One way NDA, penalty or not penaty?

There should always be consequences should a party violate the NDA. Using the confidential to their benefit is more akin to a non-compete, as...

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Can I be fired from the business that I co-owned without paperwork, without being paid out?

There needs to be a contract among the partners. But, good news -- the contract can be either express or implied, written or oral. If your...

Does one need to be an accredited investor to invest services in exchange for stock?

The Company is responsible for ensuring that the shares it issues, whether for cash or services, meets an exemption under the Securities Act of...

As a first start lawyer, what kind of documents do I need to receive from a new client?

It all depends on what you are doing for the new client and what type of legal advice you will be providing. The most important thing at the start...

Setting up an LLC

Typical range varies depending on the location of the LLC and whether or not that is the most advisable legal entity from which to choose (versus S...

Should I negotiate my separation agreement and ask for back commissions?

I agree with the posts to seek local counsel to help negotiate for you. This is not a situation where you want to do it pro se, by yourself, and...

What is issued as proof of stock ownership?

A signed board resolution legally binds the corporation to have the shares issued. So technically if the board has authorized the issuance, the...

Is the following situation a breach of contract?I understood that coaching hours were not part of the base salary.Details below.

Seems to me that office and administrative duties are not "coaching". Coaching would be separate and apart from office and adm duties. Best to...

Do I need to change my organization's name?

If the company is also doing business in the US, you might need to find another name. You may also not be able to find an internet domain name for...

Has anyone heard of a realtor requesting a deposit from the SELLER in a contract that was to be returned?

Seems quite odd. I have never heard of an agent requesting a deposit. I would contact the Monmouth County Board of Realtors and see if the...