How can franchises be copied by another startup franchise with the same premise?

Copyright infringement issues are complicated and depend on specific facts and circumstances of the particular situation. However, a generic...

What is the partnership ratio, if there are two partners and one holds 10% more than the other partner?

Tough question to answer without seeing the LLC governance documents such as the Articles of Organization and Operating Agreement. While LLCs...

Settling dispute between customer and my business. He said - I said issue....

I concur with the input you've received for the others, but would also suggest you consider the potential negative impact to your business that can...

Massage therapy is one of many professions regulated by the Virginia Department of Professional and Occupational Regulation (DPOR), the Board of...

In Virginia, is it acceptable to use the word University in the entity name, if no degrees are offered?

In addition to the other posted feedback, I'd also direct your attention to Code of Virginia Section § 23-276.10 to analyze its possible...

I have a $500 promissary note from August 2012, can I still sue for the unpaid funds in VA?

Unless the promissory note provides otherwise, you should still have plenty of time to sue to collect unpaid amounts overdue under the note. You...

I have an LLC that I own and would like to bring in a partner at 33/66. Is that done through a partnership agreement or

Ownership of an LLC is not a matter of public record with the SCC, so adding a partner would be memorialized by one or more contractual agreements,...

I am the POA for my mother, however one of her financial institutions will not accept accept my POA paperwork because my

An attorney would have to review the relevant documentation (e.g., the Durable Power of Attorney, the bank account documentation, and applicable...

Can a Franchise transfers failed franchises to an existing franchisee Vs back to Franchise to make #'s on FDD better. legal?

Generally speaking, the answer is yes, this is OK (depending upon the specific facts and how the transfer is structured and documented). Remember,...

I know it's not typical, but can an LLC owner give a personal guaranty to an investor to return his/her original investment?

Yes, this can be done, but you should consider: (1) compliance with federal and state securities laws (e.g., adequate disclosure of all material...