My partner wants out of our company.

I have a client right now with a very similar situation. Your partner is likely either a manager or director of your company and owes a fiduciary...

Early termination of lease

Probably not but you have to read the lease carefully and see if there are exceptions to that allow for early termination. Look to see if it has a...

Can a company add a non-employee to their health plan even if they don't intend to reimburse the company? i.e. a family member??

The officers of the company have a fidiciary duty to its shareholders to use corporate assets for the benefit of the company. Using corporate...

My Licensee Agreement is dated 8/21/03. I found they're a disguised Franchise on 8/25/10. When does the clock start? Can I sue?

How you proceed depends on what you want to happen. If you want to get out of the contract, recission may be the appropriate remedy if the...

CA S-corp 50-50 partnership dissolution, what happens when there is a conflict while distributing assets among both of them.

You need to take the position that the lease is/was an asset of the company to which you have an equal right. If your former shareholder partner...

If you are the sole shareholder of the corp it should not be a problem. You can assign the claim in exchange for the redemption of some of your...

Just purchased a corporation. just found out the previous owner opened another business using the name of the corporation

You need to review your purchase and sale agreement. Most likely you purchased the name of the corporation when you acquired the corporation and...

I agree with my collegues but one other option is to buy him out with a promissory note. In other words, you agree to pay him for his shares over...

Buying an existing medical group - corp. What are our malpractice liabilities?

There are several different options available to you. You can just buy the assets of the corporation as opposed to the stock. That way the...

Can an evicted business owner demand $ for the use of goods still in the place of business?

Since the evicted business lessee no longer has a right to occupy the premises, he no longer has the right to charge the chair renters for use of...