The answer depends on which exemption from registration under the Securities Act you're relying upon in selling the convertible note. First, to...

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I had no idea about allotment of shares for my angel investors.

I suggest you find an attorney experienced in working with startups, as there are many things you should be considering in the startup phase,...

Why do many incorporate in Delaware and do business in Miami,Florida. Is it recommended for a starter company?

Delaware law gives businesses flexibility in management and operations, and has a well-developed body of laws, particularly relating to stockholder...

2 partners EFD & RJK in corp, equal share holders, EFD alleges RJK implemented a controlled fraud then resigned.What can EFD do?

EFD can engage an attorney experienced with litigation and corporate law to go over the matter in more detail to determine EFD's rights and...

Can a UK limited company be named as a director/officer of a Florida corporation

The short answer is no. Section 607.0802(1) of the Florida Business Corporations Act provides: “Directors must be natural persons who are 18 years...

Llc partnership separation

I agree with Nestor that you will want to start with a non-competition and non-solicitation agreement. After that, you have the option of: (I)...

Is there any member liability protection when forming a Florida single member LLC given the Olmstead case? Mark Jalali

With Florida single member LLCs, judgment creditors, in appropriate circumstances, have the right to foreclose on the membership interest of a...

What legal structure would you recommend for a start-up home based child care service business that will aid in funding.

Without knowing the specific facts, circumstances and goals of your business, I can only offer you general guidance. Generally, the first two...

My company is considering offering shares to deserving employees. What type lawyer would we need to do this safely?

An experienced corporate and securities attorney should be able to quickly and efficiently assist you in developing and implementing an employee...

What is the best agreement to have amongst family and friends for a startup if they invest money for a % ownership?

To save time and money with lawyers, many startups, particularly those located in Silicon Valley, structure seed stage financings using convertible...