Archived
What contracts/ agreements are needed to lock in a plan my friend had saying that I can own his company in exchange for royalty
Michael's answer
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Answered on August 18, 2016
Several contracts will be necessary. They will cover issues and items such as the purchase and sale of the company, the purchase of assets and...
Archived
Can I counter sue
Michael's answer
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Answered on August 17, 2016
You can sue if you have grounds. Did he fail to pay? Did he breach any terms of the contract? If so, then you have a counterclaim (or even an...
Archived
When the buyer of classic car contacts us 2 months later and says he is going to sue us....
Michael's answer
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Answered on August 17, 2016
There are a variety of ways you can handle this. You can ignore this and he may sue you or may not. If he does, then you can react based on the...
If a contract for home purchase is signed by both parties and the buyer backs out can I sue him?
Michael's answer
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Answered on August 06, 2016
You should sit with a real estate or contract attorney to discuss your options as they relate to your particular contract's language. There are...
Archived
What do I need to do to appoint an agent to sign documents for my S corp? Should I just have a simple agreement signed?
Michael's answer
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Answered on August 05, 2016
This is traditionally something taken care of in the operating agreement or bylaws; depending on what type of entity you have (LLC vs. Inc, etc.). ...
Archived
I want a property management agreement between my management LLC and my property holding LLC, that directs all liability to it.
Michael's answer
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Answered on August 03, 2016
Your question is very good, as is your plan to separate liabilities while maintaining corporate formalities. You should meet with legal counsel...
Archived
When building a website is it permissible to use/show the Logos of our corporate customers/business partners??
Michael's answer
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Answered on July 29, 2016
You need permission. Simply getting the same from "Joe" or "Betty" by phone will not suffice. The best way is to have a written license...
Archived
Is it legal for a franchisor to sell to new parties a Franchise a significantly below the price sold to Franchisees
Michael's answer
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Answered on July 29, 2016
Excellent points and insightful questions. However, the answers will be found by and through examination of the franchising agreements and...
Archived
Collections
Michael's answer
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Answered on July 27, 2016
Your documents that "make up" the agreement should be reviewed by a contracts/litigation attorney. You will likely have the option to have the...
Archived
Can I take legal action against my bank if I have not had access to my funds in 3 days and counting?
Michael's answer
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Answered on July 12, 2016
If someone illegally retains your property, we call the same "conversion" and it is a tort here in Arizona. To bring a conversion action, you must...