How to add a business to an LLC?

Unless the purpose clause of the LLC's organizational documents limits the scope of business that it may conduct, the LLC can engage in additional...

What type of lawyer would I need to help me register a business and have them as the agent on record?

An experienced Business Attorney can help you organize your LLC to accomplish your goals, including keeping your identity off of public records (to...

Does a majority shareholder/director of a Del. Corp. have to notify the board if they are approached for a sale of the Corp.?

Directors owe a fiduciary duty of loyalty to a corporation and its shareholders; directors should present such offers to the Board. Naturally, the...

There is no problem with organizing an LLC in a State other than the one in which you reside. However, you almost certainly will need to qualify...

I'm wondering what corporate governance differences there may be between a California close corporation and a general stock?

I agree with Mr. Shultz's fine answer. In my 37 years of practicing law I have never organized a close corporation in any State. They offer fewer...

Can LLC manager work for free?

Yes, there is nothing requiring payments to any or all of the managers. One of the great features of an LLC is the flexibility of structure as well...

Yes, the parties can extend the maturity date and apply the same interest rate during the extension period.

Should I litigate over back-pay?

I agree that your question cannot be answered without more information. At first glance, you may want to examine the process and terms by which the...

What is a corporate acid?

This is a duplicate question or a closely associated one. A derivative lawsuit is initiated by a shareholder on behalf of the corporation because...

In a breach of fiduciary duty claim against directors of a corporation, must shareholder always file a derivative suit?

A derivative lawsuit is initiated by a shareholder on behalf of the corporation because the corporation suffered a loss and the directors failed to...