This action may be a breach of fiduciary duty and breach of contract. I assume you do not have a written operating agreement that clearly stated...

Tenant dispute on commercial lease on exit repairs, what are the implications if I ignore it?

If you refuse their demand, they may try to sue. Now, the more relevant questions relates to the claimed damages, your lease terms, the information...

Should I LLC and purchase what type of insurance for a live Lobster Shipping company?

Using an entity for your business is always a smart choice. The question is whether it makes more sense to be an LLC or a corporation. To answer...

What steps would I need to take to remove my business partner from the business and any contracts that we currently have?

I will assume, as is almost always the case here, you do not have a written partnership agreement that covers disputes or actions that would allow...

We are presented with several property documents for a loan, it was supposed to only be a contract and don't know what to do?

The documents you refer to are very common in real estate transactions. In fact, I would never advise anyone to ever lend anything related to real...

You cannot just walk in and demand a refund. If you signed a lease you will be in breach of that lease if you do not follow your duties under that...

Funding a trust and gifting money or other assets are not the same. A gift can have certain tax implications depending on the form and amount of...

In Colorado, the answer to the question of whether it makes sense to form an entity or not is rather simple. It is always yes. It is $50 filing fee...

Llc

Attorney Deason is correct. These are not questions that can be answered in an online forum and your post is not entirely clear. You should review...

Can a 50% Florida LLC Managing Member "Oust" the other Managing member where there is no operating agreement in place.

A simple rule applies when you have no agreement: You cannot do something unilaterally. An involuntary withdrawal could have done this if had an...