Archived
If we walk away, are we, the new LLC owner, or the original lessee responsible for the remainder of the lease, or is the origina
James's answer
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Answered on May 16, 2016
It's unclear from your question what exactly occurred and the facts will determine the answer. If you assumed the lease in a signed writing, you...
Archived
How can I get an
Articles of Incorporation or Articles of Organization (LLC) to be an independent business owner?
James's answer
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Answered on May 16, 2016
It's not clear from your question how forming an LLC will help your problem about getting paid for services rendered, but to answer your question,...
Archived
Based on what I said above, what type of attorney should I hire or who should I hire to help me?
James's answer
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Answered on May 13, 2016
An experienced Business Attorney will be able to help you sell your business. If you're looking for an introduction to a particular potential...
Does incorporator carry liability for client business?
James's answer
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Answered on May 13, 2016
While you should take heed of the warnings against acting as an incorporator, to answer your question an incorporator signs an Incorporator's...
Archived
My LLC owns the trademarks for different brands-if the company is dissolved who owns the trademarks? I am 51% owner--
James's answer
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Answered on May 13, 2016
Unless the issue is addressed in your operating or LLC agreement, the trademarks likely would be sold (and the proceeds distributed among the LLC...
Archived
How do they pay us, under our business name or legal names?
James's answer
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Answered on May 13, 2016
You should amend the contracts to name the LLC rather than you, the individuals, as parties to the contracts. Absent that, you might assign the...
Archived
Would an Internet startup need the foreign qualification registration?
James's answer
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Answered on May 13, 2016
The question of what level of activity constitutes doing business in a particular State so as to require qualification is a fact question that...
Archived
Can this be structured in an LLC operating agreement? or is it better to pay royalty to the partner? how would that fit?
James's answer
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Answered on May 12, 2016
The LLC provides an extremely flexible platform that can allocate profits, losses, and distributions differently for different subsidiary entities....
Archived
If you buy or sell equity in a company, does the equity owner have claims to ownership of new investments?
James's answer
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Answered on May 12, 2016
Respectfully, the phrasing of your question has caused confusion - it's the use of the word "reinvested." If the company sold new equity to the...
Archived
Do I need an accountant or a tax attorney?
James's answer
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Answered on May 11, 2016
An experienced Business Attorney will help you structure the transaction and prepare the documents. A tax attorney or a sophisticated tax...