Archived
Should an involuntarily dissolved company reinstate or voluntarily dissolve to avoid personal liability of officer?
James's answer
|
Answered on April 03, 2017
You should consult with an experienced Illinois Business Attorney to assess any potential personal liability for the LLC obligation in light of any...
Archived
Can I abandon my LLC incorporated in DE without paying for dissolution state fee?
James's answer
|
Answered on April 03, 2017
If you fail to pay the annual franchise tax fee to Delaware, eventually the State will administratively dissolve the LLC.
Archived
Rental property from personal name transfer to LLC ( self owned ). What are taxable events ?
James's answer
|
Answered on April 03, 2017
I am changing the Practice Area so that your question might be answered by Tax Attorneys.
Can a revoked (by the state) corporation sue another entity?
James's answer
|
Answered on April 03, 2017
Although the revoked Corporation probably cannot bring suit against you, it likely can be reinstated, after which it could institute such a suit....
Archived
When does a LLC need to be in place by?
James's answer
|
Answered on April 03, 2017
There is no time by which an LLC must be formed, but you certainly wanted to be in existence prior to conducting operations so that the limited...
How do I find the owners/officers/directors of a New Jersey business? The business itself may have been recently closed down
James's answer
|
Answered on April 03, 2017
Annual report information is available online from the New Jersey Department of the Treasury.
Archived
Manager of a Manager managed LLC (not an attorney and not member of LLC ) has
authority to draft resolution?
James's answer
|
Answered on April 03, 2017
A manager should have the authority to prepare company minutes and resolutions. It is not a requirement that an attorney prepare such...
Can a plaintiff pierce through a corporation after it, the corp (LLC) has been dissolved?
James's answer
|
Answered on April 03, 2017
As a technical matter, veil piercing is inapplicable because the entity no longer exists. However, if you receive distributions from the LLC in...
Archived
How to dissolve my LLC
James's answer
|
Answered on April 03, 2017
As the debt is owed by the LLC, it may be preferable to leave the LLC in existence, to the extent it has not already been administratively...
Archived
How do you save your business from debt collector's that filed UCC-1's on your business and you closed the bank accounts?
James's answer
|
Answered on April 03, 2017
Assuming the lender has liens against most or the most significant assets of your business, you are forced to satisfy those debt obligations or...