Archived
My Lawyer is my trustee. He is retired now from a law firm that he was a partner. I assume someone is doing his work
Matthew's answer
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Answered on July 15, 2014
Is the individual appointed or the law firm? A trustee has a fiduciary duty - this is the utmost legal duty. I would speak to an attorney and...
Archived
Can text messages not pertaining to a certain investigation be used to open a new investigation
Matthew's answer
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Answered on July 15, 2014
This is a complex question and one that is very fact intensive - the best advise is to speak to an attorney.
Archived
Can two LLCs come together to form a new LLC where they have 50/50 interest?
Matthew's answer
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Answered on July 15, 2014
I assume the two LLC's are intending on working together in a "Joint Venture" type arrangement. To directly answer your question, yes, you can...
Is it possible to have a 13 year old person as a member of an LLC?
Matthew's answer
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Answered on July 07, 2014
Statutorily, there is nothing that prohibits a member from owning an interest in an LLC. The issue is compounded, however, if you intend to allow...
Archived
Who draws the Shareholder Agreement and who has to approve it to become official binding agreement?
Matthew's answer
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Answered on July 07, 2014
I agree with my colleagues. To expand, the adoption of a shareholder agreement, which is a private contract among the shareholders, doesn't...
Archived
Rights of a minority shareholder of an LLC
Matthew's answer
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Answered on June 23, 2014
Your entitled to FMV for your shares - I agree with my colleagues, contact an attorney to discuss your rights.
Archived
Can a private Maryland Corporation issue shares of stock to a foreign corporation?
Matthew's answer
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Answered on June 19, 2014
From a federal level, there are significant securities regulations that an entity must comply with when issuing shares. This applies regardless of...
Archived
How do I remove a member from my LLC without dissolving the LLC?
Matthew's answer
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Answered on June 19, 2014
Assuming this is a NY LLC, the entity does not automatically dissolve when a member leaves, unless the Operating Agreement so provides ... Is there...
Archived
Does a dba under a corporation share SUT Nexus with the parent corporation?
Matthew's answer
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Answered on June 18, 2014
You are both the same d/b/a? Or is it two different d/b/a's? It is a fully owned subsidiary? Is it a C Corp. or S. Corp? I would run this by...
Archived
WHAT ARE THE RIGHTS OF A CO-SIGNATORY IN A COMPANY
Matthew's answer
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Answered on June 18, 2014
We need some more details - is it a Corporation or LLC? You do not have rights to shares or in shares unless you are a shareholder. You can be...
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