Get free answers to your Mergers & Acquisitions legal questions from lawyers in your area.
Your current state is Virginia
I am planning to purchase a company using a loan from the seller, with an agreement to have no interest for three years. The business transactions will go through an account that I will be restricted from accessing as per our protection agreement. There is a "detanglement agreement" that... View More 
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jun 7, 2025
You don’t legally have to notarize a private purchase agreement in California, but getting signatures notarized can help prove authenticity if the deal is ever challenged. If you’re transferring real estate or certifying assignments of ownership interests, notarization is required for public... View More
I am considering purchasing the assets of a company using an SBA loan. Are there maximum interest rate limits imposed by Florida law specifically for SBA loans?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 14, 2025
When it comes to SBA loans, the interest rates are generally governed by federal guidelines rather than state law, including Florida. The Small Business Administration sets maximum allowable interest rates for its loan programs, which vary depending on the loan type, term length, and whether the... View More
I am the Seller in an Insurance Agency M&A deal where the Purchaser is refusing to pay for services provided between October 2024 and January 2025. The services include Accounting, Acquired Client Transitional Services, IT, and Integration Services. The agreement includes an indemnification... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 12, 2025
You have several viable legal options to address the Purchaser's refusal to pay for services rendered between October 2024 and January 2025. Our firm recommends filing a breach of contract lawsuit against the Purchaser, as they have failed to fulfill their payment obligations under the... View More
I am interested in acquiring ownership of a defunct company that ceased operations in 1968, along with its key original filed trademarks. Some of these trademarks are still actively used by an owner within the same industry, while others are expired or have limited use. I want to continue the... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 13, 2025
Trademark rights in the United States are primarily governed by federal law and adjudicated through the U.S. Patent and Trademark Office (USPTO) and the federal court system, rather than through state registration systems. While some states, including Illinois, do maintain their own trademark... View More
I recently found out that my gym is closing due to a merger. They informed members of the closure on 4/21, but my annual membership fee was automatically deducted on 4/22. The gym is not offering any refunds, although they allowed me to cancel my membership. I contacted them about a refund, but... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on May 15, 2025
In this situation, you may have grounds to take legal action against the gym, but it will depend on the terms of your membership contract and whether the gym is violating any consumer protection laws. Many gym contracts have clauses regarding refunds, cancellations, and what happens if the gym... View More
I am interested in pursuing the acquisition of the copyright for an old children's show marked as abandoned with the serial number 74144224 for commercial use. The original lawyer associated with the copyright has passed away, and there is no contact information available on the copyright page... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Apr 13, 2025
I think that you have confused copyrights and trademarks. The number you provide is a trademark registration not a copyright registration. Trademarks, not copyrights, can be abandoned by non use.
If the trademark has truly been abandoned, then your path forward would not be overly complex.
I work for a company that recently merged with another company. Three years ago, I signed an employee agreement that provides a weekly truck allowance, maintenance costs, and a fuel card for using my personal vehicle for work. The company taking over is attempting to remove these benefits without... View More
answered on Mar 31, 2025
The parties almost always can modify a previous agreement if they both mutually agree to the modification. If the parties do not agree, it depends upon what the original agreement provides whether one party can unilaterally modify the agreement. If there is nothing that gives the company the... View More
I worked at Company A, which was acquired by Company B. Post-acquisition, Company B terminated my employment. My separation agreement with Company B states I cannot make damaging or false remarks about the company or related parties, though I can respond to legal inquiries. Company A's former... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Mar 4, 2025
I would certainly speak with an employment lawyer, if you cannot avoid rendering the statement. If in fact, you are under a contractual obligation to not divorce, confidential information and you end up doing so then you might be in violation of such obligations and subject to whatever penalties... View More
There is a dwp owned property that is unlisted by the county near me
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 22, 2025
I need to be very clear - posting signs cannot legally establish public use rights on DWP (Department of Water and Power) property, as this would constitute trespassing on government-owned land. This could result in serious legal consequences.
The proper way to request public use of DWP... View More
They send job advertisements to victims' phones and, after initial discussions and training, build trust in their system. The job involves purchasing online products, reviewing them, and receiving reimbursement with a small commission and wages. Initially, they gain trust by reimbursing... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 2, 2025
If you've been affected by this INVOCA fraud scheme, it's crucial to act quickly to protect yourself and others. Contact your local law enforcement immediately to file a report, and gather all documentation of your interactions with the scammers, including screenshots, messages, and... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Dec 24, 2024
Merry Christmas ... a few initial questions for you: [1] By "shares you have been given", do you mean that the shares were a "gift" or that you "purchased or acquired" the shares in some fashion? [2] Did you receive any documentation when you acquired the shares? ...... View More
I was told I had until the last day of September to pay the taxes on my mothers home and the city sold it on August 30 ( 1 month early)
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Nov 29, 2024
Hire a MS attorney immediately about how to exercise an Heir's right of Redemption. There will be a short time period after the sale to prove your heirship and enforce your Redemption rights. You will need money to exercise this statutory right. Apparently talking to the taxing... View More
answered on Oct 21, 2024
Depending on the amount of the judgment should determine whether or not you should consult and hire a lawyer to assist with the collection of the judgment. That said, if the defendant does not voluntarily pay the judgment then you need to collect on it by seizing his property, for example, a bank... View More
I have not yet taken out an SBA 7(a) loan to acquire a business. If I do, the loan will require a personal guarantee. Before committing to a personal guarantee, I'd like to know how to exempt (1) my house and (2) my IRA account from seizure as part of that personal guarantee. How can I do that... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 4, 2024
To protect your house and IRA from potential seizure in the event of bankruptcy, it's important to understand the exemptions available under Colorado law. Your primary residence is typically protected under the homestead exemption, which can shield a certain amount of equity in your home.... View More
The investment is for $350,000 but the California-based lender sent through a pre approval letter saying they have $450,000 ready for the investment and is asking to see a draft invoice before signing the investment agreement. This seems like someone is using our pitch deck to secure a personal... View More
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Oct 3, 2024
It's understandable that you're feeling cautious about this situation. Based on what you’ve described, it’s not typical for an investor to require a draft invoice before signing an investment agreement, especially when the loan or funds seem to come from an external source, like a... View More
I was not given a reason for refusal. This is medical question.
answered on Oct 20, 2024
An Indiana attorney could advise best, but your question remains open for a month. I'm sorry your question remained open for a month. It was probably overlooked in the Mergers & Acquisitions heading, instead of something closer, like Health Care. At any rate, it could depend on the reason... View More
My dad passed away and he was the author of this course offered to pest control companies for their operators to renew their licenses. he was in business for 30+ years. A company wants to take ownership of the course and pay us royalties. What might that percentage and/or structure look like?
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Sep 12, 2024
When negotiating a royalty rate for selling an instructional course that is already a full-fledged business, several factors will come into play. Typically, royalty rates for educational content can range from 5% to 20% of gross or net sales, depending on the value of the content, the exclusivity... View More
Emotional Distress, and for Actual and Consequential damages resulting from their refusal to allow me access to my accounts transferred to their organization, when they acquired tdameritrade, because I wont sign a paperless agreement.
answered on Sep 12, 2024
An Illinois attorney could advise best, but your question remains open for three weeks. It's difficult for attorneys here to offer their services through this forum - you'd need to reach out to attorneys on your own. In addition to your own searches, there is a "Find a Lawyer"... View More
It's been 4 weeks and I still have not heard anything back yet is that normal?
answered on Aug 17, 2024
Could absolutely be normal. Have you called to inquire about the timeline? You are paying a professional to draft a complex and personalized document, not a fill-in-the-blank template (hopefully).
I have a 20 million dollar lawsuit against a company for breach of contract. They are still using my technology how can I stop them now. they are going to put that money into another account.
Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Aug 13, 2024
To stop the company from using your technology immediately, you need to file for a temporary restraining order (TRO) in court. A TRO is an emergency measure that can halt their actions until a formal hearing can be held. You'll need to demonstrate that you’re likely to win your case and that... View More
Justia Ask A Lawyer is a forum for consumers to get free 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 Justia and you, or between any attorney who receives your information or responds to your questions and you, 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.
