The defendants contended that Carothers was merely a nominal owner of plaintiff, and that the
professional corporation was actually owned and controlled by Sher and Vayman, who were not physicians.
Scotiabank acted as the financial advisor and Borden Ladner Gervais LLP and Holden & Moorhouse
Professional Corporation acted as legal advisors to Concours.
Plaintiff Stephen Punzak was an anesthesiologist in an 83-person
professional corporation, defendant Anesthesia Associates of Massachusetts, P.C., in which each doctor was an equal shareholder and there were no non-physician shareholders.
In the classic scenario, two or more doctors, dentists or lawyers each own 100 percent of his or her own
professional corporation which each sponsors a retirement plan covering only the professional in question.
New York, NY, August 17, 2016 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Stephanie Perkins, President, Perkins Law Group, A
Professional Corporation, will speak at The Knowledge Group's webcast entitled: "Best Strategies in Effectively Drafting Employee Privacy Policies Live Webcast." This event is scheduled for September 20, 2016 from 3:00 PM - 5:00 PM (ET).
Law Offices of Uri Litvak, A
Professional CorporationThe New Hampshire Benefit Corporation Act provides that any New Hampshire business or
professional corporation may elect to be treated as a benefit corporation under the art by designating in its articles of incorporation that it is a benefit corporation.
Unlike a regular corporation, a
professional corporation does not limit your liability except for non-professional matters.
Joseph Busby Jr., MD, of Winnsboro, is a physician and president of Jay Busby, MD--A
Professional Corporation. Dr.
His
professional corporation is of counsel to the Firm of Fried, Frank, Harris, Shriver & Jacobson LLP.