Archived
Is it legal for a company to close your employee accounts and access to files when you're on short term disability?
Dana's answer
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Answered on May 26, 2017
Based on the limited information provided, it appears that the employer has done nothing wrong.
If an employee is not actively performing his or...
Archived
Options to open a company to work as IT consultant
Dana's answer
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Answered on May 21, 2017
Many people in your situation would form a limited liability company (LLC) rather than a corporation because there are fewer compliance...
Archived
Dissolving a LLC without the authorization of the other partner
Dana's answer
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Answered on May 17, 2017
You have not stated how much of the voting interests each member (not partner) controls.
If dissolution is not addressed in the LLC's Articles...
Archived
C corp has authorized shares of 20,000.000 common & 5,000,000 preferred. How many shares to be issued to the only founder?
Dana's answer
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Answered on May 01, 2017
Small-picture answer:
If you are the only one to whom shares have been issued, then you are the sole (100%) owner of the corporation.
Under...
Archived
Looking for legal/tax advisor to advice on set up of start-up in the US with US and non-US shareholders
Dana's answer
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Answered on April 28, 2017
I have helped dozens of foreign clients establish businesses in the U.S. and have blogged extensively about the challenges that they face.
As...
How do you find out what has been filed with the Secretary of State for a LLC or if there has been changes to the LLC.
Dana's answer
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Answered on April 24, 2017
The Secretary of State form (which includes instructions and specifies applicable fees) for obtaining all documents filed by a given LLC or...
Archived
If we kick out a partner from our LLC that we burrowed loan $100K together with, who will be responsible to repay the loan?
Dana's answer
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Answered on April 21, 2017
In all likelihood, no one on Avvo can give an answer to this questions as asked because it is based on a false assumption.
"If we kick out a...
Archived
Is it safe to sell the business to a buyer who likes to pay in installments for up to 1 year based on a promissory note?
Dana's answer
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Answered on April 20, 2017
It is "safe" to sell a business to a buyer who pays pursuant to a promissory note if (a) the payment obligations are secured by all of the...
Archived
My father is manager of LLC and I own most of it. He is getting old and is making irrational decisions.
Dana's answer
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Answered on April 20, 2017
As majority owner, you may have the power to remove your father, or limit the actions he can take, as manager.
However, a lawyer would need to...
Archived
I filed LLC with California through Legalzoom - Is there any way I could modify the documents sent (articles) with new LLC name?
Dana's answer
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Answered on April 18, 2017
If I understand correctly, LegalZoom has sent the Articles of Organization to Sacramento, but the Secretary of State has not yet processed...
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