There are many such instances. In some cases, the acquirer will not even buy the company unless the founder stays. Merely writing it into the paperwork does not mean that you will achieve your objectives. You need to have a detailed understanding with the acquirer. Just saying "running the company"...Read more »
I invested £196k into a business that I have set up in the USA. I have recently opened a US bank account for the business. All of the transactions were made from a UK account. I need to include the money spent on items as Capital of the company. How do I include this in my operating agreement as I... Read more »
I'll be using photos and audio clips from the internet. I don't want to go through the hassle of trying to get permission if I don't have to but I don't want to get sued. The app will be free and make money from ad revenue. I'm worried that using someones likeness makes them able to claim part... Read more »
If you choose the correct celebrity you can expect to be sued. California gives celebrities a "right of privacy." The law generally does not allow violation of rights just because the violator not want the "hassle" of obeying the rules.
I worked with a business as a consultant, so the applicant said it was fine for me to sign the lease on her behalf, since I was an authorized representative of her business. She wasn’t available to sign. She applied for the lease in her and her business’ name. Now she’s gone, closed down her... Read more »
I do not know what thoughts are in the leasing company's head. However, they might feel that you signed the contract so you are a party to it and you are liable. As a practical matter, it looks like you have been left holding the bag. You appear to be the only target that is available to them....Read more »
This sort of thing can lead to expensive consequences. Many questions need to be looked at. How did the employee get the data? Is the other company a competitor? What do you want to do with the data? The situation should be reviewed by an attorney in order to evaluate your options.
when i started my office, I used one of the employee of that offce to work for me, but we never had signed any full time or part time contract. she started charge me full time me as well. she is getting paid full time by other pediatirtion and although her focus is her, still keep charging me full... Read more »
It would be necessary to see any agreement you did or did not write. It would also be necessary to see her time sheets. Are you a pediatrician? Even if English is not their first language, people know how to spell their job titles.
I have some software concepts, and designs, which I am in the process of patenting/copyrighting. Need an agreement so I can share these ideas with others. How do I draft a non compete, non disclosure agreement. I am in California, and would need to discuss the concept with many individual spread... Read more »
Your question indicates that you may not be familiar with the intricacies of what you want to achieve. I have seen many agreements that have been cobbled together by inventors themselves. If the agreements protect the inventor's interest, it is only by accident. Non-competition in California is a...Read more »
is it better to have both names in company or just 1 of us? Our company would be producing shoes using a third party outside USA and selling them outside USA. Do we (or I) need sellers certificate? If only I start the company should we do LLC, C or S corp? would all the business income be taxed... Read more »
Company claims over 1 billion dollars in sales last year. Many artists have had their work taken from the internet and used without permission or compensation. Upon being informed, many are opting not to pursue it because they are small artists or even students without means to hire counsel.... Read more »
This is America. People can sue for pretty much anything. Do you feel you would accomplish anything by suing? It could be difficult to prove any damages. Would you consider asking them to give you a free visit to make up for your trouble?
California does not view non-compete clauses favorably. However, the California Supreme Court will enforce non-competition where the former employee is using proprietary information of the employer to compete. Customer lists can be proprietary information. It is also possible that taking a customer...Read more »
You should probably decide now. However, it may be prudent to actually form the business entity later. Issues of liability and financing affect when you may want to form the entity, Do you actually know that you want an LLP instead of an LLC, S-Corporation or C-Corporation? This is not a...Read more »
The FDA has guidelines which apply to homemade cosmetics. Coloring compounds must be used that are approved by FDA. For online and other types of sales, labeling must be used that complies with the statute. It would be prudent to consult counsel. Trademark and other issues can also arise....Read more »
How much money are you investing in the studio? How much money would it cost to defend if Coca Cola started a dispute? How much more would it cost if they actually sued you? How many business days would be totally lost if you had to participate in the dispute? How much money will you save if you...Read more »
You need to ask the company. This situation falls in the category of conflict of interest. Companies have, or should have, their own conflict of interest policies as to what is allowed. Sometimes the company's customer, e.g., the federal government, determines the policy. Compare the situation to...Read more »
It is possible that a sub-sequence could be considered by itself. A claim on this sub-sequence should be non-obvious in view of the long sequence and be useful by itself. The question only provides enough information to say that it appears that consulting IP counsel would be prudent.
I lent him $6000 on July 3 and he signed a contract stating he would pay me $12000 July 22, which is the date I would meet him in Vegas so he can pay me. He never paid me. On the contract it states that there would be a 15% late fee. The problem is that we agreed on 15% late fee for every day that... Read more »
Questions like this cannot be answered without reading the contract. It is likely that a contract would say that the tape recording does not matter. The contract might actually have a clause saying where suit must be brought. Your payback and late fees are not the same as most notes in California....Read more »
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