Can a member of a 50/50 LLC with no Operating agreement (based in Nashville, TN) remove themselves from the LLC?
Michael's answer
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Answered on September 18, 2018
There is not enough information to answer your question. The threshold issue is whether you are governed by the Tennessee Limited Liability...
How can I do a LLC name change to include my dba? I submitted a name change request but it was rejected due to DBA acronym being
Michael's answer
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Answered on September 18, 2018
I know of no reason why you would want to have the dba name as part of name under which your business is formed. The reason that an entity files...
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Can employee enforce contract?
Michael's answer
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Answered on September 18, 2018
I agree with my colleague that you should consult an attorney. In most cases, contracts do not have to be in writing. Also, in most states,...
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Pros and cons of having a member of the business use their credit to get a loan?
Michael's answer
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Answered on September 15, 2018
The first question you have to ask yourself is what incentive is there for another member of the LLC to guaranty a loan taken by the LLC? If you...
How to get a lien off a vehicle when the business no longer exist?
Michael's answer
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Answered on September 15, 2018
When a company goes out of business, the assets of the business are usually sold off and the cash is usually distributed, first to creditors and...
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I have LLC Jammin Jumpers and another person is using the name in Texas is that legal? I am registered through Texas.
Michael's answer
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Answered on September 14, 2018
You do not provide enough information to give you an adequate answer so I will provide some general guidelines.
The only way to protect your...
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Does a non compete agreement apply to hourly employees?
Michael's answer
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Answered on September 14, 2018
Chances are that the non-compete agreement is not valid if you are employed in Oregon and the agreement is governed by Oregon law. Oregon has a...
Can I get money form a business if they receive and sell my stolen equipment
Michael's answer
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Answered on September 13, 2018
You can sue the business and sue the store manager. Whether you will recover anything will depend on what the business knew and the status of your...
When an NDA is breached by a potential buyer, can the business owner receive full appraised value of his company?
Michael's answer
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Answered on September 09, 2018
There really is not enough information to give you an answer. Assuming the NDA is a contract (at least you hope it is as many NDAs are signed...
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Can i get the dj name i use llc for free?
Michael's answer
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Answered on September 09, 2018
As my colleague suggested, all states have a filing fee. That being said, it is usually less then $150 depending on the state. Getting an IRS EIN...
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