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answered on Mar 25, 2021
As a general rule, you can place most contingencies as a pre-condition to payment ... so long as it is reasonable and objective in nature. The issues for you will be "acting in good faith" and "with fiduciary care" in developing that "certain amount of profit". You MAY... View More 
Hello. Thank you for reviewing my question. I am under contract (Services Agreement) that pays a fixed amount per month (regardless of the number of working days). The contract is terminating mid-month and the contract provider is requesting that I submit a final invoice for only the working days.... View More
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answered on Mar 12, 2021
First, we would need to review the written agreement ... then to read your current relevant facts ... then schedule a free initial video call discussion on your options and remedies ... let us know your thoughts ... thank you.
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answered on Mar 8, 2021
First ... we would need to review the terms and conditions of the partnership contract ... along with a review of the relevant facts ... I would suggest that you take advantage of a "free initial consultation" with at least two attorneys of your choice... and then we can proceed from there.
I want to become a first time business owner and was wondering which would suite me the best in terms of taxes, protection, and future costs? I am planning to elect to file taxes under S-Corp subsection for either of these business entities that I am willing to go with.
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answered on Feb 22, 2021
The answer to your question should be developed in an initial free consultation by video call or telephone call. The short answer is ... it depends" ... upon your preferred management structure, the operations plan, your succession plan ... and how well you get along with others ...
I receive an email today from SBA.gov and they asked me for the following information.
Why would they ask me for this information now when I already got approved?
They are also asking me "A statement that the LLC held a meeting and specify the date" I don't hold... View More
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answered on Feb 19, 2021
The short answer is that to qualify for the EIDL money, you would need to have had a meeting to authorize the LLC taking on that financial responsibility.
I would recommend that we schedule a free initial consultation to discuss additional requisite facts … and how to best move forward.
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answered on Nov 29, 2020
Yes ... and as you might imagine, the simplicity or complexity ... and the actual budget will depend upon a variety of factors. Our basic LLC formation package is about $500 ...
I’m a nurse anesthetist with a professional corporation
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answered on Nov 3, 2020
As you might imagine, the process starts with an initial free video call consultation ... to discuss what you have in mind ... the proposed ownership/management structure ... along with the intended services to be delivered ... either directly to patients and/or through other service providers.... View More
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answered on Oct 28, 2020
Well, as you might imagine, there are a number of legal and business issues in dealing with suppliers or customers in another country ... and China poses a few unique issues. So, the first step is to schedule a free initial video call or telephone call with at least two attorneys of your choice to... View More
Ideally I do not want to purchase the business name etc I will change it to a smog check station. Also if you can go over the lease it would be great.
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answered on Oct 25, 2020
Yes, what you are requesting is possible ... and, as you might imagine, there are a number of other issues to consider. I would recommend that you schedule a few initial free consultations, by video call or telephone call, with two or three different attorneys ... Shawn Jackson - Business... View More
I signed my commercial lease to open a boutique fitness studio in March 2020, right before the locked down that no one could have predicted at the time I signed my lease. Due to a number of factors I still don’t have possession of the place, haven’t started buildout and my commencement period... View More
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answered on Oct 18, 2020
Understood ... so, your first step is to engage an attorney of your choice to schedule a free initial video call consultation ... which starts with you emailing us a copy of the signed commercial lease ... you have several options depending upon the signed lease and the surrounding facts and... View More
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answered on Sep 27, 2020
The basic requirements will depend upon a variety of facts and goals ... I would recommend that we schedule a video call for our initial free consultation to discuss.... Shawn Jackson - Business Development Attorney.
A friend convinced me that I needed an LLC to sell homemade masks to friends and family or on Etsy. He says there will be tons of lawsuits against mask makers if people get covid. Do you think this is a serious risk to my little homemade business, even if I have a disclaimer saying these masks are... View More
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answered on Aug 19, 2020
Well ... as a general rule, you will want three "hurdles" between you and the litigation attorneys. [1] a legal entity like a corporation or LLC ... [2] good insurance and ... [3] good management/disclosure protocols. Most of the time, a litigation attorney can get over two of the... View More
I’m still expected to pay the lease every mo (and have paid) It has been months, what can i do? This doesn’t include a large amount of rodent droppings and bird droppings left behind!
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answered on Jul 24, 2020
Well, as you might imagine... as a paying commercial tenant, you have the right to fully occupy the premises on the assumption that the lease agreement grants you the defined use of the space. The decision will boil down to what in written in the commercial lease... you will want to schedule a... View More
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answered on Jul 1, 2020
That depends … upon what is the "consideration" supporting the "cash transfer" … along with the underlying agreement between the parties... so, more information is needed … and/or request an initial free consultation by video call or telephone call with the attorney of your choice.
We own a commercial property, it’s 50 percent mine/my wife and 50 percent my brothers / his wife.
My brother is getting divorced and now I am wondering how this will impact me. I have enough liquidity to buy him and his wife out but what if they don’t want to sell?
What are my... View More
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answered on May 3, 2020
It depends on how the owners hold title … whether as within an LLC or as individual property owners. The process for resolution in these types of situations is mediation, since the "family" will continue regardless of the divorce … and it is often better, if possible, to engage a... View More
I'm a limited partner in a partnership. The managing partners who are also majority shareholders are amending the operating agreement which includes clause that changes how limited partner can exit. I want to understand my position. Can the amendment get approved if I vote no but the majority... View More
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answered on Apr 3, 2020
Well, the first item on our review list would be … what does the current LLC Operating Agreement state regarding such "votes" and "changes" to the current agreement. Often times, such changes require a unanimous vote … and even in the absence of a requirement of a unanimous... View More
Question breakdown:
Company A (large limo company)
Company B (small limo company hired by A when they need help)
Company A pays B every 2 weeks with a net 45.
Company A stops paying B for jobs done between 02/1/20-02/16/20 about 10k. With A giving any warning and... View More
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answered on Mar 27, 2020
The key to resolution in these types of situations is the initial "mitigation" protocols … in which company A would pay company B … some level of the amount owed. Second issue … is there a written agreement covering how company B is to be paid?
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answered on Mar 11, 2020
As you might imagine, the answer is "it depends". The first item on your "to do" list is to email the attorney of your choice and schedule the free initial video call or telephone call. We would also need to see any documents that you signed and any emails or texts that you... View More
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answered on Mar 5, 2020
It is up to the individual attorney as to their preferences … most do not.
Buyer came and purchased a puppy from me with a check. after a Day he informed me that the puppy was ill with kennel cough and stopped payment on the check. the buyer has not provided any information from a vet showing that the puppy is ill and refuses to bring the puppy back for a refund or to... View More
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answered on Feb 4, 2020
On the assumption that the puppy is valued at less than $10,000 … first, schedule an initial free consultation with an attorney by video call or telephone call … then, you will want to file a small claims court action as soon as possible.
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