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James J. D'Esposito's Answers (7982)

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Archived

What is the best way to provide equities in friends and family round?

James's answer | Answered on June 26, 2017

I agree that you should consult with an experienced Securities or Corporate Attorney, to adopt the best structure for the corporation's capital...

Archived

If the court awards 50% of a corporation to a rightful shareholder how are these shares distributed from current shareholders?

James's answer | Answered on June 26, 2017

Subject to any contrary terms in the Court Order and assuming the Corporation has a sufficient number of authorized shares, the Corporation should...

Archived

If the court awards 50% of a corporation to a rightful shareholder how are these shares distributed from current shareholders?

James's answer | Answered on June 26, 2017

Subject to any contrary terms in the Court Order and assuming the Corporation has a sufficient number of authorized shares, the Corporation should...

Archived

I have S-corp incorporated in PA and performed business in PA.

James's answer | Answered on June 23, 2017

Regardless of whether you have an LLC or a corporation (or an LLC that elected S Corp status for tax purposes), the company will need to qualify to...

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Separating personally but want to keep our business going together for now.

James's answer | Answered on June 23, 2017

You have many questions of a fundamental nature and they go beyond the limits of a Q&A forum such as this. If I understand your facts, you own some...

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Can you quitclaim a property held by an LLC?

James's answer | Answered on June 23, 2017

If the LLC owns the property, your father cannot transfer the property (he doesn't own it). What he does own is a membership interest in the LLC...

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Registering Multiple business (single or multiple LLCs?)

James's answer | Answered on June 23, 2017

I understand your craving for simplicity, but having different investors for different businesses does not lend itself to a simple structure. The...

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Should I file an Scorp or LLC?

James's answer | Answered on June 23, 2017

I agree with my colleagues that an LLC probably would fit your situation well. If your profits increase to a point where you might be able to...

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Can i start up a company servicing another companies product. Like multi lift systems for handicaps to enter a automobile.

James's answer | Answered on June 23, 2017

Yes, but you can't present yourself as an authorized affiliate of the manufacturers without actually obtaining that status. In addition, as an...

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I'm a college student with a startup company in mind? The main question is quite complicated?

James's answer | Answered on June 23, 2017

Your facts are not clear, but it sounds like you might envision an investment club. Those typically consist of accredited investors to whom...