Month: January 2021

A New York business generally has the right to operate as a limited liability company. This is often true even if the company has a single owner. Many entrepreneurs opt for this form of legal entity when they are establishing a new venture, as it protects their...

Individuals in New York become guilty of breaching their fiduciary duties when the entity fails to take actions that represent the best interests of a client who placed their trust in the fiduciary. Business and commercial law recognizes a fiduciary duty whenever one...