Blog

By J. Dain Dulaney, Jr. | Imagine this day for a moment: you are the CEO and announce to your investors and employees that the company is issuing additional equity ownership and that their equity ownership percentage is being diluted. Chaos ensues. You have panicked existing investors. Employees are up...

By J. Dain Dulaney, Jr. | So, you’re a start-up using convertible notes to raise money from investors and want to do all you can to attract investors. You know that the investors primarily focus on the discount percentage to the next round of equity (typically 20%). You also know...

By Kenneth J. Abner | I am often asked to help conceptualize deal structures for real estate projects that bring together the expertise of a developer with the capital of investors. Over the last 22 years, I have seen it from all sides – not merely as an attorney. I...

By David M. Bishop | If you co-own a business you’ve probably been told to get a buy-sell agreement. A good buy-sell agreement creates a market for your shares when you die or depart the business. A buy-sell agreement also helps you block your co-owner’s transfer of the shares to...

By Matthew R. Joyner | On January 1, 2014, North Carolina’s “new” limited liability company act went into effect, replacing NCGS §57C with NCGS §57D. Despite the fact that the new LLC Act has been in force for almost two years now, we do not yet have appellate case law...