What happens if shareholders walk away from an equally held private corporation?
It is not possible to simply "walk away" from being a shareholder. A shareholder is the owner of a business until he or she sells his shares to...
York, PA
Business Lawyer at York, PA
Practice Areas: Business, Commercial, Real Estate
It is not possible to simply "walk away" from being a shareholder. A shareholder is the owner of a business until he or she sells his shares to...
Did other family members in your husband's family or any other people sign personal guarantees for this same commercial loan? If so, this can...
Also keep in mind that Pennsylvania has a home improvement contractor law that would be applicable given the facts stated in your question. Any...
State laws differ with regard to corporations and I practice in Pennsyvlania, but if you formed a corporation, you and your friend are shareholders...