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What is a Cannabis clone? A cannabis plant that is a genetic copy of the mother plant. When obtained from a reputable breeder, a clone is a young female cannabis plant with stable genetics. Growers typically select to raise clones instead of seeds when they would rather not risk getting a plant... View More
answered on Sep 16, 2021
No, it would not be legal as the State of Illinois requires a very strict licensing, regulation, and eligibility for any cannabis and its derivatives operation in the state.
Besides, such operation does not qualify as a Sec. 503 non-for profit entity as it would be geared towards profit... View More
I'm opening a 401k with my new employer and want to know if I can list my former fraternity's chapter specifically as my beneficiary or not. Assume that there will be no spouse in the picture and that the beneficiary will be updated if there is.
answered on Sep 13, 2021
I would NOT list your fraternity as a beneficiary to your 401K, but rather make other arrangements in your estate plan. As to if you can name a specific chapter in your fraternity - that could depend on the fraternity, so I cannot give you a good answer on that, you would need to speak to them.... View More
Dear lawyer.
Unfortunately, I involuntarily found myself in an unpleasant situation and I would be happy for your help. I have an account at Marketplace site, where I sell products from a variety of different suppliers. A few days ago, an e-mail was sent to me from a lawyer (on behalf of... View More
answered on Aug 3, 2021
You can be dragged to an American court by virtue of you selling here.
There are different tools to deal with the lawsuit if you think it is an error.
You need to consult with an attorney review all the documentation you have.
Best luck!
And make sure we are asking the right questions
answered on Jul 29, 2021
Certainly. Many of us have experience in reviewing such contracts, and would be happy to assist in ensuring your interests are protected moving forward.
That being the case, I recommend organizing everything in your possession that is relevant to this matter, including the contracts and all... View More
In 2018, I went into an oral agreement with a person in the United States to build an online platform. I was responsible for all the tech from designs to coding etc. I live in Pakistan, we had this agreement orally over zoom.
He promised equity and delayed payment for my work. We agreed... View More
answered on May 23, 2021
You can sue him but it will be complicated and expensive
You may be able to sue in your country or in the USA
You should consult with an attorney to determine your options
This is a lease agreement with a Landlord for a Small Business. It would be great if someone can do this for free. I am having a hard time understanding a few items in the contract.
answered on Nov 20, 2020
This is a good question, but the answer depends on a number of factors. For example, is this a residential or commercial lease? What is the length of the lease? How long is the lease period and what is the rent? A commercial lease is much more complex than a residential lease.
I... View More
It will be teachers from major cities in different state. I wonder if they can be independent contractors instead of employees
I set up a website with paid ads that matches teachers who are looking for students with families looking for teachers to teach their kids at home. The teachers are... View More
answered on Nov 16, 2020
The question of whether someone is an employee or independent contractor comes down to "control."
Additionally, the Internal Revenue Service uses a right-to-control test to assess a business' tax liability.
For example, if these musicians had specific hours of work,... View More
Technically i would own the arcade and would just be providing a rental service for those who are interested
answered on Oct 30, 2020
Arcade means an establishment that has five or more coin/token or other modes of activation operated amusement devices in an area dedicated to the housing of coin-operated amusement devices. Keep in mind, no alcoholic beverages may be sold or consumed in the area separate and designated as arcade.... View More
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).
answered on Oct 30, 2020
To open a bank account for just the subsidiary, you are:
The Managing Member of the Subsidiary.
Most likely, the Bank will ask you for a copy of the LLC Articles, the Operating Agreement and its EIN number.
The Subsidiary [Name] is a wholly owned subsidiary of the parent... View More
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... View More
answered on Aug 3, 2020
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... View 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... View More
answered on Jul 31, 2020
Changing the business name has nothing to do with your rights in a divorce. You need to bring everything to the attention of the lawyer handling your divorce though.
If you are applying for a refinance mortgage on a Tenant In Common title where the other party won't be a co-borrower, can a lender reject your Power of Attorney for signing the title?
answered on Jun 15, 2020
Yes because they do not have refinance you in the first place. The mortgagee probably does not want to lose the other mortgagor as a notemaker.
answered on May 27, 2020
It looks like part of your question may have inadvertently gotten left off. You could try reposting. Good luck
Tim Akpinar
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,... View More
answered on May 18, 2020
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... View More
I'm wondering the steps we need to take for this. How would we complete an I-9? Do they have different tax forms such as W-4s?
The employee will be working out of Guam.
answered on Apr 16, 2020
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:... View 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.
answered on Apr 7, 2020
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... View More
This company has been using payroll checks that can’t be cashed because of insufficient funds for over 3 months now
answered on Mar 27, 2020
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... View More
Employee has been employed for 3 months and this was never disclosed as a condition of employment. No contract/agreement is in place agreeing to reimburse employer for hiring expenses.
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.... View More
answered on Feb 18, 2020
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... View 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?
answered on Jul 28, 2019
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... View More
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