My partner wants out of our LLC and I want to keep the company, what do we need to do to formalize this?
Jeffrey's answer
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Answered on December 01, 2017
If you have an Operating Agreement for the company, that is the first place you would look for how this should be handled. If you do not have an...
Archived
What type of lawyer and/or fixed-fee legal service may support reviewing a profit unit agreement for a company I am joining?
Jeffrey's answer
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Answered on January 12, 2017
A corporate/business attorney who works with startups.
Archived
Is a company bound by a contract that was never countersigned?
Jeffrey's answer
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Answered on April 28, 2016
It depends on the factual circumstances. A signed written document is not always required for there to be a contract in place between two parties....
Archived
Bad Deal - 2 Year Contract Agreement
Jeffrey's answer
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Answered on December 09, 2015
Depending on the factual situation (what you knew, what they knew, what they told you, etc.), and the terms of the contract, you may very well have...
Archived
How must I deliver a letter to terminate a contract? Must it be by hand or can it be by U.S. Mail?
Jeffrey's answer
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Answered on November 19, 2015
Contracts quite frequently have provisions that identify how notices are to be delivered. That is the first place I would look. You may want to...
Archived
LLC Buyout Agreement: Too much going on here, taking my mind for a loop, whatever does it mean?
Jeffrey's answer
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Answered on November 10, 2015
See my answer to part 2. It is always a good idea to have business counsel review these documents to help avoid problems in the future.
Archived
LLC Buyout Agreement: what do the following paragraphs mean, do they contradict one another, and are they good or bad?
Jeffrey's answer
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Answered on November 10, 2015
I agree with the other answers and you should contact an attorney to review the entire agreement. But, basically, on a high level, it appears that...
Archived
Im in need of a lawyer to do a terms and conditions page. Similar to these terms and conditions.
Jeffrey's answer
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Answered on October 20, 2015
I draft website terms of use and privacy policies for start-up companies on a regular basis. While most policies and terms are similar, the...
Archived
Can I have my attorney add to the agreement and make edits/revisions that opposing counsel drafted or is that not allowed?
Jeffrey's answer
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Answered on October 07, 2015
Yes, until the contract is signed there is nothing precluding you or your attorney from requesting revisions.
Archived
In Colorado, do the terms of a contract proposed by one party and accepted by another, via email, constitute a valid contract?
Jeffrey's answer
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Answered on October 05, 2015
Depending on the wording of the emails, it is definitely possible to have created an enforceable contract.
But, depending on what was contained in...
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