Articles Posted in Business Law

Generally, a business entity, such as a corporation or a limited liability company (LLC), shields its owners from personal liability beyond their capital contribution. However, courts can set aside this liability shield to prevent business owners from using the corporate form to commit fraud, subvert justice, or evade obligations. This equitable judicial doctrine is known…

Fiduciary duties serve as the fundamental legal requirement for trust and accountability in commercial relationships. In Alabama, whether a business is organized as a corporation, a limited liability company (LLC), or a partnership, the individuals in control are bound by legal obligations to prioritize the interests of the business over their own personal gain. A…

The dissolution of a business entity is a complex legal procedure that involves much more than simply ceasing operations. Whether the separation is mutual or the result of an internal dispute, the specific steps for winding up affairs in Alabama are strictly governed by the company’s organizational structure. Under Title 10A of the Alabama Code,…

In the world of business, protecting your company’s assets—its clients, trade secrets, and reputation—is paramount. However, Alabama law balances this business need against an individual’s right to earn a living. If you are an employer drafting a contract, or an employee being asked to sign one, a common question arises: Are non-compete agreements actually enforceable in…