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A Personal Service C Corp had only one shareholder, who was also the president. Upon the death of the sole shareholder & president, the business is closed and the C Corp needs to be dissolved. The Secretary of the C Corp will sign the Certificate of Dissolution to be filed with the Secretary of... View More 
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answered on May 15, 2024
In the case of a Personal Service C Corporation with a single shareholder who was also the president, and upon their death, the corporation needs to be dissolved and closed. Here's a step-by-step guide on how to proceed:
1. Appoint a new director: If the deceased shareholder was the... View More
I sued my employer (it's a nonprofit organization) a couple of years ago, but since then, it has sold some of its assets to a third party and transitioned to a new corporation under a different name, but the executives and the board of directors remain the same. How will this transition impact... View More
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answered on May 7, 2024
Under California law, if a corporation has been properly dissolved, it generally cannot be sued. However, there are some exceptions and considerations in your case:
1. Timing: If the lawsuit was filed before the corporation was dissolved, the case can typically proceed. The... View More
I sued my employer (it's a nonprofit organization) a couple of years ago, but since then, it has sold some of its assets to a third party and transitioned to a new corporation under a different name, but the executives and the board of directors remain the same. How will this transition impact... View More
answered on May 7, 2024
Yes, this will significantly complicate things. Far more information would need to be known about the situation to provide any solid guidance. If you have not yet procured a judgment, there are things you will need to do now to try to wrangle the new entity into the lawsuit, and depending on the... View More
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answered on Apr 15, 2024
It is unlikely that FedEx and UPS would merge to compete with Amazon, for several reasons:
1. Antitrust regulations: A merger between FedEx and UPS, two of the largest shipping and logistics companies in the United States, would likely face significant scrutiny from antitrust regulators.... View More
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answered on Jan 30, 2024
Receiving a Wells Notice in Los Angeles indicates that the Securities and Exchange Commission (SEC) is considering enforcement action against you or your business. This notice is a serious matter and typically precedes formal charges. It gives you the opportunity to present your side of the story... 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
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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
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?
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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
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.
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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
Grant Deed in written Brief has more than assertion to Broadcast, FCC media.
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answered on Aug 12, 2024
When dealing with a grant deed, especially in the context of visitation and custodial planning, it's important to ensure that the deed aligns with your legal objectives. A grant deed is a legal document used to transfer ownership of real property, and its terms must be clear and legally... View More
Police officers in Glendale ca arrest me for using other people credit card identity theft nd DUI my vehicle was parked when he got behind my vehicle I was not driving my vehicle is parked in the side street and they said the reason why they stopping me is I have expired registration!
My... View More
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answered on Jul 18, 2024
Police officers must have probable cause to search your vehicle without a warrant. If your vehicle was indeed parked and registered correctly, the search and subsequent seizure of your money may have been unlawful. You have the right to challenge the validity of the search and seizure in court,... View More
Ex is not on the lease, lives in apartment, wont leave, gets mail here but hasn't paid rent for the month. We do not have a written contract.
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answered on Apr 9, 2024
In California, a person who receives mail at an apartment but is not on the lease is considered an "unauthorized occupant" or "squatter." Squatters have limited rights, but the process for removing them can be complicated. Here's what you should know:
1. Tenancy... View More
$36k was originally recovered but I’m still paying for that as well.
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answered on Jun 22, 2023
If you owe federal restitution, it's likely that the obligation remains even if the corporate victim was bought by another corporation. Changes in ownership or corporate restructuring usually don't affect your responsibility to repay the restitution. It's important to consult with a... View More
We sold the business and we have a hard time on getting access to the accounting data for the past years, when we were in charge of the business. Please let me know our rights in this case, as accounting was done through QuickBooks online and new owners took over the existing data.
answered on Feb 8, 2023
I assume there was a contract prepared for the sale of the business. You should first look to the contract to see whether there is a specific carve out for pre-sale accounting information and who would be the owner or at least have access to it. Your relationship with the purchaser is contractual... View More
The company was sold but only the assets were acquired. Does the tax debt fall on me personally?
answered on Nov 18, 2021
Section 6829 of the Revenue and Taxation Code provides that the California Department of Tax and Fee Administration (CDTFA) may pursue collection action against certain corporate personnel for any unpaid corporate sales and use tax liability.
I called and talk to the police department and she can be Danny my husband mom what will not leave our house but if Danny goes to work is she still allowed to be in my house if he's not there and it's just me,and my kids I don't know what to do
answered on Sep 11, 2021
You can obtain a Civil Restraining Order re: Harassment against her and apply for an order from a judge to keep her out of the house. In my opinion, you should contact a local attorney to discuss your personal situation.
I renewed my lease a month ago which goes into effect in two days. Today I was informed that ownership and management has changed as of today. All of the rent prices dropped significantly. Am I stuck for the next 15 months paying the higher rent which I signed or since there is new ownership can I... View More
answered on Mar 19, 2021
Go see them and negotiate a change in your lease to upgrade your apartment or get a reduction. If they won't do it, sue in small claims for the difference over the term of the lease or see a local Tenant's rights attorney.
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Or insurance the police gave him a pink ticket and he has court case, he said i grabbed the strearing wheel and tried to crash on purpose. How can you know if the court opens a case against his accusations
answered on Feb 17, 2021
If they didn't give you a ticket, then it is very likely that you don't have a case. You can check the courts online periodically to verify for up to one year.
I have a wedding scheduled for the end of this year in Los Angeles county CA. However California restrictions do not allow any indoor events. My contract do not have any Force majeure language. If the venue cannot host my event do to the COVID-19 pandemic Restrictions or if it is unreasonable To... View More
answered on Sep 10, 2020
I know weddings can be very expensive, however, it may be difficult to find an attorney by posting a question on this site, Our TOS do not allow us to write a response that solicits you to call us. You have to find an attorney and call them. Next, there is no "automatic cancellation."... View More
Am I entitled to know discussion since it was paid for by company funds.
answered on Apr 9, 2020
Typically no because that is a conflict of interest for the attorney. The company is the client, not the shareholder and representation of the shareholder individually is usually a conflict. Additionally, if the company is paying for the personal expenses (their personal legal fees) of the... View More
My contract states I will be provided a free health plan or stipend towards another plan. The newly formed company is not providing this and rates have gone up to over 2K a year. Does my new employer have to honor my contract if they are not firing me or providing a new contract for me to sign?... View More
answered on Dec 4, 2019
Your post is not entirely clear about your relationship with this company, nor does the post have additional information needed to provide a clear, reliable answer. Assuming you are an employee, and not an independent contractor, when your employer sells to another company, such that you are now... View More
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