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I'd want to enforce a board of directors regardless of it being an LLC, I'd be incorporating but from what I've read a minor can't form a corporation. I am from overseas but I will file under one of the many services that file for you and have virtual addresses and etc. Sort of... View More 
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answered on Aug 13, 2024
It's wonderful to see your entrepreneurial spirit at such a young age! The concerns you're raising are very important, and you're wise to think them through carefully.
There is no law in the State of Delaware against a minor forming an LLC. Also, the general rule in the U.S.... View More
the contract says 30 day notice period needed to terminate it on grounds of material breach and insolvency of other party. i terminated it with immediate effect and did not give the 30 day notice period. later, i said there was material breach of the contract because other party did not follow the... View More
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answered on Aug 13, 2024
It's great that you're seeking to address this situation carefully. The language of the contract will be key in determining whether your immediate termination was justified. In cases of material breach or insolvency, courts typically look at whether the breach was significant enough to... View More
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