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Have a contract which is breeched with a LLC for none payment, but with only a copy of contract no signatures on my end
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Answered on August 15, 2016
Yes, you have a cause of action for breach of contract, even without a fully signed copy of the contract. Your burden will be to establish an...
Archived
Am I able to create a company out of my rental properties?
James's answer
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Answered on August 15, 2016
Yes, you can create one or more LLCs and transfer the properties to those LLCs. Depending on the jurisdictions, there may be transfer taxes and if...
Archived
Recovering debt for overseas business entity
James's answer
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Answered on August 15, 2016
Generally, you can assign contract rights and claims unless it is prohibited or restricted by the applicable agreements. You should consult with an...
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Archived
What path to take, fraud prosecution or breach of contract?
James's answer
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Answered on August 15, 2016
I'm sorry to hear about your problem, but it points out the necessity of documenting any material agreement before proceeding with a transaction....
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Can I sell a business if it has not been in operation for 3 or 4 years, as a business.
James's answer
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Answered on August 12, 2016
It sounds like a sale of real estate. Is it owned by you or by an entity that conducted the business? The owner is the one that will realize gain...
My LLC has been sued but I can not afford an attorney to represent my LLC will the plaintiff get a default judgement
James's answer
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Answered on August 12, 2016
If the LLC does not answer, the plaintiff will get a default judgment. This is a problem in States that require an entity to utilize an attorney to...
Archived
If a business lets it LLC lapse but is still operating, paying I/C's etc under that name and still using a DBA, is that legal?
James's answer
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Answered on August 12, 2016
Unless she reinstates the LLC, she could be personally liable for the obligations of the LLC. If you are acquiring the business, you should be...
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Is it better to create 2 separate companies, rather than one umbrella wellness corp, and what type, LLC or S-corp?
James's answer
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Answered on August 12, 2016
You have not given enough information to give a considered response, but generally one would use multiple entities if there are distinct businesses...
Archived
When a startup issues private stock and seeks the 4(a)(2) federal exemption for registering securities, must a form be filed?
James's answer
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Answered on August 12, 2016
It depends upon whether you are relying on a safe harbor like Reg. D (which requires a filing) or on a 4(2) exemption outside of a safe harbor...
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Archived
Can I collect on a default judgment when the LLC has a trust as the owner, has no tax ID, nor any property deeded into the LLC
James's answer
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Answered on August 12, 2016
I believe you already asked this question. You should consult with a FL Litigation Attorney to enforce the judgment, specifically looking at the...