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one partner has put in 80k and the other has put in 30k but now wants to dissolve the company and other partner does not want to
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answered on Oct 15, 2024
As you might imagine, a few initial questions for you: [1] is there a signed shareholder's agreement for the corporation ... [2] what are the written documents that support the "50%" ownership and how does that ownership reflect the 80k - 30 k split ... and [3] do you have a signed... View More 
My small company is engaged in online advertising
My company provided online advertising services to the buyer from November 2023 to February 2024
For November 2023 the client paid for the services
For December - February partially
I don't have a written... View More
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answered on May 21, 2024
Well, it sounds like you have some "writings" and "communications" that would support some, most or all of your "services provided" as per your invoices. Verbal Agreements are in "most cases" just as enforceable as written agreements ... it is more a matter... View More
I (a wholesaler) want to partner up with a real estate agent to help me find properties to sell to my investors (who are cash buyers). I contacted an agent who said to send over a contract between our partnership to ensure terms and agreements of work and profit. Would I use a buyer's... View More
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answered on Apr 3, 2024
You have several choices ... from a straightforward partnership agreement [not recommended] ... to a joint venture agreement with good insurance ... or form an LLC with a carefully drafted LLC Operating Agreement. In these types of ventures "People, Money & Real Estate", the clarity... View More
We are General Contractor going into business starting a new company we will own 50% and adding it to contractors license as a dba
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answered on Nov 19, 2024
The short answer to your "automatically become incorporated" is "no". The longer answer is a combination of ownership, your management agreement, your written agreement with homeowners for your "Home Improvement Contracts" ... and the CSLB issues ... you will want to... View More
Contracts refer to Purchase and Sale agreement and Assignment of Contract
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answered on Sep 11, 2024
The short answer is ... "it depends" ... you would need AUTHORITY from the LLC, usually within the LLC Operating Agreement and/or approved resolutions ... along with NOTICE to the other LLC members and the other contracting parties.
I have a property which I need to be managed by a property management organization that I want the contracts to be reviewed by a lawyer. I can provide the documents. I would like to know more about the review process by a lawyer and the cost of it.
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answered on Apr 17, 2024
Good morning ... good answer by James Arrasmith ... as you might imagine, a review process would require that you first speak to at least two or three different attorneys to get an idea of both their legal background and their experience and expertise ... along with a review of their background as... View More
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answered on Mar 30, 2024
As you might imagine, the first item on our list would be to review your agreement with them ... then review the communications between the parties to see if those writings affect the analysis ... then explore if there are any complaints from this customer that affect them paying you ... and then... View More
The time frame to cancel contract was five days from date of signature. We are now at a month later but nothing has been started.
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answered on Dec 19, 2023
As you might imagine, the answer depends on the classification of the agreement and the nature of services contemplated to be rendered ... so, I would recommend that you schedule at least two FREE INITIAL CONSULTATIONS with attorneys of your choice ... by video call.
Hi, in California. I plan on opening an LLC for affiliate marketing purposes.
1. Does my LLC name need to match my website names that are for affiliate marketing purposes? (two different websites for two different affiliate marketing campaigns, clothing and technology).
2. Do I have... View More
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answered on Oct 24, 2023
Well, you have about five strands of law that interact based upon the facts/scenarios you have presented ... and a conversation ... within a free initial video call with one or two business development attorneys ... would be your next best step ... the answer to your question will depend upon... View More
The LLC I will be a part of soon has 5 total partners. I’m a very minority partner and have no real concerns about anything but want to be diligent and have an attorney read through the contract for me.
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answered on Aug 29, 2023
Well, first question ... what state is the LLC Operating ... is the LLC a "member managed LLC" or a "Member Managed LLC" ... third, will you be a majority holder of LLC interests ... or a manager of the LLC ... Always best to schedule a free initial consultation with at least... View More
I'm a part owner of a LLC and I own a percentage of the company. When we started this company, we had a meeting where we signed an agreement. In this agreement, it was stated ("expectation and obligations") that 40 hours of work is expected per percentage point of ownerships. So the... View More
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answered on Aug 18, 2023
As you might imagine, it depends upon both what is written in the LLC Operating Agreement and how it is written. Various provisions such as the one you are sharing ... are enforceable in certain circumstances ... so, what I would suggest is that you share the signed agreement with an attorney and... View More
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answered on Apr 25, 2023
Well, certainly, the intention of the parties needs to be clear ... and if an "acronym" or abbreviation is not cogent or comprehensible ... then the term may cause confusion in the minds of the parties. As a general rule, the court prefers that the drafting of the document satisfy the... View More
During and ever since the completion of pool construction I have encountered many problems. In less than a month I started encountering filter problems. About 6months in the plaster started cracking, the filter has constantly been going out and needing to be repaired. Also the filter and pump are... View More
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answered on Mar 10, 2023
Well, the first task is to review the construction contract ... and then to review any images or communications of the work-in-progress ... and then to determine the current state of the pool and adjacent area ... so, you will want to schedule a free initial video call with at least two attorneys... View More
I will not be selling products. I will offer a service which will pay me a finders fee as compensation. I will be conducting the business from home/online. No employees. Do I need to register a DBA, get a license, LLC? Im in California
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answered on Feb 13, 2023
As is often the case, the answer is "it depends" ... upon [1] your exposure to liability ... [2] your management structure ... and the [3] the scope of your services ... the next step would be for you to schedule at least two free initial consultations by video call or telephone call.
We sold the business and we have a hard time on getting access to the accounting data for the past years, when we were in charge of the business. Please let me know our rights in this case, as accounting was done through QuickBooks online and new owners took over the existing data.
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answered on Feb 8, 2023
As a general rule, there are two "concepts" to review .. one is to review the actual written agreement ... and the other is called the "origin of the right" rule, which in this case hints that each party has a "right" to information as it "originated" under... View More
We are an IT consulting services company and need to work with other service providers so we can use their resources (people) on our projects to serve our clients
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answered on Jan 30, 2023
Your next steps would be to select two or three of the attorneys listed and request a free initial consultation by video call ... that way, you will have a better idea of your options and development strategies.
I need to form an LLC to buy and operate a rental unit. Three members are brining 1/3 investment each. Can there a buy-out clause such that one member can be bought out a year or later when two other members can bring the capital equal to the initial investment of third member plus 6% annual... View More
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answered on Jan 1, 2023
yes, but with several issues ... management issues, capitalization protocols, any improvements ... and of course, valuation formula ... always best to schedule a few free consultation video calls with at least two law firms to discuss the options and strategies.
He paid me $3,000. Balance $1,500.
Plus he owes me $3,850 for other painting inside the house. I am not license. He harrassess me every day for two months. He wants all his money. What can I do.
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answered on Sep 20, 2022
File a small claims court action right away ... if you need any guidance, feel free to reach out to a few attorneys for that free initial consultation ...
On the other hand, would you just invoice a customer and give them the receipts to the penny for reimbursement?
To be ethnical (if able to charge the fee) would a 1099 biz- would I just total an amount including the surcharge and ask for reimburse i.e. Portland office visit $1,500 OR would... View More
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answered on Sep 6, 2022
A couple of initial questions ... [1] how have you addressed this question in your written agreement for services? [2] How have you thought about your customer relationship services in noting exactly what you do and the associated charges? Feel free to reach out to several attorneys to schedule... View More
I have been operating a small business as a sole proprietor and I'm at the point of needing to form an S-corp. My chosen name is too similar to another name, so the company helping me to complete the filing has asked me to find an alternative. Should I go with something COMPLETELY different,... View More
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answered on Aug 25, 2022
As you might imagine, the answer is "it depends" ... the first question is ... have you engaged or requested the "name research" and/or achieved the "name reservation" on your first choice for the corporation's name? The second question is how will your name... View More
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