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New Mexico Corporate Law Lawyers

Frequently Asked Questions

  • What is an S Corporation?
    There are several different types of corporations from which business owners can choose when they initially set up their business. One type of corporation is an S corporation. The … more
  • What is a C Corporation?
    A C corporation is the most common type of corporation. The “C” refers to the subchapter of the Internal Revenue Code which explains the rules of taxation for this type of business … more
  • What steps are required to form a corporation?
    A corporation is a legal entity with a corporate charter from a state. To form a corporation, the following simple steps are required: 1.  Select a name for your business.  State laws … more

Legal Articles

  • Buy Sell Agreements
    People enter business ownership relationships with the hope that the relationship will continue for as long as the business operates. However, despite the excitement of a new business, it is important to be realistic. A co-owner may want to leave the business in the future and all of the business owners must protect themselves for that possible, or probable, occurrence. For example, … more
  • Zone of Insolvency - How to Conduct Business When Bankruptcy is a Looming Possibility
    Corporate Boards of Directors always have complicated decisions to make. However, those decisions become incredibly more complex when the company has entered a “zone of insolvency” and is considering bankruptcy. Generally, Boards of Directors owe a fiduciary duty to the company’s shareholders. That means that they must make decisions for the company based on a … more

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