What is the board status of a board member whose 3 year term has expired and no general elections were held because of a lack of
James's answer
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Answered on May 22, 2017
You should review the terms of the Bylaws, but they almost certainly provide that the terms of directors continue until their successors are...
Archived
Letter of credit
James's answer
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Answered on May 22, 2017
I agree with my colleagues. If you have a letter of credit issued by a legitimate financial institution, you only need to establish compliance with...
Can a church legally charge rent for an empty parsonage and not jeopardize their not-for- profit status in Indiana?
James's answer
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Answered on May 22, 2017
The church may be able to rent out the property, but depending upon the terms of the lease (including the identity of the tenant in the amount of...
Archived
Can personal (medical) debts (handed over to collection agencies) affect a newly formed multi member LLC?
James's answer
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Answered on May 22, 2017
The personal debts of a member of a multimember LLC will not directly affect the assets or operations of the LLC. However, the membership interest...
How would I dissolve a business partnership with an ex-boyfriend?
James's answer
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Answered on May 22, 2017
First, you need to clarify whether you and your ex fiancé were partners in a partnership or members in an LLC. The applicable law differs depending...
Archived
I am not business man but had put money in business with someone i met at Church. they played game of scamming me & others
James's answer
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Answered on May 22, 2017
It appears that you may have been the victim of securities fraud and should consult with an experienced Securities Attorney to evaluate bringing an...
Archived
How to Form a LLC when you live In Va but your business is soley in Las Vegas?
James's answer
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Answered on May 22, 2017
You should search for an experienced Nevada Business Attorney to assist you in forming and organizing the LLC and complying with all applicable...
Archived
Do I need to have a business already setup before I submit a business plan to Investors.
James's answer
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Answered on May 22, 2017
I agree with Mr. David. You can pitch your business plan to investors and even offer preformation interests in the business, depending upon the law...
Archived
What are my rights to continue business as a tenant if my land owner business partners are demanding I cease immediately?
James's answer
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Answered on May 22, 2017
Although the landowner business cannot force the tenant to cease business, it can require the tenant to vacate the premises upon termination of the...
Archived
Is my 3 day notice improper?
James's answer
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Answered on May 22, 2017
I am changing the Practice Area so that your question might be answered by Landlord-Tenant Attorneys.