Monthly Archives: April 2016

The Basics of Security Agreements

When borrowing money from a lender, many businesses encounter a document known as a security agreement. Security agreements are contracts that assign to the lender a security interest in certain…

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Statutory Mergers

A merger can take many forms, but in its basic essence it involves one or more entities being absorbed into a separate entity. Only the absorbing entity survives while the…

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Debt Financing Versus Equity Financing

Growing a business requires money. Growth can be financed by borrowing money from a bank or financial institution, or by selling shares in the value of the business. Many business…

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What Is Fiduciary Duty

A fiduciary is a person or entity that is legally responsible for managing the assets of another person or group. Fiduciary duties are legal obligations that arise out of the…

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