It is true that you can probably take care of the fairly "ministerial" tasks of drafting and filing the merger papers in the 2 states by yourself -...

Your Articles of Organization may already spell out the respective percentage interests of A and B, and the effect of that allocation. If it does...

Is my LLC liable for another LLC's debt?

It's difficult to tell from your description of the situation; whether your LLC is liable will depend on the details of their loan transaction and...

Can an LLC specify that some of the members are Limited Partners?

No and Yes. There is nothing that specifically authorizes a defined class of "limited partners" in an AZ LLC (as there is for LPs). On the other...

I 'm not sure if you have a claim for "lying on the disclosure" - since you said they listed all sorts of things that they admitted were wrong -...

How can an LLC issue equity similar to a C Corp

The llc can issue membership interects to the key employees, just like a corporation could issue shares. It would require amending the llc...

New Owner wants to take over our LLC? Arizona

No, the new owner does not need to form a new LLC; they can simply purchase your LLC interests from you. Since the LLC has elected "pass thru" tax...

This forum is not a suitable vehicle for addressing all of the many issues that need to be considered when buying your partner out of the business....

Can I apply to discharge a lis pendens on my home?

Whether the homestead exemption will protect you depends on the basis for the lis pendens - and if there is not a legitimate basis for it, then the...

Promissory Note?

Yes, a promissory note is most definitely a binding legal document that you can sue on in court, in an effort to get a judgment against the debtors...