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Ratings. Guidance. The Right Lawyer.
Search: Legal Advice written by Thomas L. McLain (34 found)
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Posted 5 months ago in Business Haverhill, MA 
Thomas L. McLain's answer
A for-profit business may generally be formed and operated in a number of...
Posted 5 months ago in Contracts / Agreements Austin, TX
Thomas L. McLain's answer
The enforceability of Non-Compete Agreements varies significantly from state to...
Posted 6 months ago in Corporate / Incorporation Atlanta, GA
Alan James Brinkmeier's answer
Lots of details exist for you to consider. Location is probably the biggest... 
Lev Konstantyn Martyniuk's answer
Depends on your business. Real estate is generally pursued through a...
Posted 8 months ago in Business Vero Beach, FL
Thomas L. McLain's answer
Being named as a VP does not mean that the "business would automatically go to...
Posted 9 months ago in Limited Liability Company (LLC) Neenah, WI
Thomas L. McLain's answer
There are many issues to address in the formation of an LLC, including, who...
Posted 9 months ago in Contracts / Agreements Chesapeake, VA
Thomas L. McLain's answer
As a general rule, letters of intent are non-binding. However, because each...
Posted 10 months ago in Tax Downey, CA
Thomas L. McLain's answer
The IRS has a lot of power in the case of collecting federal taxes that were...
Posted 10 months ago in Limited Liability Company (LLC) Egg Harbor City, NJ
Thomas L. McLain's answer
You will not need to dissolve the LLC in order to buy him out. Ideally, you...
Posted 10 months ago in Business Los Angeles, CA
Thomas L. McLain's answer
The simple answer is that an LLC can be owned 50% / 50%. However, if you are... 
Ken Bradley Dallara's answer
One of the beauties of an LLC is the ability to assign different percentages to...
Posted 11 months ago in Limited Liability Company (LLC) Commerce, GA
Thomas L. McLain's answer
Most of my clients who have opened restaurants have opted to be structured as a...
Posted 11 months ago in Corporate / Incorporation Nashville, TN
Thomas L. McLain's answer
As a general rule, you may buy the shares from another shareholder by having...
Posted 11 months ago in Mergers / Acquisitions Hicksville, NY
Thomas L. McLain's answer
You will need to provide a good bit more information before anyone can provide... 
Meyer Y. Silber's answer
What documentation is there as to the ownership of that half? Notwithstanding...
Posted 11 months ago in Mergers / Acquisitions
Thomas L. McLain's answer
If I understand the situation described in your question correctly, a company...
Posted 11 months ago in Business Atlanta, GA
Thomas L. McLain's answer
There are several structures that can be employed to start a business. Who... 
Kenneth Allyn Sprang's answer
I see that Tom McLain has responded. I strongly encourage you to give him a...
Posted 11 months ago in Limited Liability Company (LLC) Glendale, CA 
Pamela Koslyn's answer
As has been ably pointed out by the above 2 responses, the major benefit of an...
Kenneth Allyn Sprang's answer
I would echo Tom's comments. If you are the only owner, you have two choices--...
Posted 11 months ago in Debt Collection Ashland, OR
Thomas L. McLain's answer
Your options will depend on the language of the contract and the law of the...
Posted 12 months ago in Employment / Labor Greenwich, CT
Thomas L. McLain's answer
Non Compete law can vary significantly from state to state. If you and the... 
Patrick Walter Begos' answer
It is common for an employer to ask for various concessions from a departing...
Posted 12 months ago in Corporate / Incorporation Santa Rosa, NM
Thomas L. McLain's answer
The answer to this question will require you to look in two places. First, you...
Posted 12 months ago in Employment / Labor Seymour, CT
Thomas L. McLain's answer
First, let me comment initially that you need to involve a Connecticut attorney...
Patrick Walter Begos' answer
That was not my answer at all - must be gremlins in my computer! Anyway,...
Posted about 1 year ago in Corporate / Incorporation Los Angeles, CA
Randolph Leigh Rhett's answer
The short answer is "no". A foreign entity cannot be a shareholder in an S...
Thomas L. McLain's answer
Randolph is correct, however, a foreign entity can own an interest in an LLC... |
