The company's operating agreement (if one exists) will dictate what happens in that situation. If there is no agreement, then default state rules...

What kind of legal risks can arise when allowing an unpaid friend to help with LLC repairs?

I'm assuming that the property your friend is helping out with is owned by an LLC. If he gets room and board in exchange for the repairs, then...

Can i seek legal help if my ex is black mailing me?

Without knowing the content of the videos, there may be another angle to this matter. If you were 16 at the time the videos were made and they...

Easiest way to acquire title to land?

Generally speaking, adverse possession is not going to be the best, most efficient way to transfer the title to the land. Without a consultation...

Sued for personal credit card now judgement in Texas and I have an LLC with a business partner, can they take business assets?

They most likely cannot freeze your business bank account or seize any of the business assets. In Texas, they are most likely limited to a...

I just got my EIN number, is there anything else I have to fill out or do? If so, please tell what that is.

Regardless of the type of entity you have (LLC, corporation, sole proprietorship, etc.), in order to properly set yourself up, you will have to do...

What are the penalties in Texas for breaking a rental lease? Current rent, no issues, landlord will not say....

In Texas, if you decide to break your lease early, the Landlord can generally sue you for the balance of the rents owed and additional reasonable...

Tenants rights in a home rented for about 3 months is Katy, Texas in a month to month lease.

Whoever is foreclosing on the house will have to provide you notice to vacate similar to your landlord's obligation. Since you are on a month to...

Swimming pool contractor diviated from actual contract

While the contract terms may not have been complied with, the question here is how much damage did that deviation do to you and whether the pool is...

How long do I have to file a claim for non payment of personal loans equaling $5146 with only an oral contract in state of Texas

In Texas, the Statute of Frauds requires that certain contracts be in writing in order to be enforceable. This includes contracts for goods or...