What is the point of the Anti-Spam CAN Act laws if no one seems to be punished for spamming?
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Answered on August 01, 2013
You might see federal enforcement in very egregious instances, but generally, no, spammers aren't punished unless other violations of law are also...
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If you have an LLC, can you own less than 50% equity, but have majority control?
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Answered on August 01, 2013
From an interest-holder to total interests-outstanding perspective, with all interests being the same interests, no there is no majority control...
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Can I sign an NDA if I am working at a bank. A company is for sale that I am interested in buying. PLEASE ADVISE.
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Answered on July 30, 2013
Assuming you're not an officer or director of the bank , you're probably okay to sign it on behalf of yourself, personally, but you need to check a...
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How do you pay someone in equity when you are an LLC?
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Answered on July 29, 2013
Typically, you have to amend your operating agreement to reflect the reserve of equity for such purposes. You also need consents from the other...
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Does my company's stock plan need to be signed to become legally binding or is it enough if the company's board approved it?
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Answered on July 29, 2013
Assuming your company is a privately-held corporation, if the stock plan has a designated administrator, and the resolution approves the stock...
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I have been offered phantom stock in a closely held small tech corporation. Should I argue for stock options instead?
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Answered on July 29, 2013
Your reservations are well advised.
You should consider making your case for options for the following reasons: (i) phantom rights will never...
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I am a 50/50 Share Holder in an S-Corp . I want to leave the company and sign the shares over to my partner.
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Answered on July 29, 2013
There is no requirement to file any document with the California Secretary of State to reflect your sale/transfer of your shares in the...
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I was sued by a corporation for breach of contract, and I lost. This was years ago. Now the corporation is defunct, it went out
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Answered on July 16, 2013
I appreciate the craftiness you've exuded, but like others have so eloquently stated, this doesn't get you out of the woods. If the status of the...
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What recourse do I have against oil co who filed for a restraining order and and an injunction because we filed com on permit ap
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Answered on June 04, 2013
It sounds like you're going to court. How important it is for you to win the hearing is the factor you need to consider in your decision to bring...
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What is the best state to create a LLC for asset protection and tax planning?
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Answered on June 04, 2013
If you're managing the portfolio while you're in California, you're subject to the 8.84% annual franchise tax (minimum $800 annually). It might be...
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