LLC has 4 owners/officers. 2 are leaving. Can they force the remaining owners/officers to dissolve the corp, checking and etc?
Larry's answer
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Answered on January 25, 2019
A good operating agreement for 4 members usually expressly addresses this very situation, typically a buyout of the leaving by the remaining...
Can a married couple on a five person board vote with three directors present, the married couple and one director
Larry's answer
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Answered on January 25, 2019
I am concluding this is an HOA, non-profit association, mandatory membership because of residential unit ownership. The bylaws of that Assn...
Archived
What are the landlord rights to have a contractor do major repairs and the tenant refuses to let anyone in until after 5:30 pm?
Larry's answer
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Answered on January 25, 2019
Let the city "red tag" the unit .... then wait to see the reaction you get from the tenant!!!!
Archived
How do I determine whether to seek a 2nd opinion and/or switch lawyers?
Larry's answer
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Answered on January 25, 2019
You need to act ...yesterday and get someone you have complete confidence and trust in. I definitely read between the lines that you are unhappy...
Archived
Do I need to do anything for taxes on an LLC that never actually started?
Larry's answer
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Answered on January 25, 2019
No income, no taxes. Easy answer. You both can dissolve the entity with an on line form.
Archived
Do I have to fix a water heater that just went out?
Larry's answer
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Answered on January 25, 2019
Very unfortunate as a practical matter. I am assuming this is an oral month-to-month rental with no lease. That being the case, you are left...
Archived
What can we do?
Larry's answer
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Answered on January 24, 2019
This really has nothing to do with the tenant, but rather a dispute between 2 women versus your uncle. The deed of ownership needs a careful...
Archived
Can my father get out of his dish network contract without paying cancel fee?
Larry's answer
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Answered on January 24, 2019
If he is still withing 3 days of signing, he CAN cancel legally. No charge. Otherwise, [OUTSIDE OF MY LEGAL COMMENTARY], if he were my father, I...
Archived
Our developer promised to finish the subdivision but didn't. The developer hired a HOA Mgm, they promised but didn't perform?
Larry's answer
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Answered on January 24, 2019
Good for you. You are very perceptive in posing this question. In my humble opinion, when you do the "turnover", you will be expected to...
Archived
Can I be a member of my wife's LLC?
Larry's answer
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Answered on January 24, 2019
This is not unusual. In MI, for example that is true of the medical profession and members of a professional LC. Let me ask: won't your wife...
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