When you say you are a 1099 salesman working on commission, that very likely makes you an independent contractor. You should have no liability for...

LLC ownership is not stated in Colorado LLC Articles of Organization unless you filed an attachment stating ownership (which is unnecessary and...

Yes, you can. The most common way of maintaining decision-making authority to to have two classes of membership units, with Class A being voting...

A California corporation (your election of subchapter S status under the Internal Revenue Code is not relevant) cannot convert into a foreign...

Mr. Murillo is correct. You primarily are buying a business - the restaurant - but one key to the success of the business is the lease and its...

Go to your TCF Bank loan officer and request that the Bank file a release of lien or a release of deed of trust, depending on how the lien was...

Yes, you do, unless it is a single member LLC (considered by the IRS to be a disregarded entity for tax purposes) and you are using your SSN as the...

The elements of breach of contract is that there was a valid contract, that you performed your obligations due under the contract up to the time of...

I am not familiar with the laws of Mexico regarding limited liability companies (LLCs), but in the United States, an LLC does not generally pay...

I agree strongly with Mr. Llmanen but will put it a bit differently. Do not stop, do not pass go, do not sign the agreement; go straight to...