Decline in New Business Formation Is Hurting the Job Market

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, March 31, 2011. Recently a branch of the Federal Reserve Bank issued a paper that showed a steep decline in entrepreneurship over the last several years. The Fed found that the number of businesses with employees went down dramatically. The number...

Carlyle Sets Up Joint Venture to Invest in Chinese Shipping

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, March 15, 2011. The Carlyle Group, the private equity giant, has just announced a five billion dollar joint venture that will buy shipping vessels and related assets in China. The other parties to the deal are Tiger Group Investments, Washington Family, the Seaspan Corporation and Seaspan executives Gerry Wang...

Merger Lawsuit Defendant Wants to Move Trial From California

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Saturday, March 5, 2011. In 2009, Ideation Acquisition entered into a merger agreement with SearchMedia Holdings Ltd. The agreement was worth more than $175 million. After the merger went through, SearchMedia reported that it would need to restate its 2007 and 2008 financial statements:...

Merger Talks Off Between Salon.com and Newser.com

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Thursday, March 3, 2011. Talks over a potential merger of online news and opinion pioneer Salon.com with a news aggregation site called Newser.com have foundered. Salon had let it be known in recent months that it was willing to become a target...

State-of-Incorporation Shopping Unpopular With Shareholders

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, March 1, 2011. A key issue in business formation and planning that goes beyond what form a business should take, is where a business will choose to incorporate. Delaware is a popular choice of state for incorporation. Delaware has a reputation for having favorable corporate...