Los Angeles County LLC Legal Advice (40 found)

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Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

The operating agreement should have the answer to your question. There should...
Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

It depends on the operating agreement and any other agreements you have with...
Question

Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

First, a bit of terminology: In an LLC, you are members, rather than partners....
Peter Robert Stone
Peter Robert Stone's answer
Contributor Level 7

When you formed the LLC did you have a lawyer? Did they have a lawyer? Is there...
Question

Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

You need to speak with a CA attorney immediately that is familiar with business...
Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

In CA, in the absense of governing documents that say otherwise, a corporation...
Question

Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

You may find the information at the link below to be helpful. The central...
Question

Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

Let's assume that (a) you complete the LLC dissolution process properly (first...
Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

My colleague has ably answered the possibilities and scope of potential...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

Yes. Please see the Secretary of State conversion table linked below....
Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

As mentioned before, an LLC can generally be converted into another entity form....
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

Many lawyers consider DE to have the most corporate-friendly (anti-shareholder)...
Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

There are certain advantages to forming an LLC in Deleware, but most small LLC'...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

The Secretary of State can be backlogged, so a 2 week wait isn't unusual. But...
Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

I agree with Ms. Koslyn. You need to wait until you receive your filed...
Question

Henry Daniel Lively
Henry Daniel Lively's answer
Contributor Level 7

It has been my experience that most attorneys will try to sue the individuals...
Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

It can be dissolved. The members of the LLC are generally not liable for the...
Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

It's more complicated than a letter. You need to do this according to your...
Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

I would recommend that you contact an attorney because this agreement is...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

Check your existing Operating Agreement, it probably provides for what's...
Question

Richard F Hamlin
Richard F Hamlin's answer
Contributor Level 5

If your "tax year" is a calendar year, then your LLC would not owe the tax in...
Question

Steven Alan Fink
Steven Alan Fink's answer
Contributor Level 8

You can register your Arizona LLC in CA as a foreign LLC. Filing fee is...
Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

I agree with the first answer and would like to add the following: The...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

What does your LLC Operating Agreement say about expelling and withdrawing...
Question

Pamela Koslyn
Pamela Koslyn's answer
Contributor Level 10

LLCs don't have limited partners, they have members, and often all the members...
Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

Given that the LLC was formed when you were a minor, who represented your...
Question

Matthew Edward Williamson
Matthew Edward Williamson's answer
Contributor Level 7

Yes you can do it within a few business days. I don't understand the debts to...
Dana Howard Shultz
Dana Howard Shultz's answer
Contributor Level 7

The quick part is completing and filing form LLC-1 (first link below) with the...
Question

Kendra Thomas
Kendra Thomas' answer
Contributor Level 4

Yes, you can dissolve the LLC. You should be able to do this by contacting the...
Richard Byron Jefferson
Richard Byron Jefferson's answer
Contributor Level 4

Yes, dissolving your LLC is a simple process and continuing business as a dba...
Richard F Hamlin
Richard F Hamlin's answer
Contributor Level 5

File a new Statement of Information (Corporations Code, Sec. 17060)
Question

Pamela Koslyn
Best Answer: Pamela Koslyn's answer
Contributor Level 10

He may be a 60% owner, but that probably means he's entitled to 60% of the...
Keenan M. Post
Keenan M. Post's answer
Contributor Level 7

Get a business litigation lawyer as soon as possible as you have enforceable...
Question

Thomas L. McLain
Thomas L. McLain's answer
Contributor Level 4

An LLC is known as a "pass through" entity for tax purposes. This means that...
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Randolph Leigh Rhett's answer
Contributor Level 4

While the previous answer was correct for Federal taxes, California does charge...

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