Archived
How does an Indian citizen and USA citizen form a company in the U.S. to sell software in USA while developing it in India?
Dana's answer
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Answered on June 23, 2016
I have helped dozens of foreign clients start up businesses in the U.S.
You have an advantage over many other foreign-based startups in that you...
How does a cancelled Delaware Domestic LLC affect the company's California Foreign LLC?
Dana's answer
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Answered on June 21, 2016
It appears that you have mixed two different situations / terms, thus it is impossible to provide a definitive answer to this question as...
Archived
On what basis and wherdo I challenge the capacity of the corporate officer named in documents on file with the CA Secy. of State
Dana's answer
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Answered on June 20, 2016
Reading between the lines, it appears that:
- A Statement of Information filed with the Secretary of State identifies an individual as an officer...
Archived
Can a foreign Delaware LLC open a US bank account?
Dana's answer
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Answered on June 16, 2016
Having helped dozens of international clients start businesses in the U.S., here is what I have found with respect to opening a bank account...
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Archived
Will consulting agreement apply if signed before company incorporation?
Dana's answer
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Answered on June 13, 2016
As my colleagues have noted, it is not possible to provide a definitive answer to this question because (a) it is not clear which party you are and...
Archived
I gave my business partner 49% he has invested 0% how do I remove him
Dana's answer
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Answered on June 13, 2016
A lawyer would need to examine all of the relevant facts and documents to answer this question.
If you are lucky, perhaps the other member's...
Archived
I need help with filling LLC-1 Form
Dana's answer
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Answered on June 10, 2016
Yes, "One Manager" is the option you want under your circumstances.
That manager may be a member or a non-member; it does not have to be...
Archived
If a shareholder does not pay the full sum and then later wants to relinquish his shares for free, is that allowed?
Dana's answer
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Answered on June 08, 2016
I will assume that there are no agreements or corporate charter provisions that bear directly on these questions. Accordingly, the following...
Archived
Should I receive distributions in my LLC after I have tendered my resignation but before the purchase of my minority interest?
Dana's answer
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Answered on June 01, 2016
I agree with my colleagues that an experienced business lawyer will need to analyze the Operating Agreement and the relevant facts to answer this...
Archived
In our startup, we agreed to issue shares to the founders, but never signed share purchase agreements. Is this OK?
Dana's answer
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Answered on June 01, 2016
This question raises at least two issues.
First, the consideration to be paid must be deposited into the corporation's bank account. That is...
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