Is it best to just stay in New York to form an LLC or go elsewhere? What are the costs of New York? Thank you.

First, you need to understand the differences between and LLC and a "C" Corporation. A "C" corporation will pay taxes on the profit it generates,...

What legal recourse do I have for a contract with a Costa Rican company?

The Arbitration Clause also needs to be properly drafted as they are not one-size-fits-all. There can be a number of questions relating to, for...

How to pay an investor extra for first 12 months?

There is a great deal to consider here, including with respect to the actual rules with respect to taking in an investment, how the company is...

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What is the most cost efficient way to get term sheets for venture capital investment reviewed by lawyers?

It is important to engage a lawyer with actual venture capital investment experience -- one who regularly prepares term sheets, negotiated private...

It is important to understand that Terms of Use and Privacy Policies are not one-size-fits all. The misperception is that these policies can be...

Does a written operating agreement for a New York LLC require unanimous consent for adoption?

NY LLC Law requires LLCs to have an Operating Agreement. However, a member is not bound by an Operating Agreement that it does not sign. If an...

It is important to have any attorney handle the matter, especially one knowledgeable in business/corporate law matters. Understand that the sale...

One way NDA, penalty or not penaty?

There are two types of actions: one in law (which seeks money damages) and one in equity (which in this case allows the court if you prevail to...

Setting up an LLC

It would be best for you discuss with an experienced business lawyer off line as there are several matters to consider, especially relating to the...

I am offered stocks by a newly set up Company , can I use my Corporation to own those stocks offered

You can use a corporation to own the shares of another entity. Before accepting the shares, however, you should do your due diligence on the...