Archived
Is a legal document needed to acknowledge a partnership that has ended when one partner agrees takes over the business?
Dana's answer
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Answered on July 18, 2016
There are at least two potential issues.
First, it appears that there was an assignment of an interest in a business entity (a partnership)....
Archived
ALIENS need Start Business In US,Need Lawyer office for several things
Dana's answer
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Answered on July 15, 2016
Having worked with dozens of international clients, I can tell you that you need to retain a business lawyer and an immigration lawyer, who will...
LLC California State minimum $800 filing tax.
Dana's answer
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Answered on July 13, 2016
1. The LLC probably has been suspended. It cannot be revived until all past-due amounts, plus interest and penalties, are paid to the Secretary of...
Archived
Stock options dilution/nondilution, how does it work?
Dana's answer
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Answered on July 11, 2016
Here is a hypothetical example of how anti-dilution protection works:
- A individual acquires shares that represent 1% of the company's issued and...
Joint Venture Agreement vs Operating Agreement?
Dana's answer
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Answered on July 06, 2016
Like my colleagues, I find it difficult to provide a definitive answer based solely on the limited information that has been provided.
A limited...
Archived
Can I create an LLC or corporation with 2 foreigners?
Dana's answer
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Answered on July 06, 2016
I have helped dozens of foreign clients form legal entities (corporations or LLCs) in the U.S.
Yes, a U.S. citizen or resident can co-own a...
Can an LLC purchase and own equity from one of its members if that member decides to leave the business?
Dana's answer
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Answered on July 04, 2016
It is best to think of this situation as involving (at least) two transactions.
First, the 35% member withdraws from the LLC, which pays the...
When providing an address to the CA secretary of state for an LLC, can a UPS store mailbox be used even when PO boxes can't be?
Dana's answer
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Answered on July 01, 2016
Yes, a UPS Store mailbox address can be used as an LLC's principal business address and for the other purposes listed in the question. A UPS Store...
Archived
Is a terms of service for a non-monetized blog (about dating and relationship advise) necessary for legal protection?
Dana's answer
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Answered on July 01, 2016
Given that you will be blogging about highly personal matters - dating and relationships - you should have Terms of Service that, at a minimum,...
Archived
How can a f-1 student legally start a business while he/she's not on OPT (without EAD).Is it different than normal registering?
Dana's answer
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Answered on June 30, 2016
Although I am not an immigration lawyer (I am a business lawyer), I have worked with many foreign clients, so I am familiar with the issues you are...
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