How do I report a mutual benefit corporation to the Indiana Secretary of State for potential involuntary dissolution?
Lev's answer
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Answered on March 28, 2023
Although I am a bit uncertain whether the factual bases you state are sufficient to support a complaint or an attempt at dissolution, you can file...
Can a managing partner of a 2 partner Texas LLC willingly dismiss himself from the company?
Lev's answer
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Answered on March 21, 2023
I'm not admitted in Texas. This is just my 2 cents. Here's what the Texas LLC Statute says: § 101.107: A member of a limited liability company...
How can I settle with a former business associate who continues to benefit from the use of my business name?
Lev's answer
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Answered on March 17, 2023
If, as you say, there is a written agreement that governs the use of your business' name by the "former business associate," then you should hire a...
Can my wife merge 1 LLC owned 100% by my her into a 2nd LLC also owned 100% by her (Both LLC's in Florida)
Lev's answer
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Answered on March 15, 2023
Yes, Florida has an LLC merger statute that allows for the merger of two (or more) LLCs into one: FS Sec. 608.438.
But the real question is...
Should I form an LLC or use my personal name when purchasing a rental property with cash?
Lev's answer
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Answered on March 13, 2023
On balance it is legally "better" to transfer title to real estate into an LLC because the LLC will shield (to the degree permitted by applicable...
As a 50/50 partner in an LLC can I force the other partners to dissolve?
Lev's answer
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Answered on March 09, 2023
Yes, Indiana has a judicial dissolution statute that you would have to satisfy to get the court to dissolve the LLC. Depends on all of the facts. ...
If I do a partnership agreement as a silent partner, but don't file it. Is it any good?
Lev's answer
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Answered on June 10, 2014
Some times the words "silent partner" mean I don't want to be shown on the books of the legal entity because I owe money to the IRS, my...
Archived
I'm working on a patent for a grooming article (electrical/mechanical). I don't know what type of corporation to form! HELP!
Lev's answer
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Answered on June 10, 2014
A legal entity cannot be an inventor for Patent purposes. So you have been designated as such in the Patent Application. After it issues...
Archived
I inherited shares of real estate partnerships which have no value but large tax liabilities. How can I divest myself of them?
Lev's answer
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Answered on June 05, 2014
There are some approaches but the devil is in the details.
I don't understand the connection you are making between ownership of the "shares"...
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If a person has a new idea for a product but can't get a patent for it, and wants to protect the new idea what's another option?
Lev's answer
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Answered on May 28, 2014
The most common approaches are: (1) get trademarks and copyrights, (2) get contractual tie ups with partners, and most importantly (3) once there...
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