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My future business partner doesn't want to be a member in LLC. Will that be a problem in the future if we have any conflicts?
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Answered on May 03, 2012
In addition to what the other attorneys have said, I'd like to question whether, given your friend's reluctance to become a co-owner of the...
Archived
Value of member interest in LLC
Inna's answer
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Answered on May 03, 2012
The reason that many people are drawn to the LLC entity form is the flexibility that its gives to the owners of the LLC to structure their...
Archived
Can a Delaware LLC get business License in washington?
Inna's answer
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Answered on May 03, 2012
I agree that the bank is probably asking for qualification to do business.
Does your company have employees or business operations in the State...
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Amending the Article of Incorporation
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Answered on May 03, 2012
The process of changing your company's name is going to have two stages. First, you will need to file a certificate of amendment to the existing...
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Can i get out of a signed contract if the company is not holding up to their side of the deal?
Inna's answer
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Answered on May 02, 2012
In order to answer your question, one would need to review the contract you signed with the party planning company, so my thoughts below are...
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I'm being hired as an independant contractor for a job in Illinois but in the contract corporation is setting my hours?
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Answered on May 02, 2012
The laws around consultant/employee characterization are complex and fact-specific. One particular factor does not decide the outcome.
In this...
Archived
What is a legally valid way to record equity split between founders who plan to incorporate later?
Inna's answer
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Answered on May 02, 2012
The most common way is to enter into a pre-incorporation agreement. I have added a link to my answer with some basic information about...
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Delaware LLC, living in Nevada
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Answered on May 02, 2012
I am assuming that the reason that you are looking at Delaware is because your "software business" is really a startup and you want to follow the...
Archived
Converting an LLC to a Corporation - What happens to the liabilities - specifically loans?
Inna's answer
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Answered on May 02, 2012
You should check the loan documents in place with the bank. There is probably a section called "Negative Covenants" or something similar, which...
Archived
Do I need to hire or get employment ID nr?
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Answered on May 02, 2012
Channy,
The practical answer to your question obviously depends on the company's financial situation. If there are a few of you starting the...
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