During a deposition, if I'm asked how much money my LLC had made in the last few years, can I decline to answer?
James's answer
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Answered on July 13, 2017
I agree that it depends upon whether the operations of the LLC are pertinent to the subject of the litigation. Your Litigation Attorney should be...
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Can I assign my interests as sole member.owner of LLC to continue lawsuit if I am disabled and un able to do prosecute pending
James's answer
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Answered on July 13, 2017
I'm sorry to learn of your disability. As Mr. Green stated, the simplest approach to your situation is for the LLC to engage an attorney to pursue...
Archived
Can two LLC Members sue each other in small claims court in South Carolina?
James's answer
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Answered on July 13, 2017
Two members of an LLC can bring actions against each other (in Small Claims Court if the claim is within the dollar jurisdiction). Before doing so,...
Archived
What are the penalties fed/state level for claiming on company website, ads, linkedin etc you are an LLC if you are in fact not?
James's answer
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Answered on July 13, 2017
I am not aware of any consequence of holding one's business as an LLC without actually forming one. Of course, the company does not enjoy the...
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Can a corporation make me the president without me signing anything??
James's answer
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Answered on July 13, 2017
The corporation's Board may have elected you as President but you are not obligated to accept the position. If you are not interested in the...
Archived
Attorney for a closing
James's answer
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Answered on July 12, 2017
You should look for a Business Attorney who is experienced with real estate transactions to handle the sale of the LLC's property (use the Find A...
Archived
How can i know that am i 100% owner in my manager managed llc ?
James's answer
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Answered on July 12, 2017
Upon formation of the LLC, the organizer (you) should have executed an Organizer's Statement that appointed the members and managers of the LLC....
When Creating a Residential Lease under LLC, Is the agreement made under the LLC name or the authorized member?
James's answer
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Answered on July 12, 2017
The LLC owns the property, so it is the landlord under any lease of the property. Be sure to sign the lease as manager or member of the LLC, and...
Do I have to define members of my LLC to the state of Maryland?
James's answer
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Answered on July 12, 2017
First, you should clarify whether the others are members (owners) of the LLC or whether they are employees who are compensated based on the profits...
Archived
Start small business or self employment with L-1B
James's answer
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Answered on July 12, 2017
I am changing the Practice Area so that your questions might be answered by Immigration Attorneys. Unless your activities are permitted under your...