Archived
How to dissolve LLC company with 3 partners which invests abroad and become shareholders of the foreign subsidiary owned by LLC?
James's answer
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Answered on August 29, 2016
The 3 members of the LLC should follow the dissolution process set out in the LLC operating agreement - probably a written consent signed by all 3...
Archived
Can you be held personally responsible for an Incorporation?
James's answer
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Answered on August 29, 2016
A corporation can franchise its operation by registering its trademarks and business model under applicable franchise laws. A NY corporation can be...
Archived
Can a contract be voided if you can documented proof that a business contract was fraudulent?
James's answer
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Answered on August 29, 2016
I believe you asked this question multiple times. If the only document is a bill of sale, you will have a tough time establishing fraud by the...
Archived
My boyfriend and I bought a 45ft trawler together we paid 30,ooh I put in 10,000 I am equal partner on the title the relationsh
James's answer
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Answered on August 29, 2016
It depends on how the title was registered, but you probably are tenants-in-common. You should enter into a partnership agreement specifying the...
Archived
Which corporation has the least liability a LLC or S corp?
James's answer
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Answered on August 29, 2016
Except in unusual circumstances, the liability protection will be the same whether a business is conducted in an LLC or a corporation, and...
Archived
Legally, am I responsible for repaying back the money?
James's answer
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Answered on August 29, 2016
If you received funds in error, you are obligated to return the funds. That's especially the case if you wish to keep your job.
Archived
What legal options do I have as a small business to collect the remainder of a contract?
James's answer
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Answered on August 29, 2016
Unless you have a lien law that applies to installed cabinets or your contract provides for another enforcement option like binding arbitration,...
Archived
Do I have to ask the plaintiff as to why their complaint alleges a purchase date that is different from the bill of sale?
James's answer
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Answered on August 29, 2016
You should consult with an experienced Litigation Attorney as to whether it would be preferable to raise the issue now or await later submissions....
Archived
I Believe my husband has been ripped off after reading his "Bill of Sale" of his Restaurant purchase last year
James's answer
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Answered on August 29, 2016
If all you have is a bill of sale, you will have a tough time prevailing in a fraud action against the seller. It should have been documented in an...
Archived
I formed LLC company, and have two commercial properties in the LLC . Originally we formed it for our protectin
James's answer
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Answered on August 29, 2016
You should consult with an experienced Business Attorney to discuss whether multiple LLCs makes sense for your situation. You well may prefer to...