Companies – How Their Legal Existence Affects Society

Companies – How Their Legal Existence Affects Society

ByROBERT ALEX FLEMING

Companies are legally created entities treated as a natural person with separate personality solely responsible for its liabilities independent of their creators and owners.[1] As an individual the company can by itself own property, hire workers even if there is only one being the owner,[2] sue, and be sued and conduct its business continuously and indefinitely despite changes in share ownership.  Personal liability of owners is limited to the portion invested while holding a proportionate…

Uniones y Sindicatos en Puerto Rico – Peticiones de elecciones 2022-2023

Uniones y Sindicatos en Puerto Rico – Peticiones de elecciones 2022-2023

ByROBERT ALEX FLEMING

Muchas empresas no le dan mente a la posibilidad que su fuerza laboral se organice con una unión o sindicato.  Algunos consideran que eso es asunto que manejan grandes compañías o aquellas con cientos de empleados.  Todo lo contrario.  Empleados de empresas pequeñas  con un grupo de trabajo limitado pueden organizarse colectivamente para mejorar sus salarios y condiciones de empleo por si o mediante una unión o sindicato.  Aquí les traigo una lista del 2022…

Enmiendas al nombre corporativo no cambia nada

ByROBERT ALEX FLEMING

¿Puede una enmienda al certificado de incorporación para cambiar el nombre de una entidad jurídica creada bajo la Ley de Corporaciones de Puerto Rico 2009-164 modificar o extinguir la capacidad jurídica del ente corporativo y, por tanto, su legitimación activa para demandar y reclamar el pago de una deuda líquida, vencida y exigible, y si ello afecta  los contratos otorgados bajo su nombre de origen o formación?   La obvia respuesta a esta larga pregunta  es…

Franchises in Puerto Rico: Legal Considerations of Franchising a Business
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Franchises in Puerto Rico: Legal Considerations of Franchising a Business

ByROBERT ALEX FLEMING

Converting your business or business idea into a franchise in Puerto Rico by way of developing a franchising model is a favored strategy for businesses aiming to extend their reach and enhance their profitability, particularly in vibrant markets such as Puerto Rico. As a franchise attorney or franchise lawyer, navigating this landscape, requires deep knowledge of franchise law to ensure compliance and strategic growth because franchising in Puerto Rico offers productive ground for franchises and…

How Corporate Governance Affect Your Investments

How Corporate Governance Affect Your Investments

ByROBERT ALEX FLEMING

An inherent dichotomy exists between shareholders, board members, and officers. Although they are meant to work together, their individual goals and objectives often cause friction between them. The  system by which companies are directed and controlled is commonly known as corporate governance. If you own a small family business, this may not be as much of an issue. Likely, you are the shareholder, director, and officer, all hidden within the company’s distinct identity and limited…