Bar License in New York City - is the license goes with the bar or the owner

In NY, this is scenario results in a twist on the often preferred manner in which to purchase a business. Often, purchasers are advised not to buy...

LLC Question

Another thing to keep in mind as a piggyback to the post above, which is absolutely correct is that simply by having an LLC, your personal debts do...

That can be a very complicated question if said funding is constant and ongoing. However, having a reimbursement agreement with the LLC is a...

Patent contract law. I assigned patent rights to a company but never recieved the consideration stipulated in the contract.

I am sorry to hear about your predicament. However, you cannot really expect to get a definitive answer here. There are multiple issues at play...

What you describe is generally a violation of most not for profit principles. Typically it is a not for profit corporation that is properly...

How do I structure these businesses

Perhaps the simplest and most effective route is to establish two separate LLC's for each company. The reason being is that the LLC is an asset...

Doing business as old company name

The answer to this question depends on who owns the ""goodwill" and "trademark" of the former company once one of the members leaves. Typically an...

Tax paid by nonresident multi-member LLC based in Wyoming running internet business

You should consult with an accountant that is experienced in tax planning and preparation for internet companies. That being said, as a general...

I am about to buy a half interest in a friend's pleasure boat. Rather than just titling in two names, should we form an LLC?

It is a common practice to setup an entity such as an LLC to encompass a partnership, including one that revolves around a specific property (i.e.,...

You will have to consult with a local attorney familiar with "business divorce" litigation. Some states have statutory provisions allowing for...