Archived
What can I do when my business partner will not allow me to make the proper adjustments to our business to keep it from failing?
James's answer
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Answered on January 04, 2017
You should review the operating agreement with an experienced Business Attorney, but absent a solution in the agreement, your main options are a...
Archived
How and Which state should I establish our LLC because I and my partner lives in different state?
James's answer
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Answered on January 04, 2017
You should consult with an experienced Business Attorney to assess the relative merits of MD versus VA (cost, reporting, disclosure obligations,...
Do I need a liquor license for a 'Private Member Club'? Saint Paul, MN
James's answer
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Answered on January 04, 2017
I am changing the Practice Area so that your questions might be answered by Minnesota Business Attorneys. You should consult with a Saint. Paul...
Archived
Do I need to register my MA based precious metals business with the state of TX to send my metal to be refined?
James's answer
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Answered on January 04, 2017
I agree with Mr. Lautin that you should engage an experienced Texas Business Attorney, like Mr. Lautin, to assess whether the nature and level of...
Archived
Investment company - legal structure?
James's answer
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Answered on January 04, 2017
I assume you are describing a hedge fund, private equity fund, or venture capital fund rather than an investment company. Investment companies are...
Archived
How do I add a DBA to a LLC that would be taxed different?
James's answer
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Answered on January 04, 2017
Your question is unclear. A DBA is simply a filing to give public notice that a named individual or entity is doing business under an assumed name;...
Archived
Maryland writ of garnishment 2-645(b) (non wage) related questions (details below)
1. Bank account levy
James's answer
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Answered on January 04, 2017
If your judgment is against an individual person, you can collect that judgment only against assets of that person. The judgment could not be...
Can I redraft an LLC Operating Agreement to exclude a Member who has not signed the agreement?
James's answer
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Answered on January 04, 2017
An ope rating agreement is not filed with a State and, aside from certain annual report requirements, the members of an LLC typically are not...
Archived
What is the legal responsibility for a startup's CEO in the scenario below?
James's answer
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Answered on January 04, 2017
A lot of things are unclear from your recited facts, Joey. Did the company comply with securities laws when it issued the shares to you originally?...
Archived
Received gift funds on dec 30th 2016 for 2016 not deposited as of Jan 2 2017
James's answer
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Answered on January 03, 2017
Receipt of gifts are not taxable to the recipient. It's possible the donor may have to file a gift tax return and pay gift taxes, for the year of...