I agree 100% with my colleague Chris. There was no need to form the entity in DE. The advantages of filing in DE are mainly for publicly traded...

Will I have a penalty for breaking a commercial lease in Washington if some else is willing to lease the space?

The terms of the lease you signed for the commercial space will govern. If you have someone willing to "take over" the lease I would review the...

Can we discontinue or cancel an agreement that we signed with?

You have not provided sufficient information to provide you with an answer to your question. However, if you just signed the contract for a...

What are the landlord obligations and duties when a tenant has abandoned a commercial space? How do we evict such a tenant?

Your rights to take back the space and re-let it are governed by the lease between you and the tenant. Most commercial leases provide that a...

Should I give a new lease to my commercial tenants?

The old owner's attorney or your attorney should have prepared an assignment of all rights and obligations under the lease to you. This is a...

Your rights are defined by the franchise agreement that you signed. Additionally, certain states (not OH) may also provide rights to franchisees. ...

Do we have to have two EIN from the IRS?

From the facts presented you should have 2 separate companies whether corporations or limited liability companies with separate EINs and separate...

Do I file a claim against the Jackson Hewitt corporation or the franchise owner?

If the work was performed for a franchisee of Jackson Hewitt it is likely a separate business entity owned independently from Jackson Hewitt, the...

Can I void a commercial lease?

As a franchise and commercial lease attorney, I can tell you that what you have described certainly seems to give rise to a great claim against the...

Selected as the best answer

If you've established a product&brand as an LLC but never opened a banking acct., is the operating agreement still binding?

The LLC Operating Agreement is what will govern the dissolution of the LLC and the distribution of the funds. A seperate bank account would have...