A couple of weeks ago we looked at capitalization of your company through the offer and issuance of stock, and how state and federal securities laws can impact such a plan. Having discussed the regulatory impact of equity interests, let’s shift gears and look at the tax impact of using equity as an employee benefit. […]
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Non-Competes Are Unenforceable? Really?
I hear it all the time from clients, and even other lawyers: “Non-competes are not enforceable in Alabama. They’re worthless.” Not so! It is true that by statute and public policy non-competes (non-competition agreements) are disfavored. This policy hearkens back to English common law, which declared these kinds of agreements void as a restraint on […]
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