One of the most important legal benefits of forming a corporation or limited liability company (LLC) is to safeguard personal assets against the claims of creditors and lawsuits directed toward your business.
In determining whether an employer is vicariously liable for the actions of an employee, Maine courts will hold an employer liable only if its employee’s actions occurred within the scope of employment. Spencer v. V.I.P., Inc., 2006 ME 120, 910 A.2d 366.
Trust the man who has helped hundreds of southern Maine business owners choose the appropriate business structure for their business. Thoughtful advice, it’s what your friends and neighbors have come to expect from attorney Jeff Clark of Clark & Howell, LLC, located in York, Maine.
Choosing the appropriate business entity is equally important. There are many choices with different liability and tax impacts:
Attorney Clark will work with you and your tax professional to determine the best business entity. He will also help you define partnership agreements, cross-purchase agreements and help you
perform the “due-diligence" of buying, selling or starting a business.
As clerk of your corporation, we provide mandatory annual reports and filings with Maine’s Secretary of State on your behalf. It’s one more thing you can cross off your list.
Over the years Attorney Clark has helped numerous condominium associations, homeowner associations and road associations hold annual meetings and file appropriate reports with the Secretary of State. As consulting attorney he can help you draft thoughtful Bylaws and Rules as well as assist your in the operation of your organization when you encounter questions (e.g. who is liable for injuries on common areas?) or run into problems (e.g. homeowners who refuse to pay their dues).