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What should the order be when forming an LLC in NYS? articles of organization, DBA, liability insurance, tax ID #
James's answer
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Answered on January 19, 2018
The order would be: file Articles of Organization to form the LLC; obtain EIN; obtain liability insurance; and apply for license. If you need a DBA...
Archived
CAN I GET MY MONEY BACK?
James's answer
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Answered on January 19, 2018
Hopefully, you were represented by an experienced Business or Mergers and Acquisitions Attorney in your purchase of the business. If so, you likely...
Archived
I bought a lot with an investor
James's answer
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Answered on January 19, 2018
Your facts are unclear - if the lot is owned by you, how can the investor sell it? I suspect the lot is owned by an entity (LLC?) the members of...
Archived
Starting llc
James's answer
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Answered on January 19, 2018
You are not required to operate a business through an entity, but as a sole proprietorship you would be liable for all of the obligations of the...
Archived
Do we need to have an address in NY to form foreign LLC there if we only hired there 1 employee?
James's answer
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Answered on January 19, 2018
The address to which the Secretary of State can mail process served on it need not be located in New York, but the LLC would need a registered...
Archived
What is the easiest way with the best protection for a small family towing business, s corp, partnership, etc?
James's answer
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Answered on January 18, 2018
The primary concern probably will be protecting your personal assets from business obligations, so you should form an LLC or corporation to operate...
Archived
We just got a judgement against a mechanic whose business is protected under a PLC. Can we file a lien against the business?
James's answer
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Answered on January 18, 2018
Absent a fraudulent conveyance or facts sufficient to "pierce the LLC veil," a judgment creditor of an LLC member is limited to charging that...
Archived
How can a business get a judgment against my ex-husband LLC, and name me in the lawsuit, when i was not a member of LLC?
James's answer
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Answered on January 18, 2018
There are too many issues presented by your summary to offer guidance. Generally there has to be a reason (such as a fraudulent conveyance from...
How do I start a hedge fund that is exempt from SEC and NY State registration requirements?
James's answer
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Answered on January 18, 2018
Put simply, you must retain a Securities Attorney who is experienced with hedge funds. The registration/exemption issues apply both to the...
Archived
Can I get my bonus from previous years if I resign or being let go?
James's answer
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Answered on January 18, 2018
Assuming the stock or options are issued pursuant to a plan, the terms of the plan will dictate issues such as vesting. You should consult with an...