Many employers research an applicant’s social media accounts as part of the screening and interview process. However, including social media in the screening and background process can have risks. If an employer is not careful, the employer could violate an applicant’s legal rights by checking the applicant’s social media accounts without the applicant’s consent. A
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Thursday, May 23, 2019

Three Things You Didn't Know About Employee Handbooks

Employee handbooks can be useful tools for employers to define policies and procedures. A well-drafted employee handbook can proactively address many of the issues that arise in the workplace. A concise, effective employee handbook may avoid disputes and lawsuits. However, employers can run into problems if they do not seek legal guidance from a
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Thursday, May 16, 2019

If my Employees Didn't Read the Employee Handbook, am I Still Legally Bound?

Unless you sit in a room with an employee who is required to read the entire employee handbook aloud, you can never be sure if an employee has read the handbook. A South Carolina labor and employment lawyer will probably tell you that this procedure would be impractical. Instead, most employers require employees to sign an acknowledgment that they have read the handbook and received a copy of the handbook, which covers the employer even if the employee does not read the handbook.
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Wednesday, April 24, 2019

Does Your Company Have a Workers' Compensation Procedure in Place?

Workers’ compensation is designed to provide benefits to employees who are injured on the job or suffer a workplace illness. Most employers in South Carolina are required to carry workers’ compensation insurance. If you have employees and are unsure about your workers’ compensation procedures, you may want to contact a South Carolina labor and employment lawyer to discuss what you should do.
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Friday, April 19, 2019

10 Things Every Company Policy and Procedures Manual Should Have

You know you need a company Policy and Procedures Manual for your human resources department, but you do not know where to begin. It can be difficult to know what policies and procedures to include in a manual if you have never developed an HR manual before now. Engaging the help of a South Carolina labor and employment lawyer can help you as you begin developing your company’s manual.
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Thursday, March 14, 2019

Is South Carolina Business Friendly?

Deciding what state to form your business is one that should be given careful consideration. This decision can impact your businesses from day one, on. For residents of South Carolina, forming your business in South Carolina may seem the natural choice. For residents of other states, South Carolina may not even come to mind. However,

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Thursday, March 7, 2019

Top Five Mistakes Business Owners Make at Depositions

Depositions are a discovery tool used in lawsuits that allow a party to gather evidence about the case. A party testifying at a deposition is under oath, and the entire session is transcribed into an official record by a court reporter. In a lawsuit, depositions can be very useful to learn what evidence the other party has and to force parties to answer key questions before the trial. If you are called to testify at a deposition, be sure to discuss the situation with

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Friday, February 15, 2019

Types of Business Organizations - Advantages and Disadvantages

There are several different types of business organizations that you may choose from when setting up your business.  Each business entity has certain advantages and disadvantages that may make one entity preferable over other entities based on your specific circumstances. Our South Carolina business formation lawyers review the four most common types of business entities in this article and some of the pros and cons of each business structure.

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Friday, February 8, 2019

Are Business Plans Still Relevant?

Sources seem to disagree about whether business plans are still relevant. Some industry professionals argue that a business plan is a key to success. However, other industry professionals argue that business plans are a waste of time and resources. If you are confused about a business plan, you are not alone. Our

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