The prior attorney has properly given you the applicable statutes (or laws) which are applicable to your situation and you should read them. The...

What can I put into a settlement and release agreement?

Reading your question, my thoughts immediately went to the Facebook settlement with the twins. The advice already provided in this space is...

What are the personal liabilities of breaking a commercial lease?

Without knowing more, it appears that you are personally liable for this lease. If the amendment did not say anything more than a change to the...

Can spouses own a sole proprietorship or do they have to have a partnership?

A sole proprietorship is by definition a business run by one person. While it is a form of business it is indistinguishable from the owner. With...

It is possible to have a member of a limited liability company that only participated in the financial aspects of the business, but not have any...

Licensor granted license to materials they don't own-is our agreement still valid?

As indicated by the prior answer, the answer to your question depends in large part on what the license agreement says. Most license agreements...

Non-DIscloser not signed by Owner

It is of course difficult to evaluate a Non-disclosure Agreement with reviewing the actual document. In order for any contract to be valid, some...

Am I entitled to a commission if a buyer is purchasing all the stocks of my Seller's corporation?

The first question is, of course, why the transaction is structured this way instead of an asset purchase, but I will assume that there is a valid...

I have 1st & 2nd loan on my primary residence in Arizona. If I walkaway can either mortgage company come after me on deficency?

Arizona has anti-deficiency laws that may or may not protect you against a deficiency. The answer will depend upon whether the property and loans...

Bankruptcy?

I agree with all of the other answers, but point out that a discharge does not necessarily mean the case is closed. For example, the Trustee may...