Archived
What do we have to do to transfer the LLC ownership to us? Can we be 50/50 co-owners? What do you suggest we do?
Christian's answer
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Answered on February 18, 2016
You are right to consider these options. However, the responses are fact sensitive (for example it appears you will be buying the entirety of...
Archived
We give 1% in exchange of $20.000 of services in advance. Is it correct to say that the valuation of our company, is 2M$?
Christian's answer
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Answered on February 14, 2016
No. There is not necessarily a direct correlation between these numbers but it also begs the question in a vacuum - why are you asking?
Archived
Is it correct to calculate the "Par Value" value by dividing the money I invested on the total number of shares?
Christian's answer
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Answered on January 14, 2016
While I wish you best of luck and applaud your efforts to inform yourself as to the process and common practices, respectfully, this is but one of...
Archived
What is the detailed process of switching ownership titles, or adding, in an INC? Is there a difference if its S corp / C corp?
Christian's answer
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Answered on December 20, 2015
Congrats on looking to sell. That said, there are a number of steps that usually go into such a process and can't address without more information....
Archived
What is time parameters for legal termination of an employee/shareholder in an S-corp?
Christian's answer
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Answered on December 18, 2015
Employment and ownership interests are separate considerations. Employees are generally at will unless there is an employment agreement....
Archived
Am I bound by a non solicit clause in my contract if I was not offered any severance ?
Christian's answer
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Answered on December 18, 2015
Potentially but you should take a quick review with an attorney.
Archived
Need to get rid of a business partner of S-Corp...want to be fair. What's the best way?
Christian's answer
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Answered on December 13, 2015
This is very fact sensitive and as I think you recognize, as much practical as legal. That said, it is unfortunate that you don't have a...
Archived
Joining a new business
Christian's answer
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Answered on December 01, 2015
Generally this can be straightforward but you need to consult an experienced business attorney to review foundational formation documents and...
Archived
Need help from an environmental/real estate lawyer regarding a commercial lease
Christian's answer
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Answered on October 30, 2015
You are right to be concerned given the results of your due diligence. You want to find an attorney sensitive to the issues facing startups --...
My LLC in New Jersey is being sued. It has no assets. Can I simply dissolve the LLC and walk away?
Christian's answer
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Answered on October 20, 2015
Before doing that, you should discuss with an attorney. While only the LLC is named now and you dont think you have any personal liability,...
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