Archived
Corporate Question: If i want to specify how shareholders should go about selling their shares in future should they desire so..
Robert's answer
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Answered on May 04, 2015
I agree with below but would add that at this time you should consider a "spousal consent" in the case of divorce and permitted transfers to...
How do I dissolve a corporation in Delaware that's never in business to avoid the high franchise tax?
Robert's answer
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Answered on May 04, 2015
To be honest, I would just Google "dissolution Delaware corporation 275". It will give you the forms and instructions. Note: it may not an...
Archived
Buying out partner in corporation, what additional steps to take?
Robert's answer
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Answered on May 04, 2015
You do need a lawyer. Make sure the company does not make any representations to the ex partner in any agreements unless you are sure they are...
How to remove and/or buyout a shareholder/director from corporation?
Robert's answer
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Answered on May 04, 2015
The only thing I would add is make sure there is agreement and documentation that the company owns all of the intellectual property. This would...
Archived
Is it possible to set up a nominee-like (i.e. eBay, Amazon) structure to give 85% of revenue to non-profit orgs and how?
Robert's answer
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Answered on May 04, 2015
LLCs taxed as partnerships generally allocate profit and loss to its members. However, LLC are very flexible. You can allocate revenue to the...
Archived
How do I separate my business with someone I share the same facility and business name with?
Robert's answer
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Answered on May 04, 2015
List out all assets and liabilities of the business, including clients and intellectual property (including name, websites, phone numbers). Then...
Archived
Employment agreement breach
Robert's answer
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Answered on May 04, 2015
Assuming the employment agreement is under Virginia law, then in addition to the below, note that the Virginia law does not enforce all...
Archived
For sports apparel: how is it legal to use a player's name, number and color of a team on a product without needing a license?
Robert's answer
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Answered on May 01, 2015
Note. What previous attorneys say is not only true, but possible worse than they says...and they say it will be bad.
Archived
I'm a photographer that wants to start up a photography business. What are my first steps?
Robert's answer
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Answered on May 01, 2015
First of all, I was a professional photography for a few years, so cool. If it works, it is great. You need to understand how to start a...
Archived
Should I honor verbal agreement and buy out an employee who was given 5% ownership of the company now that he is leaving?
Robert's answer
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Answered on May 01, 2015
This is fact specific, but note oral contracts are contracts, and when employees are involved, the state and federal governments may have...
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