Questions answered by Glenn M. Lyon

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I have a idea that I want to patent but I am not sure of the proper steps that I need to take and how to protect my idea from my

Glenn's answer | Answered on December 15, 2009

You will most likely need a good confidentiality agreement with anyone who you disclose the idea to. And you will need a patent attorney to help...

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How do I dissolve myself completely from a company I co-founded?

Glenn's answer | Answered on December 14, 2009

You may be able to sell your shares or have them be redeemed by the company. However, there may be some internal restrictions on transferring the...

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I have an LLC in California and want to move it to Georgia and close the LLC in California -- what's the best way?

Glenn's answer | Answered on December 11, 2009

A simple conversion is the best way to handle the. For all intents and purposes, the business continues; it just changes it state of formation...

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Can a landlord keep a security deposit after 72 hours of receiving and I have not moved into the home.

Glenn's answer | Answered on December 11, 2009

It depends on the terms of the agreement concerning the deposit. If you would like to discuss any issues further, please feel free to contact my...

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Who is liable the LLC or the owners of the LLC?

Glenn's answer | Answered on December 10, 2009

It depends on who signed the lease - the LLC or an individual. Generally, owners are not responsible for the debts and obligations of the LLC. ...

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If a restaurant set up as an LLC runs out of money and can't make payroll, does Member have personal liability?

Glenn's answer | Answered on December 09, 2009

Yes. Business owners cannot shield themselves with limited liability protection regarding taxes. If you would like to discuss any issues...

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I took out a loan have the paperwork for repayment what should I do?

Glenn's answer | Answered on December 09, 2009

You would likely have a breach of contract claim for his repossessing the car, depending on the terms of your agreement. Regarding the title,...

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Possible consequences for buying fake watches from China for a personal use?

Glenn's answer | Answered on December 04, 2009

Most likely nothing as long as you do not resell it. If you would like to discuss any issues further, please feel free to contact my office. ...

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In the case of a forclosure, following the filing of a lein for work done, what is the next step in receiving money owed?

Glenn's answer | Answered on December 03, 2009

In the county where the property is located, presumably where you filed the lien. If you would like to discuss any issues further, please feel...

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Is it too late to act, respond on a due or expiration date?

Glenn's answer | Answered on December 03, 2009

It depends on the exact language of the applicable agreement, but the due date is the full calendar day (24-hour period) unless the contracts...

Glenn M. Lyon's Answers (1616)

I have a idea that I want to patent but I am not sure of the proper steps that I need to take and how to protect my idea from my

How do I dissolve myself completely from a company I co-founded?

I have an LLC in California and want to move it to Georgia and close the LLC in California -- what's the best way?

Can a landlord keep a security deposit after 72 hours of receiving and I have not moved into the home.

Who is liable the LLC or the owners of the LLC?

If a restaurant set up as an LLC runs out of money and can't make payroll, does Member have personal liability?

I took out a loan have the paperwork for repayment what should I do?

Possible consequences for buying fake watches from China for a personal use?

In the case of a forclosure, following the filing of a lein for work done, what is the next step in receiving money owed?

Is it too late to act, respond on a due or expiration date?