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1 Answer | Asked in Banking, Business Formation, Business Law and Family Law for Kentucky on
Q: I paid 17k in cash for my car. But i got the money from my friend and family. So, can i report that as my source?
Timothy Denison
Timothy Denison
answered on Apr 2, 2024

Yes. You can. You should also report any debt owed to your friends and family as well.

2 Answers | Asked in Contracts, Business Formation and Business Law for New York on
Q: Can I partially own one LLC(A), as another LLC(B)? The other % of ownership of LLC (A) would be to an individual not LLC

Do i have any problems here? Or is this possible to partially own one company as another LLC ( B ) while still sharing ownership with a single individual of LLC (A)

Gary Lane
Gary Lane
answered on Apr 1, 2024

Yes. Done frequently. Should have no issues.

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1 Answer | Asked in Contracts, Employment Law and Business Formation for Minnesota on
Q: How can a subsidiary find a new owner, when the owner wouldn't want to sell due to the subsidiary's financial success?

The subsidiary is in a very unhealthy relationship with their owner. The owner doesn't treat the subsidiary well, doesn't invest in the subsidiary and has become a competitor. Additionally, the subsidiary is charged a hefty fee for administrative support from the owner which isn't... View More

Robert Kane
Robert Kane
answered on Mar 26, 2024

I apologize, but I am not entirely sure what type of relationship you are describing. Your description would include many different scenarios. Most importantly would be any contractual obligations of the parties. I have no doubt the subsidiary has options, but I don't know what may be the best one.

1 Answer | Asked in Business Formation and Business Law for Michigan on
Q: Does a Michigan LMSW-C interested in forming a private practice that offers multispeciality services need a LLC or PLLC?

Does a Michigan LMSW-C interested in forming a private practice that offers multispeciality services (i.e. lactation, training, consultation) need a LLC or PLLC?

Thomas. R. Morris
Thomas. R. Morris
answered on Mar 18, 2024

If the LLC Is going to offer services for which a license is required, it must be a PLLC. MCL 450.9201, 9202.

1 Answer | Asked in Business Formation for New York on
Q: Am trying to make a product that includes the use of the BATMAN logo if I do make it and sell it, am I breaking rules?

So I want to start a business and sell a lot of things, but most want to create products using superhero logos from D.C comics and marvel. However am not sure if its okay for me to use it without having to ask permission or without me breaking rules of trademark.

Tim Akpinar
Tim Akpinar
answered on Mar 11, 2024

You may want to repost this under the "Trademark" heading. Your question is more about intellectual property than "Business Formation," the chosen category. Maybe consider adding the "Copyright" category as well, depending on what you plan to sell. Attorneys in those... View More

1 Answer | Asked in Business Formation for Connecticut on
Q: Under CT law, what can LLC members do about another member who refuses to pay his share of bills? withhold his K1?

This LLC was formed to make one specific investment. Can we declare him in "bad standing" and not send him other relevant information about the investment?

Alan Harrison
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answered on Mar 11, 2024

No attorney should answer this question without reviewing your operating agreement. I sure hope that you have one. It should spell out the legal mechanism for expelling a member. If you have questions or more information, I'd be glad to help.

1 Answer | Asked in Business Formation for Texas on
Q: As a single member LLC in the state of Texas am I required to use an outside agency or firm as my registered agent?
John Michael Frick
John Michael Frick
answered on Mar 4, 2024

No. You yourself (or someone else) can be the registered agent as long as you maintain a physical address as your company's registered office where you can be personally found for purposes of physically serving you with important legal papers.

2 Answers | Asked in Bankruptcy, Admiralty / Maritime and Business Formation for California on
Q: Is retail pro under investigation!

I have proof

Tim Akpinar
Tim Akpinar
answered on Mar 16, 2024

There is no way for anyone here to know this. I do not know who the company you mention is, but as a general matter, many investigations (other than public ones such as NTSB accident investigations, or certain cases receiving journalistic coverage) are not conducted openly. Good luck

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1 Answer | Asked in Arbitration / Mediation Law, Business Formation, Business Law and Contracts for Texas on
Q: What legal weight do I have should a business ownership dispute require legal mediation?

My partner and I share 50/50 of a business we just started. We are mere weeks away from our first sale and now his wife wants 4% ownership of the company, which they both expect me to give up 2% to her because she came up with the idea. In the beginning she said she didn't want to be an owner,... View More

Tim Akpinar
Tim Akpinar
answered on Feb 19, 2024

A Texas attorney could advise best, but your question remains open for two weeks. But this may be a difficult question for any attorney to answer in the brief format of this Q & A forum. If you reached out to attorneys, it's likely that instead of a quick yes or no answer, law firms would... View More

1 Answer | Asked in Business Formation and Business Law for Maryland on
Q: Question on Liability after Switching to LLC from Sole Proprietor

Let's say that I previously was a sole proprietor and served client ABC during that time as a sole proprietor. Let's also say that at some point after serving client ABC, I formed an LLC for the same business. At some point after the formation of the LLC, client ABC sues me/my business.... View More

Mark Oakley
Mark Oakley
answered on Feb 11, 2024

If the basis for the lawsuit is for something that happened before you formed the LLC, then the LLC shield does not protect you from personal liability.

1 Answer | Asked in Business Formation on
Q: I'm an aspiring Business Owner and enjoy the Assassin's creed games interested in making game-themed content

If I were to go through with this, What Ubisoft owned content would be protected under copyright, trademark and Patent and would the original ideas, designs and characters be included under this. I would really like to understand so that I don't commit any copyright infringement.

Tim Akpinar
Tim Akpinar
answered on Jan 31, 2024

All those protections you have concerns about (copyright, trademark, etc.) are categories on this forum. You could repost and add them as headings. That would result in better chances of a response. See the linked text, "Show More Practice Areas." Good luck

1 Answer | Asked in Business Formation and Business Law for Pennsylvania on
Q: I am starting an online business in PA and live in NJ. Can I use a virtual address to form an LLC in PA?
Michael Cherewka
Michael Cherewka
answered on Jan 22, 2024

If you are looking to organize a PA LLC it will require a street address for the Registered Office in PA. That can be an office or something simple like a UPS Store "suite" address, or you can hire a Registered Agent in PA.

1 Answer | Asked in Business Formation and Estate Planning for Ohio on
Q: How can I see an old estate case that has absolutely zero information visible on the court records online?

This is about my father who died in 1981. He was a founder of a major company. I can't find anything at all about him anywhere. Not even an obituary, news about his accident, his marriage to my mother, nothing about his estate. I was a month old when he died and I found what looks like a trust... View More

Nicholas P. Weiss
Nicholas P. Weiss pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
answered on Jan 16, 2024

That date pre-dates most archived electronic probate dockets. You will likely need to either 1) request that the docket related to the case be sent to you or 2) go to the court to obtain copies of the documents yourself.

1 Answer | Asked in Banking and Business Formation for California on
Q: My firm www.R5Limited.com is interested in acquiring license rights to a number of patents held by Los Alamos

Is there an office and contact at Los Alamos and recommend law firm with Los Alamos track record.

James L. Arrasmith
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answered on Jan 12, 2024

To acquire license rights to patents held by Los Alamos, you should contact the Technology Transfer Division at Los Alamos National Laboratory. This division is responsible for managing the licensing of the laboratory's technologies and patents. Their website provides contact information and... View More

1 Answer | Asked in Contracts, Business Formation and Business Law for Illinois on
Q: We sold our small business with a promissory note to receive payment after one year. Now they won't pay

The pastor has experienced financial difficulty. They have not filed for bankruptcy, however they have received funding from an investment group. The promissory note reads,This Promissory Note shall become due and payable prior to maturity without presentation, demand, protest or notice of any... View More

Bryan R. Bagdady
Bryan R. Bagdady
answered on Jan 7, 2024

If a written promissory note, signed by the parties, is not paid when due, then the holder of the note may make demand or commence suit. In your case, if the borrower is not offering some other or new solution, it sounds like it is time to commence suit.

1 Answer | Asked in Land Use & Zoning, Animal / Dog Law, Business Formation and Business Law on
Q: How far can I build a chicken farm of 10,000 chickens from a residential house that is not my own, in Dominican Republic

A que distancia yo puedo construir una granja de 10,000 pollos de una casa residencial que no es mia?

Tim Akpinar
Tim Akpinar
answered on Dec 16, 2023

It may be difficult to get guidance for this on this forum, as it looks like it will involve the laws of the Dominican Republic. This forum deals mainly with U.S. law and courts. If you could consult with an attorney who deals with land use and agricultural matters, they might be able to offer... View More

1 Answer | Asked in Land Use & Zoning, Real Estate Law and Business Formation for Michigan on
Q: Is there a minimum size of land requirement for a private particle accelerator laboratory?

Research and development physics laboratory that would include particle accelerators. For the state of Michigan

Kenneth V Zichi
Kenneth V Zichi
answered on Dec 9, 2023

Zoning requirements vary depending on WHERE in the state you are. Your best bet is to contact a local lawyer to provide specific information for the city/township where you are interested in building.

That said, there are LOTS of legal issues before building a complex thing like this, and...
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1 Answer | Asked in Banking, Business Formation and Business Law for New York on
Q: I have a joint account with my son and he fraudulently took 6 thousand from my acc without me knowing.

I got a lawyer and paid off the full amount. I also took my son off the account. I still wish to do business with that bank because I have multiple building and business in that bank. How would this affect my business and my bank relationship. What are my next steps and what will happen?

Jack Mevorach
Jack Mevorach
answered on Dec 2, 2023

I'm not understanding what amount had to be paid off and why. If everything is now straightened out, what would be the issue of continuing with the bank?

Jack

1 Answer | Asked in Banking, Business Formation, Immigration Law and International Law for California on
Q: Immigration law: I am a Protected Person with an approved case from the court waiting for my PR.

I am starting an import-export business and I am wondering would having business with my home country cause any issues with my residency here in Canada. Traveling to my home country is by no means safe for me, however, this business does not require my physical presence in Iran and I can conduct... View More

James L. Arrasmith
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answered on Nov 7, 2023

Engaging in business with your home country, where you are recognized as a Protected Person, should not inherently affect your residency status in Canada. However, it's crucial to ensure that this business activity does not contradict any of the conditions of your protection status.... View More

1 Answer | Asked in Business Formation, Business Law and Native American Law for South Dakota on
Q: how can i protect my self from someone who is writing my grants for my treatment

he went to school for grant writing i have never did anything like this im starting my own non-profit its going to be a treatment based on how we heal as native people from our addicrions i feel he knows what he doing i dont want him to be sneaky and take over on something i worked hard for and... View More

James L. Arrasmith
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answered on Nov 7, 2023

To protect your interests in your non-profit and its intellectual property, it's essential to establish clear agreements in writing. Consider drafting a contract that outlines the scope of work, duties, and limitations of the grant writer's role, ensuring it includes confidentiality and... View More

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