Archived
I own a corporation which has LLC's filed underneath it. Can I get liability insurance for the corp and the LLC's are covered?
Neil's answer
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Answered on September 10, 2017
That would depend upon the policy the tis bound.
This is not really a legal question, but an insurance question.
I advise you to speak with an...
Can I get out of a new home construction contract if it has not been signed by the builders manager yet?
Neil's answer
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Answered on September 04, 2017
It would obviously depend upon the specific terms of the agreement. As you have already signed (I assume), but the the other side hasn't, it might...
Is a LLC best for my business?
Neil's answer
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Answered on August 31, 2017
There is absolutely no "con" in forming an entity to limit your personal liability. There is, however, a cost involved. In NYS, it is...
If the inspection reveals Polybutylene piping, would I lose the Earnest deposit if I back out of the contract?
Neil's answer
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Answered on August 28, 2017
That would all depend upon the specific terms of your contract.
I advise you to have an experienced real estate attorney review it to further...
Archived
Can we sue Dell for cancelling shipment?
Neil's answer
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Answered on August 24, 2017
Of course you can sue Dell. This is America.
That being said, you will have to prove damages against a $25 billion company. I am not saying this...
Archived
Can I have different company names in EIN and LLC?
Neil's answer
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Answered on August 10, 2017
Unfortunately, you did things backwards. I suggest you form the LLC you want (with an available name) and then obtain the EIN.
Best of...
Do I need to have a minimum number of employees in my LLC and pay taxes for them?
Neil's answer
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Answered on August 09, 2017
Florida LLCs do not require employees.
As for other states, you will have to ask attorney from those states.
Best of luck.
The foregoing...
Archived
What is the maximum percentage we could hold of a business we are selling, without being responsible for the business?
Neil's answer
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Answered on July 28, 2017
So long as you are a shareholder (of a corporation) or member (of an LLC), your liability will be limited to your interest in that particular...
Archived
CORPORATIONS - PUBLIC RECORDS?
Neil's answer
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Answered on July 27, 2017
Ordinarily, that information is not made public, but is contained with an LLC's Operating Agreement, a document that is ordinarily confidential to...
Archived
Can I sue for bad advertising?
Neil's answer
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Answered on July 26, 2017
Sure, you can sue them. However, you're going to have to prove damages, something that you may not be able to do, or the damages you prove may not...
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