If I own a Holding Company (a single member llc), and this holding company owns a subsidiary (a single member llc). Who am I to the subsidiary? (in terms of opening accounts for the subsidiary and doing things on behalf of the subsidiary).
I am a sole proprietary business owner and married. I started my home business in August of 2019 and I work another job. The business has taken a hit due to COVID because most of the income is generated in-person sales. I was thinking of filing a chapter 7 but I was unsure how that could impact... Read more »
In Illinois a homeowner is entitled to an exemption for their home. The exemption amount is $15,000 per person - so $30,000 if a married couple (assuming both spouses file). Since you are married, if you have more than $30,000 in equity, then you may have issues. If you have less than $30,000 in...Read more »
I had owned 49% of the company and he owned 51%. Originally it was believed that you had a better chance of getting contracts with the government if it was native owned or woman owned. I’m part native. So during COVID lockdown he forced me sign the loan telling me it was the law in order to... Read more »
I am a banquet hall business owner. My bank has refused to give me relief on mortgage payments because I was already behind 2 payments due to the increase in property taxes in the county. The bank has filed for foreclosure during covid and intends to appoint a receiver in June 2020. At this point,... Read more »
I can't tell from your facts if you are facing a business bankruptcy, a personal bankruptcy or both. However, it sounds like you need a mechanism to stop the litigation and to liquidate debts in an orderly fashion. That is one of the functions of a bankruptcy case. I need to know more about...Read more »
It is not entirely clear whether the worker is going to be located in Guam or will be coming to the United States from Guam. The below link should be helpful in providing information regarding your questions:...Read more »
My business is strictly internet. I skype or video chat with my customers or chat on the website. I am registered in Wyoming but I am now in Illinois with my fiance. He is referring his friends but I make them go through the website to get information or to request information and sign up.
Your description describes that you will be actively operating your company in Illinois and will be generating income as well as presumably conducting activities related to your business. You should register your business with the Illinois Secretary of State. Below is a link to the Illinois...Read more »
Based upon your description I would recommend that you contact the Illinois Department of Labor and make a claim for the salary/wages you are apparently owed which have not been paid for three months. Here is a link to the website: https://www2.illinois.gov/idol/Pages/Complaints.aspx...Read more »
another state. The original charter was to develop and market the product.
All of the investors' money was used for product development which was not completed. The second corp. as revealed in their recent patent application, is building on the previous corp's design.... Read more »
This depends on how the LLC was dissolved. If it was done correctly through an Assignment for the Benefit of Creditors or through the proper dissolution process the LLC and its owners may have protected themselves. However, if they did not assign a value to the intellectual property at dissolution...Read more »
We have worked with a few companies that have clearly broken contracts with us. The damages are not worth an expensive attorney or law firm. We want to hire an attorney to work with us on salary to go after these companies. Is it legal for us to do this?
As a general matter, companies do what you describe all the time. The position is sometimes designated as an in-house counsel. They advise officers on key decisions, they litigate cases (or depending on the size of the company, oversee cases farmed out to outside counsel), they check company...Read more »
I want to know which schools are the best and which schools are not as good as the rest, but still pretty good. Just want to know what schools to look at, and which ones not to spend my time reviewing them, so I can make the best decision possible when transferring from college. If possible to I... Read more »
This is way too broad an inquiry to be addressed in this forum. Talk to you college counselor; better yet, if you know an attorney, see if he or she will take time to talk about these subjects with you. Most will be willing to do so, I suspect, but the task of writing a comprehensive reply to your...Read more »
I told him I would redo the floor to his liking and give him 1000$ discount for the inconvience, he returned with a value of the work I performed of 7000.00 when the original contract was 13000, saying his guys could have done it and that’s all he is paying! He also stated he was box expecting a... Read more »
There are a few issues based on the facts presented. That being the case, I recommend you organize everything in your possession that is relevant to this matter, including the governing contract, and consult with an attorney individually to explore your options.
I signed an offer letter with a staffing agency to work as their account manager and the owner of the agency had multiple verbal agreements that he retracted after I signed the letter. I have evidences of witnesses, emails, calls and text proving this matter. Can I sue him for damages for... Read more »
You may be entitled to a remedy based on the facts provided, but the viability of recovering on such an action is dependent on specific facts that are not provided here, such as the details around the statements made, as well as the terms of the offer letter you reference. That being the case, I...Read more »
Can I some how own guns being a felon but only to protect myself being the business. Or would I have to file and ask a judge about it and give them my specific reasoning for why I want to be aloud to own them and take them safely with me after trained in concealed carry classes, that way any kind... Read more »
It could be difficult for an Illinois attorney to address your question without knowing more information. For instance, will working from home involve proprietary software and introduce issues with the usage of that software? Maybe a starting point could be to consult with an attorney in Illinois...Read more »
I work as an independent contractor (trivia host) for a small sole proprietorship trivia company that is changing to an established LLC, and changing ownership as well. The owner made a person a 10% shareholder of the company, and this person has nothing to do with me. His sole responsibilities... Read more »
It appears that an employees salary information was leaked to someone. This person whom found out does not need this information to do their job and is now targeting the other employee because they are making more money. Is there anything the employee whose salary was leaked can do?
Most larger Companies have a Policy and Procedure Manual. That being said, it is doubtful that leaking a salary would be in the Manual; however, if is in the Policy and Procedure Manual, you have your answer.
If the information leaked was accurate, and you have no damages, you have little...Read more »
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