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How does a judgmemt work where I owe an LLC x amount of dollars, where I am a 49% owner of the same LLC?
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Answered on May 17, 2017
You are liable for the full amount of the judgment to the LLC. It is a separate matter of internal LLC decision-making as to what is done with the...
What are the legal requirements for web based health coaching and what would be the best state to form such a business in?
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Answered on May 17, 2017
As regards the State in which to form an entity to conduct the business, unless it is determined that you will need to qualify to do business in a...
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We have a small business we are a s corporation 2 years ago we put up equipment as colateral
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Answered on May 17, 2017
Assuming you have no personal guarantees or other personal liability and no prospects for restructuring the debt so as to pay it off over time,...
Archived
What is the protocol for the name change of a pink sheet corporation?
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Answered on May 17, 2017
The primary action for a corporate name change is the necessary approval of directors (and shareholders, if applicable) pursuant to the company's...
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Archived
What to follow when "until dates" are different on the Passport/Visa stamp and i-94 on the CBP website?
James's answer
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Answered on May 17, 2017
I am changing the Practice Area so that your question might be answered by Immigration Attorneys.
Archived
I-94 expiring due to passport expiry in October 2017
James's answer
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Answered on May 17, 2017
I am changing the Practice Area so that your question might be answered by Immigration Attorneys.
Archived
Is there a way an app developer working from CA but selling globally via Internet, register multiple LLCs, but pay the fee once?
James's answer
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Answered on May 17, 2017
Because you work from California, I agree that the LLC or LLCs should be organized in California. LLCs offer terrific flexibility, and that might...
Archived
Dissolving a LLC without the authorization of the other partner
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Answered on May 17, 2017
The first step is to review the operating agreement to determine whether the other member had the authority to dissolve the LLC without your...
Archived
How can I tell if a business franchise is legit before investing in them?
James's answer
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Answered on May 17, 2017
The process of investigating a company or business for the purpose of investment is called "due diligence," and you should consult with an...
If an LLC member makes a capital contribution of real property to the LLC, would it trigger the "disguised sale" rules?
James's answer
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Answered on May 17, 2017
The issuance of membership interests in an LLC in consideration of the contribution of real property to an LLC does not constitute a "disguised...