Archived
We, myself and my partner dissolved our s corp. a few years ago. She continues to use our company name and images.
Linscott's answer
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Answered on June 15, 2012
The likelihood is that you have at least a common law copyright on work you created. Depending on what you both agreed at the time your company...
I live in PA and want to transfer my LLC to my husband. What is the "paperwork" required?
Linscott's answer
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Answered on June 14, 2012
You haven't told us, but I am assuming you are the only member? If so, do a document, like assigning a stock certificate, transferring your...
Can a majority vote to sell a business in an LLC override the minority?
Linscott's answer
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Answered on June 14, 2012
Probably your 75% majority will be able to carry the issue. State laws differ, and LLCs are always very much creatures of contract, the operating...
Archived
Checking accounts
Linscott's answer
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Answered on June 14, 2012
As you currently have the accounts, neither of you will be able to receive the other's account. Illinois has had Totten Trust accounts for a long...
Vice President's rights, responsibilities and protections in S-Corp
Linscott's answer
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Answered on June 14, 2012
I would not attach a great deal of significance to the fact that you were not consulted about the positions assigned to each person.
There are...
Archived
What does it mean to sue a membership intrest of a LLC?
Linscott's answer
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Answered on June 13, 2012
The concept of suit against a membership is unknown to me. It may be that what you are asking about is when a creditor of a member seeks to...
Archived
The official address of a deceased was with his son in one county. He owned property in another. Which county do we file in?
Linscott's answer
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Answered on June 13, 2012
The county in with the decedent was living on the date of his death. Where did he go to bed at night? Vote? Have his mail (particularly bills...
Archived
When someone says "Offshore" asset protection - where is that? what does it mean?
Linscott's answer
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Answered on June 13, 2012
Asset protection involves legal methods of holding title to assets in such a way that the original owner still has an opportunity to use and enjoy...
Archived
How do you serve process on a dissolved foreign corporation?
Linscott's answer
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Answered on June 13, 2012
This situation needs a Florida litigator. I'm not licensed in Florida. It seems like the alternative way to serve is to serve one of the...
Archived
I am a single member LLC and own 100% membership intrest in the LLC. Can the LLC be sued for all of the profits if I own 100%?
Linscott's answer
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Answered on June 13, 2012
LLC law really differs from one State to another, and you need to discuss this particular issue with a Texas attorney familiar with LLCs. The...
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