Archived
Incorporating Delaware vs. Nevada - privacy and ability to limit personal liability in case of suits.
Robert's answer
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Answered on November 12, 2009
As to state of formation, you are best off selecting the entity in your state of residence and where you do business. The claims about Delaware or...
Archived
When dissolving a partnership, and splitting off into 2 companies, what happens to debt to investors?
Robert's answer
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Answered on November 12, 2009
You need to get a local business attorney right now. You say that you got investors in this business. If that is the case, then I hope your...
If an LLC in IL is "involuntarily dissolved" are they still authorized to work/promote themselves under that name?
Robert's answer
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Answered on November 12, 2009
As a general principle, if the secretary of state, state attorney general proceeded, or judicial action resulted in an involuntary dissolution this...
Archived
What is the policy for life insurance pay off in the event of a suicide after two years of having the policy?
Robert's answer
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Answered on November 12, 2009
Review the policy terms. Often suicide is excluded from coverage.
DISCLAIMER—This answer is for informational purposes only and discusses...
Archived
I have an expired contract with an investment group and they are not paying me back..what can I do?
Robert's answer
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Answered on November 12, 2009
You need to contact a local litigation attorney to see about filing suit to collect. It is important for you to do this soon as you may have...
Archived
Contract Question
Robert's answer
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Answered on November 12, 2009
You can have an agreement with the sales people to prevent this action. Contact a local business attorney and they can advise your business and...
Archived
Right to Royalties
Robert's answer
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Answered on November 12, 2009
Your question is not entirely clear. You state “Dad financed everything. Shipment is in port and German wants new contract with all monies paid...
Archived
Is my lease void?
Robert's answer
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Answered on November 11, 2009
The lease is not void, but it may be “voidable” depending on other facts and your state law. A contract to kill someone is void, for example. That...
Archived
We put a deposti on a condo in florida and after 7 mo of waiting decided we want out deposit back, the closing date was April30
Robert's answer
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Answered on November 11, 2009
Your rights are left in great part in the terms of the contract. Did the contract set an absolutely fixed closing? Did it provide for what are...
Archived
How can I get out of an LLC?
Robert's answer
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Answered on November 11, 2009
If you do not have a written operating agreement that provides how a member can withdraw, you will need to can come to an agreement with the other...
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