Is it sketchy that my company would ask me to spin up a S Corp to receive equity as a company VP? Need advice! Thank you!
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Answered on May 30, 2023
Without making assumptions as to their motivations, it's not inherently sketchy to make this request. Startups may have their own legal and/or tax...
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How can a minority shareholder in close corp. give up his stock?
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Answered on June 03, 2016
I know it's a lawyer's favorite answer, but it depends. It depends on your organizational documents, it depends on whether you can do anything...
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Does "within 30 days of contract signing" mean "29 days or less" or "30 days or less" of contract signing?
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Answered on June 03, 2016
It usually means you have 30 actual days, unless the contract specifies that it refers only to business days. Like one of the other commenters...
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If I purchase a business 50/50 with a partner, but I pay for 100% of it for now, how can I ensure I get my 50% he owes me later?
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Answered on February 12, 2015
I agree with Mr. Cahn, but will add that the operating agreement should be drafted very carefully with these issues in mind. You may also consider...
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Should I set-up an LLP or a PC?
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Answered on December 03, 2013
This is an incredibly broad question and deciding what entity to form depends entirely on your business's individual needs. You should consult an...
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Is it possible to vary the terms of house purchase contract before signing it?
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Answered on May 31, 2013
I agree with my colleague. This is a matter for an attorney to handle. You are never obligated to sign something you don't wish to sign, but of...
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URGENT - I gave 30-day notice to a tenant who has a verbal lease. She is stalling to move out on May 31, 2013. What can I do?
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Answered on May 30, 2013
There are a few considerations before reaching the issue of what you can do to get her out. First, you have to make sure that 30-day notice was...
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Oral contract binding?
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Answered on May 21, 2013
I cannot answer your question completely or accurately because it will greatly depend on the details of your case. Generally speaking, oral...
Can Model Sue the Photographer for Inappropriate Usage of the Picture after Signing a Model Release?
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Answered on May 14, 2013
I agree with my colleagues in many regards. Whether you have a chance of succeeding will depend largely on the release itself and the facts...
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What documents and licenses do i need to start an online kids boutique?
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Answered on May 08, 2013
For the most part, I agree with my colleague. I do want to point out that much of what you need will depend on the details of your boutique, like...
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