Archived
I fired a cofounder before we ever signed an agreement, does he have claim to equity?
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Answered on December 09, 2014
I wish the answer was that easy, but I would need to see all those emails and text messages. You would be smart to hire a lawyer.
Archived
I have confusion on accredited investors....can you invest in small businesses (mainly LLCs) without being accredited?
Paul's answer
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Answered on December 07, 2014
Yes, you can, but the level of disclosure required of the company you are investing in is generally higher for unaccredited investors.
Archived
I have received online reviews from a customer that are totally false. I would like to know if I have any legal recourse.
Paul's answer
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Answered on December 06, 2014
Legally speaking, you have very little recourse and the trend is against you. For example, California recently passed a law prohibiting companies...
Archived
Making a website that let people share experience about horrifying tenant. and I need privacy law advice.
Paul's answer
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Answered on December 04, 2014
In addition to privacy, you should be concerned about creating liability for yourself for libel.
Archived
Do I need to change my organization's name?
Paul's answer
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Answered on November 24, 2014
I doubt you will have to change the name, unless you expand to Scotland. You can check whether your desired name is available at the Florida...
Archived
Can I receive seed funding for my LLC on a B1/B2 visa?
Paul's answer
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Answered on November 24, 2014
Probably. On a B1 visa, you cannot run a business or have gainful employment. You would have to convert your visa to a different kind. You should...
Archived
Can a "Permanent Director" of a private limited company be removed? if YES, how?
Paul's answer
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Answered on November 24, 2014
The shareholders of a corporation or the members of an LLC can vote out any director.
Archived
Hi, I am 17, and trying to start my own solar business based on an income sliding scale. I don't know where to start!
Paul's answer
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Answered on November 20, 2014
You should also contact your local chapter of SCORE -- the service corps of retired executives. They provide FREE business counseling to...
Archived
I spent over a year working for a tech startup in exchange for equity. The owner balked and is ignoring me. What can I do ?
Paul's answer
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Answered on November 20, 2014
If the company didn't grant you equity for your work, you have a claim for unpaid wages. It is illegal for an employer not to pay an employee for...
Archived
I want to start my own business where I buy clothes and shoes from other stores and resell them on a website for more or less.
Paul's answer
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Answered on November 19, 2014
Excellent. So what's your question?
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