Sold restaurant equipment and buyer has defaulted on payments

This is a civil matter so the authorities are not involved. It is unfortunate that you did not file a UCC-1 as there may be a prior perfected...

I can't speak to Arizona law, but in Colorado the good faith and fair dealing is used primarily as a gap-filler to place constraints on contractual...

I had a letter of intent from my employer paying me 50k a yr, after a yr they changed my job & cut my pay by 15k, is this legal?

I understand that you feel this is unjust. That, however, is not enough for you to have a valid legal claim. Let's start with the letter. I...

Are profit sharing agreements legal?

It really depends on exactly how this will be structured. If this share is related to your company equity, then it is an issue of securities law...

My furture husband payee and wants us to sign a prenup?

What happens or doesn't happen will depend on the prenup terms. I strongly recommend that you speak with a family law attorney before you sign...

Verbal contract to pay for funeral expenses

You can certainly sue, but this will not be an easy claim and it may cost more than the amount in dispute. Was the sister the sole beneficiary of...

How do I go about suing a business for an online transaction made from outside the US?

Review their terms of service on disputes. They may have a binding arbitration or venue (where the suit can be filed) provisions. As a general...

If i form a limited liability company

Unless you had an operating agreement that provided that once any member leaves it would trigger a dissolution, the general answer is that the...

Question regarding Minutes/Meetings for S Corp

1. Try Google for written consent forms (this is simpler than minutes). That or look atnola.com for their forms and books. 2. That depends on...

The answer is almost always yes. The contracts, collections, and the like are assets that are normally sold to the purchasing company. The original...