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I am in a Partnership with my 3 siblings, we all own 25%. The Agreement states that all Partners shall "Participate" in the
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Answered on August 24, 2013
Your question raises troubling issues of self-dealing, misappropriation of corporate opportunities, potential breaches of fiduciary duty, and...
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Can you refuse judge's request to go to his chambers?
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Answered on August 20, 2013
If it is a record you want you could certainly insist that a court reporter accompany you into the judges's chambers. But why refuse the...
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When is a prenuptial agreement not worth having , a bad idea or just a waste of time and money?
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Answered on August 18, 2013
Do not take offense but your question comes across as cynical. In the right circumstances, prenuptial agreements are just as important as any...
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Is it considered employment discrimination?
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Answered on August 18, 2013
The depth and scope of your question about the interpretation of an employee handbook requires fact-specific answers that can only be offered after...
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I manage my family's Partnership and the PA states that all partners participate in the management but no payment is received.
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Answered on August 18, 2013
I believe I answered some of the questions you asked in an earlier post. Because your brother engaged an attorney and filed a complaint you need to...
Formed LLC 2 years ago in NY & never did anything with it (never started business). Would I owe taxes? Do I need to do anything?
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Answered on July 28, 2013
NY LLCs must register with the state and file annually thereafter. Speak to your business accountant concerning the requirement to file these...
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Can an attorney hold escrow monies hostage for something other than it's original purpose?
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Answered on July 28, 2013
I agree with my colleague. More facts are needed about the nature of the trust agreement and the errors on the HUD-1. By signing the settlement...
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I manage a partnership with my siblings and have been paying myself a 10% rental commission for the past 15 years.
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Answered on July 28, 2013
I agree with my colleagues that your question raises serious issues of fiduciary duty and fair dealing you owe to your partner-siblings. New Jersey...
Can i be sued personally if my LLC is being sued?
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Answered on July 26, 2013
New Jersey limited liability companies are so named because they are intended to shield the owners from personal liability. Most states follow this...
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Securties Law. my LLC (party B) is going to borrow $3 million from 10 people (party A), the LLC is then going to re lend the
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Answered on June 29, 2013
I agree with my colleagues. Suggesting off the cuff advice in this forum for a $3M borrowing is foolish in the extreme. You need to engage the...