Loan to a LLC

This sounds like you may have been defrauded or that the new LLC is having financial problems and does not want to pay you. I recommend that you...

Like most business law questions, the answer may lie in going back to the contract. While I agree with my attorney colleagues that you may be bound...

Can a minor organize and operate a single member L.L.C.?

You left out a very important fact. How old are you? Your thoughts are clearly very entrepreneurial and you obviously have an understanding of how...

Product liability question

Mr. Cornish has provided you with excellent information. The only thing that i would add is that in addition to creating and operating properly...

I am a self-employed roofer who does all types of home improvements. In Feb. 2011 I remodeled a roof for a client of mine.

Before you go any further, you have to address the question of whether you are properly licensed as a contractor. If you are not, you may be barred...

I was asked to be a nominee for a business in the UK. What legalities surround this?

Just this morning I received a email from a person claiming to be from the UK asking for my assistance in collecting a huge claim here in the US....

Selling a business

All of the issues that you are raising could be answered by hiring an experienced business broker. It seems that at least one company sees value in...

If I create an LLC where I am the manager before I am served a subpoena for monetary damages am I still covered by the LLC?

The attempt to shelter your assets once you are aware of the claim, could make any transfer of your business to an LLC voidable if a judgment is...

Is a sole proprietorship a good idea when you don't have any assets and have good insurance?

You are asking a question that many people ask when starting a small business. You are right to obtain insurance to protect you against the...

Are the do-it-yourself kits for establishing an LLC OK to use?

The problem with do it yourself kits and online formation companies is that you receive no legal advice to go with the form preparation. As you are...