Our firm began in 1974 when our Founding Attorney, David Williams, opened his first office. Our reputation in Wilmington, Delaware has been built around our practice of business law along with estate and trust law. Our business law services are expansive covering Delaware opinion letters, books, records, fiduciary matters, contracts and many more highly sought after business needs.
Our decades of experience in estate and trust law allows us to confidently represent our clients in matters such as wills, trusts, Delaware asset protection trusts, documents and funding along with general administration of estates and trusts. Through our affiliate company, IncNow, we assist in Delaware Entity formation for small and medium sized businesses.
Our decades of experience in estate and trust law allows us to confidently represent our clients in matters such as wills, trusts, Delaware asset protection trusts, documents and funding along with general administration of estates and trusts. Through our affiliate company, IncNow, we assist in Delaware Entity formation for small and medium sized businesses.
Services
Business
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The fiduciary duty is the highest standard of care at courts of equity or law. And interestingly, with roots in the 16th century, the word "fiduciary" comes from the Latin fiducia meaning "trust." Through our business litigation practice, national businesses have worked with us directly or through their local attorneys from other states who want to practice before Delaware courts.
Books and Records
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As a stockholder in a Delaware corporation or a member in a Delaware LLC, you have statutory rights to know what is going on financially with respect to the company in which you own an interest. For corporations, this right is contained in Section 220 of the Delaware General Corporation Law. For LLCs, this right is contained in Section 18-305 of the Delaware LLC Act, which can be expanded or reduced by agreement.
Breach of Contract
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When businesses anywhere in the world enter into legally binding agreements, they often opt into Delaware law by including choice of law and choice of forum provisions in their contracts. This subjects the parties to the personal jurisdiction of Delaware. Each party is expected to uphold its end of the agreement, and in exchange, each party has the right to expect the other party to do the same.
Breach of Fiduciary Duty
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If you suspect that an agent has engaged in self-dealing with a business you own or assets held for your benefit, The Williams Law Firm can assist you with the necessary litigation to help you recover damages and remove the agent and correct the wrong. Generally, an agent with a fiduciary duty must be entirely fair to your interests and put your interests first.
Business Divorce
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One major factor that causes many businesses to fail, whether within a few years or as late as subsequent generations, is business divorce. Major disagreements are nearly inevitable for a variety of reasons. It is not usually not a question of whether business owners will separate, just a question of when business owners go in different directions.
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