Liability insurance may be a good option for your startup, but you should realize its limitations. Unlike a properly organized and operated limited...

What happens when k-1 income, s corp, 50/50, is not divided, other party just spend

It depends upon the terms of the company's organizational documents and the uses of the company funds that were spent. Assuming the funds were not...

Business is registered with dept of state and revenue and as fictitious name in PA, but, being used as LLC for another company.

You are encountering the difference between trademark registration (which would protect the name against competitive use) and name availability for...

My and approx. 30 others current employer is demanding we sign a Non Compete letter or face termination. State Virginia?

Non-competes generally are disfavored unless there is a strong rationale (e.g., upon sale of a business) because they would prevent the employee...

I am changing the Practice Area so that your question might be answered by Employment and Labor Attorneys.

Will I be able to create an LLC that serves as an holding company for brokerage accounts and private company stock?

The basic structure of forming an LLC to pool its members' investments is workable assuming compliance with applicable regulations. Technically,...

As Mr. Goodman stated, the issue is determined by the organizational documents of the club. It sounds like the club may be an unincorporated...

What does it take to change a business name in Texas we are a franchise with an LLC and DBA?

A simple change of the LLC's name and/or the assumed or fictitious name (DBA) changes nothing - the entity still exists and you still own 50% of...

When establishing an LLC in Delaware, what is the most advantageous structure?

You should not confuse tax classification with the form of entity. The default classification of a SMLLC is a "disregarded entity" (reported on...

If the company is forfeited, its name is available for others to use, as is confirmed by your search. You should know that availability for...