Get free answers to your Business Law legal questions from lawyers in your area.
I am trying to connect a wholesaler who sells products to a retailer who will resell that product online and I would receive Commission on the the profit that each of them make that each of them makev Do I need a special license for that and where would I find more information on the laws about... View More
answered on Nov 8, 2022
Unless you are selling highly regulated products such as chemicals or pharmaceuticals I don’t see that you would need any special license. What you need is a strong contract drafted by an experienced attorney to ensure your commission, along with a business strategy to prevent the wholesalers and... View More
About 5000$ in hold
answered on Nov 8, 2022
I would need to review with you the documents on your account dashboard for the reason for the hold. Depending on what my investigation uncovers we may issue a legal demand letter to the Stripe legal department.
A medical group with doctors as owners (PC). I am a recent shareholder, upon asking to examine the books I was denied that, stating that only managing members are allowed to see the books. The company doesn’t make distributions so I wanted to know what happens to the profits. Is that legit? What... View More
answered on Oct 11, 2022
Even in the absence of the by-laws or a shareholder agreement, which I assume you have already reviewed, the New York Business Corporation Law provides for a shareholder's right to inspect the books and records of a corporation. BCL 624 provides that any shareholder of record of a corporation... View More
This was a craft fair open to the public. I haven't paid yet as she stated as long as I paid within two weeks of the event which hasn't passed yet. I've already collected vendor fees, did paid advertisement and put in the work to organize everything. If I cancel, I will have to... View More
answered on Sep 27, 2022
I do not know what "booked" means to you. If you have a written contract, you can enforce it. If you have a promise on the phone, then you have nothing.
If I signed an NDA as a member of a now defunct LLC with a company for an “indefinite term.” Very general NDA to protect trade secrets, recipes, etc. If the owner of the company who I signed the NDA with passes away, and his heir takes over his rights (both business and estate), and sells the... View More
answered on Sep 20, 2022
Depending on the language of the NDA, yes. Have a free telephone consultation with counsel.
Jack
I know minority owners can but I don't know if majority ones can.
answered on Sep 16, 2022
Yes, if the bylaws say that a majority is insufficient to authorize suit.
Plaintiff owns 75% of Company A. Defendant owns 15% of Company A. (So a third party owns the remaining 10%.) Plaintiff sues both Defendant AND Company A. The lawsuit seeks to dissolve Company A.
Two questions:
Defendant can obviously accept service on behalf of themselves, but... View More
answered on Sep 9, 2022
A shareholder, just by being a shareholder, cannot accept service. Service must be on an officer or director, or the registered agent. A minority shareholder can fight the dissolution, or demand a buyout based on the value of the corporation as determined by a court. The procedure is in the... View More
answered on Sep 4, 2022
In the State of New York business owners, shareholders, members LLC, may file lawsuits related to breach of contract controversies in state court. For purposes of these controversies the applicable law is the New York General Business Law as well as the specific rule applicable to fiduciaries... View More
Can he then pay me less than they think they are paying me? Is this fraudulent billing?
answered on Aug 29, 2022
The employment law attorneys here would have the best insight into this, but your question remains open for two weeks. However, as a general contract law matter, it isn't unusual for companies to impose a margin on what they pay employees or contractors - this is a basic business model. It... View More
I started working 3 years ago in a registered 501c3 (school) in New York. I am a school leader and requested to see a copy of the school bylaws so I could understand as much as possible about how the school works. I was told it was an inappropriate request. I have concerns about board governance... View More
answered on Aug 21, 2022
You can almost certainly get a copy directly (and anonymously) from the New York Attorney General's office website. Go to the AG's office's Charities Bureau online. (https://www.charitiesnys.com/home.html) Enter the name of the 501(c)(3) in the "Search Charities Registry"... View More
answered on Aug 17, 2022
The short answer is: It depends!
I suggest you speak to a lawyer.
Am I protected from having my new site's logo/idea/branding infringed upon?
The new name will be listed as a project of mine/my DBA on both websites.
answered on Aug 1, 2022
A d/b/a (doing business as) is simply an alternative trade name for a business. Different states have registration requirements for DBA's. A trademark protection or copyright protection are an entirely different issue. There is a process underlying the registration of a trademark or a... View More
I sent cryptocurrency to Celsius within the prior 45 days before they filed bankruptcy. Could I possibly have reclamation rights under 546(c) of the bankruptcy code?
Uncertainties: is the cryptocurrency considered a good covered by this? Cryptocurrency sent to Celsius is essentially lent to... View More
answered on Jul 27, 2022
This would be a low priority claim and without significantly more information, there is no way to know. You need to retain an experienced bankruptcy attorney and provide a great deal of information. Good luck.
Hello, I am trying to properly interpret Section 624 - Rights of cancellation of contracts for services. If the buyer never received any form of a copy of the contract until requesting it two months after the start date, does the three business day period for a right to cancellation apply once the... View More
answered on Jul 25, 2022
I believe that you are best advised to speak to a lawyer because of the very fact-specific nature of your question.
answered on Jul 25, 2022
You're asking about Florida law. You would have better chances of a response if you posted this under Florida. Good luck
I want to know what would be the best route regarding necessary actions. A business was sold without paying every partner.
answered on Jun 25, 2022
Other than stating that every partner was not paid, you include no other facts. Try to avoid litigation. Have a free telephone consultation with counsel.
Jack
I own a single member LLC in Wyoming but now live in New York. I’d like to create a newer NY LLC subsidiary with the out of state LLC as the parent company. Is this allowed?
Has to be ny lawyer
answered on May 20, 2022
If you're trying to find a New York lawyer, it could be difficult for law firms here to reach out to you. This site isn't set up like an attorney referral service. However, there is the feature above, "Find-a-Lawyer," which lists attorneys by region. The NYS Bar Association also... View More
What rights do I have?
answered on May 18, 2022
If the sale violated the shareholders agreement or bylaws you can sue the people who did the sale.
If one owner die , how to avoid outsider demands
answered on May 12, 2022
There are several unknowns here and best to direct your question to an attorney, who can review the documents. In a nutshell, it all depends! It depends on the corporate structure, governing documents (and always but not likely primarily here on applicable laws). It is generally absolutely doable... View More
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