Archived
I have a deed of trust and the property owner no longer makes payments or lives on the property. How can I get a deed
Brandon's answer
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Answered on May 20, 2019
I agree with Attorneys Hart and Krumbein that foreclosure is likely your next step. Speak with a local foreclosure or real estate litigation...
Archived
Can I as one-third owner of an LLC require that all members are made aware of any business agreements and jobs taken by the LLC
Brandon's answer
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Answered on May 20, 2019
I commend my colleagues, Attorneys Powe, Maule and Dadabhoy, on their incisive analyses of your issue. Since you refer to a verbal agreement only,...
Is a general counsel a managing member in a LLC?
Brandon's answer
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Answered on May 20, 2019
Generally speaking, the answer is no, but if there is an operating agreement in writing, consult that instrument before making any concrete...
Archived
Finding the right court
Brandon's answer
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Answered on May 20, 2019
Excellent question. First, look to the loan agreement itself, as it likely contains provisions about forum selection for litigation and/or...
Archived
Can I open a business in TN with the same business name as a company in Utah?
Brandon's answer
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Answered on May 20, 2019
You are very thoughtful to raise this question now, as opposed to later when your business is more formed and established. I would consult with a...
Archived
If my 27 year old son signs a lease on a bldg for his business am I as his parent liable?
Brandon's answer
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Answered on May 20, 2019
No, not based on the facts you stated. In order for you to be liable on your son's commercial lease for his LLC, you would have to have personally...
What is the proper procedure to resign from an llc as a managing member with no operating agreement in place?
Brandon's answer
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Answered on May 20, 2019
I agree with both Attorney Powe and Attorney Morgan, and I specifically recommend a close reading of Attorney Morgan's response since he is...
Archived
What doseNOTICE of Discovery Disclosure in a llc lawsuit ?
Brandon's answer
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Answered on May 20, 2019
I agree with Attorney Janik. If you got a copy of this notice in the mail, it is likely that you were factored into some of the discovery...
Archived
What is the best business structure to use for a US citizen starting a US business with a non-resident non-citizen in China?
Brandon's answer
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Answered on May 20, 2019
Yes. It would likely be to have an LLC that adopts a comprehensive, written operating agreement that specifies company protocols from a governance...
Archived
How can I avoid paying taxes twice on my LLC? What are some tax deferral strategies?
Brandon's answer
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Answered on May 20, 2019
The default tax treatment for a sole-member LLC is that of a "disregarded" entity--meaning, pass-through treatment on your Schedule C and 1040. If...
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