Can I change my ownership percentage?

The answer to your question lies in the Operating Agreement. If the percentage should be changed then it needs to be done via vote by the Members...

Who's responsible of paying the rent and damage repair due to fire in a commercial property while pending lease transfer?

You have made a serious error in transferring the business without getting the Landlord's approval to an assignment of the lease. As my colleagues...

Attorneys are not permitted to promote themselves on this site. You can firms with attorneys in TX to help you. Look for a firm that represents...

What will be the potential legal implication for breaking a rental lease agreement?

I changed the category to Landlord-Tenant since this is not a business question. Good luck.

Contexts for registering and licensing a company

If your consulting business will have potential liability you should definitely form a legal entity to protect your personal assets from that...

I have been getting filed copies back from PA when I form an entity, within a day or two. We file everything online. Not sure why yours is taking...

I think you should consult an attorney and get actual legal advice from someone who understands the franchise and your situation. There are many...

You should be able to just have a written unanimous consent of the Members (you) changing the purpose of the LLC to the new stated purpose. ...

I think you should contact NJ and tell them the situation. It is likely that they will waive the admin fee and just charge the toll.

What are the differences between a mirandum of understanding and an actual contract?

A Memorandum of Understanding (MOU) is typically a non-binding agreement between parties who are expressing an outline or skeleton of terms of a...