Archived
What type of stockholder/Board approval do we need for this operation according to Delaware law? Our formation docs say nothing.
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Answered on May 04, 2016
At the outset, I will note that a comprehensive description of corporate procedures related to an asset sale is not possible here. Having said...
Archived
Is shareholder authorization required for a change of corporate name of a Delaware corporation?
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Answered on February 07, 2016
Typically, an amendment to the certificate of incorporation requires the approval of a majority of the board of directors and no shareholder...
Archived
Want to open a startup business in Delaware, how much would I spend?
Christopher's answer
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Answered on November 04, 2015
The registration and maintenance fees for forming a Delaware entity vary by entity type. Below I have included a link to the Delaware Secretary of...
Archived
Personal bank account to receive business transfers
Christopher's answer
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Answered on October 14, 2015
More facts are needed to provide a definitive answer, but here are some basic guidelines. Your LLC's operating agreement governs the operation of...
Archived
Who can sign off on a Deed of Reconveyance on a Delaware Corporation that has a voided status?
Christopher's answer
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Answered on October 06, 2015
The corporation's charter, bylaws and organizing resolutions should specify whether the board of directors has appointed officers and what duties...
Archived
US Subsidiary of Foreign Company and Payments.
Christopher's answer
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Answered on September 18, 2015
It should be possible to structure the agreements with your suppliers to achieve the payment scheme that you describe in your post. One of the...
Archived
Change LLC initial resolution
Christopher's answer
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Answered on August 27, 2015
The answer to your question depends on your LLC's operating agreement. The operating agreements of LLCs often contain a list (and sometimes the...
Delaware LLC Administrative Dissolution
Christopher's answer
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Answered on July 14, 2015
A Delaware LLC is cancelled/voided for failure to pay franchise taxes three years after the date on which the unpaid franchise taxes were due. ...
Archived
Hw to dissolve a 50/50 Delaware LLC, on a template operating agreement and prevent full ownership to estranged partner?
Christopher's answer
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Answered on June 22, 2015
As an initial matter, you will need to review the operating agreement's dissolution section in order to determine how dissolution must be...
Archived
If someone forged my name in a form for a dissolution of a llc, the other member of my LLC can sell their membership interest
Christopher's answer
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Answered on June 21, 2015
This is a complex situation and a complete analysis is beyond the scope of this forum. However, based on the facts that you have provided, you may...
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