Is it normal to sign as a personal guarantor for a commercial lease for a restaurant?
Yes, it is customary because landlords do not wish to be left with a judgment against an LLC with little or no assets. Unless the LLC has...
New York, NY
Business Lawyer at New York, NY
Practice Areas: Business, Limited Liability Company (LLC) ... +4 more
Yes, it is customary because landlords do not wish to be left with a judgment against an LLC with little or no assets. Unless the LLC has...
I'm sorry to learn of your problem. This is not a matter of LLC law, so I am re-categorizing your question so that it may be answered by...
This is largely an issue for a divorce attorney and dependent upon whether it is a community property State. However, in addition to a pre-nup, you...
No, you would require all 3 members to expel a member pursuant to the language that you cited. You should review the entire agreement and your...
Even though this involves an LLC interest, the issue is one of divorce law and should be addressed to a New York Divorce Attorney, so I am re-–...
Transferring the obligation to perform management services to an LLC might insulate you from liability associated with those services, but will not...
You should inform the collection agency, in writing, that you dispute the claim and request evidence of the alleged default. The, hire a Debt...
I believe you just asked a related question. Yes, you can have a fellow LLC member who is not based in the US. Your partner will not need to be in...
You will argue what makes most sense from your perspective based on any supporting documentation and any helpful statutes and case law. Ultimately,...
Yes, you can own an LLC with a nonresident fellow member. However, you need to take care that your activities in the US do not compromise your visa...