Single Member Company or Corporation ?

As a single member LLC, the member can do pretty much anything he wants, including waiving any unfairness to the LLC in any loan terms. Money...

Tax attorney questions ?

Commingling individual and entity funds is a mistake. The point of having an entity is to have a separate legal "person", which limits your...

Does the Good Judgement Rule protect a CEO/Minority Shareholder from a lawsuit if he acted in good faith/best interest of corp?

The "business judgment" rule is not a general defense to claims of mismanagement. If there were errors that violated fiduciary duties of the CEO to...

50 common shares?

I would suggest you check with a securities broker to see if there is a market for such shares, if the shares (if for a public company) have split...

Landlords can ask for anything, but may or may not get all they want. If you have a lease, they cannot impose such a requirement unless as a...

I may or may not be part of an LLC, how can I be sure I was removed?

Most state LLC statutes permit you to "dissociate" from an entity, which gives up any income from same, but also removes any liability for entity...

Comparing Florida LLC vs Corp?

Limited liability companies are, unless they elect C corporation status, taxed as partnerships, which means that their owners would pay taxes for...

Section 202(a)(11) of the Investment Advisers Act of 1940 generally defines an "investment adviser" as any person or firm that: (1) for...

What mental or behavioral health records or claims information can be provided to a business associate of a covered entity.

Significant penalties can attach if the person named in the records has not given a records use-specific release. With an appropriate release from...

Can a federal employee have a relative own their stage name?

The ethics officer for your agency should be able to provide formal and informal guidance on ownership of an asset which could potentially be...