In short, the departing members follow the applicable provisions of the operating agreement, although the language you cite here appears calculated...

I wish you a good outcome in your deal. Lawyers are ethically prohibited from direct solicitation of new clients, so you will need to make the...

Given the kind of lawsuit you described, you will most likely need to consult with a firm that regularly handles complex business and shareholder...

This will be problematic for the short term, although I am sure that eventually you can locate the person at a physical address in order to...

In general, I believe having a will is better than no will (or trust) at all, since estate planning allows the testator (or settlor) to take an...

This sometimes occurs in my experience, but is not a guarantee by any means. I agree with both Attorney Love and Attorney Bollinger in their...

I would consult with a local estate planning lawyer in your community, and discuss whether a will or trust is best tailored to your specific estate...

Assuming that the board hired the lawyer to represent the condo community collectively, it would be the board's decision to terminate the...

I would consult on this matter with a D.C.-licensed lawyer who handles both family law and real estate transactions. Any issues arising under a...

The short and easy answer is yes, but you must pay careful attention to the nuances in your business form. There is nothing illegal or improper...