2 partners EFD & RJK in corp, equal share holders, EFD alleges RJK implemented a controlled fraud then resigned.What can EFD do?

Fully agreeing with the other attorneys, E may be able to sue R for unfair competition for stealing the corporation's customers and E may also be...

I invested in an IPO. The IPO never happen. Can I take the person to court.

As Mr. Ferri asked, did you buy stock in company because you were told it would soon go public? Did you give money to a company (or a broker) to...

If you find $100,000 cash on the street, can you keep it?

Legally? Morally? I claim no expertise in Texas law, but I would think that found cash would be subject to the abandoned property laws, and it...

What are the key tenets a purchaser of a minority-share in a realty LLC should insist on having in any agreement?

This is where we all chime in and suggest, "get a lawyer!" Conceptually, you want to insure that you have a blocking position, meaning that you...

Selected as the best answer

Short answer: yes. Remember, you may not work for the LLC, but you may be a passive investor.

Can husband of wife that solely owns LLC represent the LLC in court without a lawyer?

Generally, only an individual can represent themself in court, but entities are required to have an attorney. I am not familiar with Kentucky law...

Election question

This sounds like a long simmering dispute amongst passionate synagogue or church members. While one side or the other could sue, that would likely...

What are the risks when accepting an incentive stock option from the company I work for?

Risks? You are being given options to buy company stock. I suppose the risk is that you invest $1250 to exercise the options, and then cannot sell...

How do I properly separate from a partnership so that I am not liable for my partners actions?

Depending on the circumstances, it could be as simple as a two line resignation letter sent to your partner, and perhaps also to the LLC's main...

In theory, just changing the company name does not affect the validity of contracts, and it would be unusual for contracts to prohibit a change of...