Whois & Analysis for leclairryan.com

Corporate law (also "company" or "corporations" law) is the practice or study of how shareholders, directors, employees, creditors, and other stakeholders such as consumers, the community, and the environment interact with one another.

Corporate law is a part of a broader companies law (or law of business associations).

Other types of business associations can include partnerships (in the UK governed by the Partnership Act 1890), or trusts (like a pension fund), or companies limited by guarantee (like some community organizations or charities).

Under corporate law, corporations of all sizes have separate legal personality, with limited or unlimited liability for its shareholders.

Shareholders control the company through a board of directors which, in turn, typically delegates control of the corporation's day-to-day operations to a full-time executive.

Corporate law deals with firms that are incorporated or registered under the corporate or company law of a sovereign state or their subnational states.

The four defining characteristics of the modern corporation are:

A lawsuit (or suit in law) is "a vernacular term for a suit, action, or cause instituted or depending between two private persons in the courts of law." The term refers to any proceeding by a party or parties against another in a court of law.

A counsel or a counsellor at law is a person who gives advice and deals with various issues, particularly in legal matters.

It is a title often used interchangeably with the title of lawyer.

In civil proceedings and criminal prosecutions under the common law, a defendant may raise a defence (or defense) in an attempt to avoid criminal or civil liability.

Besides contesting the accuracy of any allegation made against him or her in a criminal or civil proceeding, a defendant may also make allegations against the prosecutor or plaintiff or raise a defence, arguing that, even if the allegations against the defendant are true, the defendant is nevertheless not liable.

A law firm is a business entity formed by one or more lawyers to engage in the practice of law.

The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought.