Shreveport Non-Profit Attorneys & Lawyers

Key Takeaways

• Tag along rights, also known as co-sale rights, protect minority shareholders by allowing them to sell their shares on the same terms as majority shareholders.
• They are commonly included in shareholder or stockholder agreements to ensure fairness during company sales or ownership changes.
• These rights encourage investment by offering minority investors exit opportunities if majority holders sell their stakes.
• Properly drafted clauses should define triggering events, notice requirements, and proportional sale rights to avoid disputes.
• Balancing tag along and drag along rights is essential to prevent conflicts between majority control and minority protectio

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Key Takeaways

• New business owners need a range of internal, external, and compliance-related business documents to operate legally and efficiently.
• Organizational documents like business plans, mission statements, and corporate resolutions help define and support a company’s operations.
• External communications such as business letters, memos, and proposals establish credibility and maintain professionalism.
• Employee and HR-related documentation—including handbooks, evaluations, and onboarding packets—are vital for internal management.
• Digital-era essentials like email policies, website disclaimers, and online agreements enhance customer transparency and compliance.

One of the most difficult parts of starting a business, and one of the least intuitive, is the paperwork piece.

To help alleviate some of that mystery, we've put together a list of some of the most important business documents that will give you a quick

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Key Takeaways

• The Family and Medical Leave Act (FMLA) entitles eligible employees to up to 12 weeks of unpaid, job-protected leave for qualifying family or medical reasons.
• FMLA covers situations such as childbirth, adoption, foster care placement, serious health conditions, and certain military-related events.
• Eligibility depends on the employer size (50+ employees), employee tenure (12 months), and hours worked (1,250 in the prior year).
• Employees must provide advance notice and documentation for foreseeable leaves, and employers must maintain health benefits during leave.
• States may have stricter or paid-leave versions of FMLA, offering greater protection to workers

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Key Takeaways:

• Tortious interference occurs when a third party intentionally disrupts a contractual or business relationship, leading to economic harm.
• There are two types: tortious interference with a contract and tortious interference with a business relationship.
• Essential elements of a claim include a valid contract or relationship, knowledge by the defendant, intent to interfere, actual interference, inappropriate conduct, and damages.
• Defenses to tortious interferen

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