Get free answers to your Business Law legal questions from lawyers in your area.
I own two rentals through my sole proprietor LLC. Can I loan money to my LLC to buy a 3rd rental and record a lien against the properties? Properties are currently free and clear. Would have promisary note and record liens publicly.
answered on Jan 2, 2023
Certainly you can do that, but the question is whether it would succeed in giving you priority over any unsecured creditors the LLC might have. Assuming there's nothing nefarious or fraudulent involved (such as trying to hinder other creditors, most likely yours but possibly the LLCs, from... View More
answered on Nov 26, 2022
I cannot answer your question off the top of my head, but the two areas of possible concern:
(1) Are Indiana massage therapists, in general, subject to laws that would prohibit you from practicing in your home? Sources of possible restrictions include the provisions of the Indiana Code... View More
Saying if using for commercial purposes you must buy license for use while it’s on a free platform and can be downloaded for free, my question is do i actually have to since this is a free font on a free platform or will i still be required to buy the license?
answered on Apr 16, 2022
The fact that a font is available for free online for some purposes does not mean that you can download and use it for free for other purposes. Fonts are considered to be a type of software. Just like other types of software, the person who programmed it can distribute it with license terms,... View More
I am the sole member in my LLC, and am planning on adding one or two more members in the near future. There is no operating agreement therefor I am going off of Indianapolis law. It says it needs to be in writing, do I need to dissolve the LLC and form it with the new partners or can I sign... View More
answered on Mar 30, 2022
If your LLC is currently taxed as a disregarded entity (i.e., like a sole proprietorship so that you report all the tax items on your Form 1040 instead of filing a tax return for the LLC), and you add members, you will need a new EIN. The LLC will then be taxed either as a partnership (the default... View More
A private company financed me to purchase a farm. They put a high interest rate on it because they put up all the money and took all the risk. But the egg company I'm contracted with gave them a written guarantee that they would pay the mortgage no mater if my farm was making enough money to... View More
answered on Mar 27, 2022
There are a few things that jump out at me from your question. The first is that you ask two things. One question is "can a seller put a high interest rate on a land contract" and the other is "is that fair...?" Those are two different questions, and the answer to one might be... View More
answered on Mar 10, 2022
Not necessarily, but it is an area of concern. It creates a conflict of interest on the board of directors that must be handled appropriately. The conflict needs to be disclosed to the rest of the board, and the arrangement needs to be approved by the remaining disinterested directors or by a... View More
Searching old Indiana Code and can't find anything. Example - IC 28-13-10-1 references the above. IC 28-7-1-16(d) and IC 28-13-10-1(b) are similar except the latter states "Unless the articles of incorporation or bylaws provide otherwise...." I need to find which IC controls, if... View More
answered on Mar 8, 2022
What does that mean? Once a bill is passesd by the General Assembly, it is called a Public Law and assigned a number. P.L. 14-1992 Sec. 163 refers to Section 163 of Public Law 14 signed by the Governor in 1992, but that's about all you can tell from the number. Public Laws are difficult to... View More
It will be sourced through print on demand, so I will not personally be fulfilling the orders, except at the occasional booth set up at a local fair/farmers market. The sales goal is greater than the threshold for collecting tax. It is a sole proprietorship. A trademark application will be... View More
answered on Feb 2, 2022
Kudos for thinking about sales tax.
The business (whether a sole proprietor, LLC, corporation, however the business is organized and operated) needs to obtain a Registered Retail Merchant's Certificate to collect and remit sales tax. You will first need a tax ID for the business. If... View More
answered on Jan 16, 2022
A single member LLC is dissolved unless, within 90 days of the member's death, the deceased member's personal representative takes action to designate at least one new member. If an attorney was hired to handle the probate estate, talk to that attorney about it, or contact a lawyer... View More
I’m a freshman in high school
answered on Oct 29, 2021
A degree in law is known as a JD degree (Juris Doctor degree). In order to get a JD degree, you need to go to law school. First, you need to complete a bachelors degree, which can be in just about any area of study. Common areas of study are philosophy, political science, economics, history,... View More
The rv and then the clients didn't like the rv outcome told me to remove all that was done and now they say I can have criminal charges how so?They didn't like the outcome and said remove.I spent all the money given on this wrap to now I feel I need to file bankruptcy.I have no money to... View More
answered on Sep 18, 2021
There is no criminal conduct in what you described. Cease all communications with them. There is no money to refund.
Can I say Mary Poppings. Where everything is supercalifragilisticexpialidocious.
answered on Jan 28, 2021
You can probably say supercalifragilisticexpialidocious - it does not appear to be registered to anyone. You probably could even register it.
"Mary Poppings" is more problematic - Disney has the "Mary Poppins" mark registered for some goods and services, and they... View More
The website I would be buying is the same words just moved around. And the merchandise would potentially be clothing designed to look similar to the original brand’s clothing but not the same. Or would it be legal to offer this new and similar domain to the owner of the original for a price?
answered on Jan 8, 2021
don't do it
too close for comfort
you can be sued
consult with an attorney
We wanted to hand out gift baskets to our neighbor offices and were not sure if it was copyright infringement ?
answered on Oct 19, 2020
You're correct that this is a business law matter, but your post remains open for four weeks. There's no guarantee all posts are picked up, but you might have better chances of a response if you reposted and added Copyright and Trademark as categories. Good luck
Tim Akpinar
Last year my husband signed a 2 year painting contract with a possible 2 more years of work with a retirement facility. According to my husband in the contract it states if they choose to let him go they need to give him 3 months notice. As of now we can't find the contract, but he believes... View More
answered on Sep 2, 2020
An Indiana attorney could advise best, but your question remains open for two weeks. Anyone can bring a lawsuit. But it would be useful to have the contract beforehand. A reputable attorney would want to see the contract to determine if there was a breach, and to also make certain there... View More
answered on Sep 5, 2020
An Indiana attorney could advise best, but your question remains open for four weeks. In terms of hours, COVID-19 has resulted in many entities having greater leeway in reducing hours or effecting closures at their discretion. In terms of serving some entities and excluding others, that could... View More
We're making a show, and for the show we need art, we have a very talented artist that wants to help us but the problem is they are underage. We're wondering is it possible to use the art from the minor for commercial use if we bought it as a commission? If not, would we have to end up... View More
answered on May 17, 2020
When you say "use" the art, what do you mean? You are able to resell a painting, like you could resell a book. However, buying the item does not give you rights in the copyright associated with the work.
Because a minor is involved, you need to tread carefully. Minors are not... View More
Of childhood trauma she says I cannot refuse her service is this true when in Indiana you are required to wear a mask in public and in businesses
answered on May 4, 2020
I don’t believe any small private business is subject to civil rights liability under ADA. Call Office of Civil Rights to confirm.
I believe it is because we are not busy now because of covid 19 and need less ppl now. They will not let me collect the extra 600 from the government this way.
answered on Apr 19, 2020
Indiana is an employment at will state. Generally speaking, you can be let go without cause. You should consult an employment lawyer to see if there is an exception in your case.
I recently started a company with around $80K of my own money as a 65% partner. The partner of 25% bought things in the company name and my personal name without my approval saying she paid for these only to find out months later they haven't been paid for and they're in my name. I have... View More
answered on Dec 30, 2019
Yes. You should contact a business litigation attorney to evaluate the situation, including determining whether there are any assets to pursue.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.