Archived
On a crowdfunding website, can investees say that they are willing to sell a portion of their company for $X? In USA and CAN.
Nathan's answer
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Answered on January 16, 2014
There are a number of services online that allow for crowd funding by the sale of shares. I believe most of them try to deal with accredited...
Archived
As property manager and part owner do I have to give access to the bank account to the other owner?
Nathan's answer
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Answered on January 14, 2014
As stated above, more information is needed to answer your question. If you are just joint tenants each of you have equal rights to possess the...
Archived
In North Carolina,
Does the deposit for the future sale of the motor vehicle constitute a complete/valid sale ?
Nathan's answer
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Answered on July 16, 2012
I think much of your situation will come down to what was said in the NC meeting. To some extent it will be your word against theirs. Generally a...
Archived
Our non profit charitable 501C3 donated most of our donation income to another 501C3. Is there any problem with this?
Nathan's answer
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Answered on November 24, 2009
Probably not. There are a number of 501(c)(3) charities: public charities, private foundations and private operating foundations. Each of these...
Archived
Me and a relative purchased a small buisness and i paid 100 percent of cost he wa to run the day to day, i have found that he ha
Nathan's answer
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Answered on November 24, 2009
You will have the right to sue him. Your causes of action may differ depending on what type of business entity you have and whether he is an...
Archived
Buying a business
Nathan's answer
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Answered on November 24, 2009
The rights of creditors will be governed by the state laws where the business is located along with the status of the creditors at this time. The...
Archived
Question about a Non-Solicitation Agreement
Nathan's answer
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Answered on October 08, 2009
Non-Soliciations are looked at under the same standards as Non-Competes though they are afforded a little less scrutiny. Non-competes are...
Archived
If a loan is secured, what rights does the lender have to ensure the collateral is being protected?
Nathan's answer
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Answered on October 08, 2009
The loan documentation will govern your rights in this matter. Usually the security agreement will give some rights to inspect the collateral and...
Archived
She may not have insurance as we know typical car insurance,but parents have a business
Nathan's answer
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Answered on October 08, 2009
An attorney specializing in automobile accidents should be able to search for insurance policies. Also, if you have uninsured motorist coverage,...
Archived
I have an existing S corp and we are opening a new line of business. Can I open a new C corp that can own new and existing S?
Nathan's answer
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Answered on October 08, 2009
Mr. Smith’s answer is correct. Regarding your other concerns, you may want to set up a C corporation and have transactions between the two to get...
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