You have to look at the bylaws to see how and when directors can be added to the corporation. If the bylaws are silent on that matter, it may require a majority vote of shares held by the shareholders to increase the number of directors.
Do the bylaws all for annual appointment of directors...Read more »
Yes, this is commonly done in many businesses including web-development, construction, various service businesses, and software development. The only exception would be if you sign a contract with the customer stating you will do all the work or that you represent you "will not"...Read more »
Respected Lawyers, My query is that can a company file a case against me after quitting and then starting my own company in the same field or domain and then contacting a person inside that company and giving them some freelancing work to do. The Board of Directors were threatening us stating that... Read more »
This all depends on the terms and conditions of the employment agreement or independent contractor agreement you signed with the company. Many employment agreements or independent contractor agreements contain "non-solicitation clauses" that would restrict you from soliciting employees of...Read more »
Non-Disparagement Agreements are being quite common. They are enforceable, however, if no liquidated damages are stated in the agreement it might be quite difficult for the company to prove actual damages if you breach the agreement and say something derrogatory about the company, its officers,...Read more »
They dont care what card you use, they only go cheaper if it’s cash. Where do I go to dispute these charges. It’s not fair to the consumer that they pass their charges onto me when making payment. I dont want to carry 500-1000 dollars to avoid paying 3%
Yes, unfortuantely it is legal in Texas and almost all states. The company does have to post a notice of what they are charging you and the bill should show the charge separately, They can charge up to 3.99%. If you are a very good customer or making a large purchase, ask the store owner or manager...Read more »
Can I change the name of my current LLC and later reopen a new LLC with my current name? Or would the name be unavailable? Example: changing my current LLC named "Blue" (that sells clothes) into a new name "red" (and be a completely different business model). In a couple years... Read more »
The simple answer is "Yes", as long as that name is still available and no one else has taken it. Once you change the name from Red to Blue, the name Red will be available and someone else might take it. Some states allow you to reserve a company name for a fee. For instance, Delaware...Read more »
This is what is commonnly referred to as a hold harmless and indemnity clause and can be found in most business contracts as well as sales of LLCs, corporations, businesses, and even asset purchase agreements. I also include this type of clause in consulting agreements and independent contractor...Read more »
Many "publishers" offer to complete corporate registration forms for your new LLC or Corp with whichever state you choose and some offer registered agent service. Some offer an additional step by offering a nominee if you need privacy. Their rates are often double even triple what a... Read more »
Most corporate attorneys can handle this. They may also be found under categories such as "corporate governance" corporate transaction" or "corporate formations" Use Justia and look under those categories.
If the attorney will act as a nominee, there may be an...Read more »
According to Connecticut General Statutes Sec. 33-946, shareholders of a Connecticut corporation are entitled to inspect the records of the company, including Board of Directors meeting minutes. If the company is uncooperative with a verbal request, then according to Connecticut State Business...Read more »
In the movie Young Guns, there is a character named Dirty Steve Steven's. I am looking into opening my own homemade soap business and calling it Dirty Steve's Homemade Soap. I want to use a chicken as the mascot but want it to be dressed like the character. Is this legal?
It really depends on whether or not the name is copyrighted. Even if it is not, the production company or studio that has the rights to the movie, and that is protected by copyright. They can decide to sue you claiming that since the movie is copyrighted, so is the name of the...Read more »
This loan is likely barred by the statute of limitations for fraud which is three years. Also the statute of limitations in Connecticut for debt collection is 6 years. HOWEVER, DO NOT ACKNOWLEDGE TEH DEBT OR MAKE A PAYMENT ON THE DEBT, because that will start the statute of limitations all over...Read more »
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