I am part owner in a restaurant buisness the business isnt doing to good so we got an inve

The investor can legally do whatever you all agreed he can do. This is the problem with failing to get written contracts in place. If he simply...

Which type of entity gives you more protection of personal assets C Corporation, S-corporation or an LLC ?

In theory, all three provide liability protection for its owners. And S-corp simply means that the corporation elected to be taxed that way (which...

Can an LLC operating more like a non-profit accept donatios?

The LLC would certainly be free to accept capital, but the giver would most likely lose any tax deductibility because the LLC is not...

Talked about having a partner

That depends on whether you agreed to any kind of partnership, and, if so, what the terms were/are. Partners owe each other a certain duty of...

Piercing the veil of an LLC, and finding the member a party to the original sale

Depending on which state's laws apply, most likely, any defense would have been required to be made in the trial court. You may have an appealable...

What state would be best to set up a startup temp staffing agency? LLC or S-Corporation?

I agree wholeheartedly with Ms. Marsh. Unless you are a large company, simply incorporate in the state where the business will be headquartered. ...

Can my lease for a retail store be cancelled if they have a better offer?

Probably not, but it depends on the terms of the lease you signed. It is possible that they landlord has some kind of cancellation right. You...

If there is not a rental agreement/contract from landlord, can he take me to court for more money?

Anyone can file a law suit against anyone else. Whether that claim is valid or not, is another issue. That being said, you don't state what the...

I would like to know how do I determine the percentage of a stock certificate being sold to an inverstor .

Unlike in a typical corporation, the profit/loss sharing and other related rights are determined by the operating agreement (or similarly titled...

That might be the answer, but it depends on whether the company was properly dissolved. Depending on the state law involved, you may have been...