Sellers of Interests in Oil, Gas and Mineral Rights Are Subject to Securities Laws

Posted on Aug 31, 2011

Most sophisticated business people know that, for a corporation to sell shares of its stock on a public exchange like NASDAQ or the New York Stock Exchange, the corporation must first register those shares of stock with the federal Securities and Exchange Commission. This is a requirement of federal law, enacted in response to the […]

Buyer Beware of Shell Companies and Aged Shelf Corporations

Posted on Aug 16, 2011

We recently have become aware of companies aggressively selling so-called “shell companies” or “aged shelf corporations” on the Internet and want to warn our clients and referral sources to be aware of our concerns about using them to form a business. An aged entity may come with existing and contingent liabilities with respect to the […]