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answered on Oct 31, 2018
NO, you do not need to incorporate but it is generally a smart idea. You should setup a consultation with a lawyer to go over the many reasons why and how in the long run it can actually save you money.
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answered on Oct 22, 2018
That is not what this forum is for. Do a Google search.
The reason why we have dissolve is because they did not pay and we have no assets to go bankrupt.
answered on Oct 11, 2018
Best to ask the lawyer that helped you dissolve the business, unfortunately the answer can vary on who can deposit the check.
Once we submitted their invoice for payment, they told us the check was ready, but they wouldn’t release it without proof of workman’s comp insurance. Is this legal? They allowed us to perform the work before ever requesting proof of any type of insurance?
answered on Sep 26, 2018
Did you have a contract, did they have a contract? Anyway you are required to have workers compensation insurance by law. Sounds like you need to get yourself a good contract written by a lawyer.
The LLC was registered last May and I invited one of my friends to work together in September last year. Currently, I have 100% ownership. My friend wants to have 35% ownership. But based on his contribution, this percentage is too much high. We don't have any agreement in written so far. But... View More 
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answered on Sep 3, 2018
This is a prime example why people who want to set up a business need to retain an attorney to prevent problems, especially when you mix business and friendship. A one member LLC is useless. I would never set up less than a 3 member LLC for any client. The next thing you need to do is have your... View More
...incorporator violates the bylaws, deleted the president's email account (along with emails/history activity), takes control of the bank account (possibly closing it), prohibits the president from doing their job, basically violates the standard of care and fiduciary responsibility?
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answered on Aug 26, 2018
The President would have to file suit against the Chairman and there is always the possibility of criminal charges. The non-profit may have to be dissolved and a new non-profit may have to be formed, to replace this one. It is an extremely complex situation. A personal consultation which would not... View More
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answered on Aug 24, 2018
There is no reason why a business contract should not be completely in writing. Most contracts can be either written or oral and still be legally enforceable, but some agreements must be in writing in order to be binding. However, oral contracts are very difficult to enforce because there's no... View More
I went to a pawnshop to see how much my coin collection is worth A man helped and gave me the price value I counted my coins before going to the shop I went home counted the coins again and a couple were missing And I found quarters in place of my coins I went back and told the man what happed the... View More
answered on Aug 2, 2018
You could file a complaint at the municipal court for theft, but they will probably want more proof of the missing coins.
Our Japanese parent company, started this subsidiary back in the 80's. We purchase their products from them, pay them in full, and don't share the revenue from the deals that are made. That is the extent of the relationship. What really makes me question if we are a legitimate subsidiary... View More
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answered on Jul 21, 2018
You need to have an in person consultation and extensive document review, to make that determination and to find out exactly what you can and cannot do. You need a law firm that has both civil litigation and intellectual property experience. Pick the best lawyer you can find and remember one rule:... View More
answered on Jul 17, 2018
That is a question you have to ask your accountant after he/she sees and reviews your books, but even business that don't make money pay taxes in many cases.
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answered on Jun 27, 2018
You need to be far more specific about what you are talking about.
answered on Jun 6, 2018
More information is needed to specifically answer your question, but your best bet is to ask your employer and get it in writing.
Partners to exit the LLC on June 2 of 2018. I noticed an error in the wording of a key clause leaving it to misinterpretation and to my disadvantage .Can I cancel it by email so that we can sign a more clear agreement next business day ie June 4 of 2018?
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answered on Jun 3, 2018
You need to have an in person consultation with an experienced business litigation attorney. Contracts can never be cancelled by e-mail in NJ and probably not even in in CA. Pick the best attorney you can find and remember one rule: a good attorney is generally never cheap, and a cheap attorney is... View More
I currently own a LLC in NJ. I signed up for a 5 year lease, I'm almost at the 3 year mark, however the business is doing very bad and I'm running out of funds. I registered the LLC as a single member, my landlord did not request a personal guarantee with my lease, and the tenants name in... View More
answered on Jun 1, 2018
It would be unwise for a lawyer to give you an opinion on a document without reading the whole document. I suggest you take your document to a lawyer to be reviewed for the answer you need.
property owner I'm leasing from on the hook?
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answered on May 30, 2018
That would depend on your lease, which would have to be reviewed by an attorney.
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answered on May 19, 2018
How could that possibly be against the law?
answered on May 11, 2018
Yes, you should hire a lawyer to make sure that they appropriate for you type of business otherwise you may have a problem in the future.
The agreement stipulated that the company would pay my back taxes of about $20000 in the first 6 months of operation at which time I would be listed as an owner.
I solely run the daily operations of this company,all clients were brought with me into this agreement.. In return for investing,... View More
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answered on Apr 29, 2018
You need to retain an experienced litigation attorney who has experience in handling these types of cases. To properly answer your questions and address your concerns, the best way to handle this is by retaining an experienced litigation attorney. You need the best attorney you can afford, do not... View More
Worst answer ever. Totally useless. Did I do something to be awarded with such a dismissive answer?
Aren’t you going to try to redeem yourself?
answered on Apr 26, 2018
The answer is maybe a lawyer would need to know all the facts before giving an opinion and they will probably charge you for that.
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answered on Apr 21, 2018
No one on this forum, is going to do the research for free to answer your question. This will require a paid legal consultation with an experienced business attorney. Pick the best lawyer you can find and remember one rule: a good lawyer is generally never cheap, and a cheap lawyer is generally... View More
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