Archived
Does it show in the credit history of the person who signed during incorporation? Is there any thing wrong in this approach ?
Dana's answer
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Answered on March 14, 2016
Every year, countless business founders in your situation just walk away without looking back and without regret.
Because such an approach it...
Archived
I wish to find a qualified attorney to examine the draft and advise me to make sure the terms are fair and standard.
Dana's answer
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Answered on March 08, 2016
If I understand correctly, the agreement in question will be between you and the law firm that will help you look for a manufacturer to license...
Archived
H1B start and own a business in USA?
Dana's answer
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Answered on March 08, 2016
Yes, an H-1B visa holder can form and own a business that someone else operates.
For additional information, please see the post at the link...
Archived
Who is the sleeping partner in this agreement
Dana's answer
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Answered on March 06, 2016
Given use of the non-standard term "sleeping partner" and reference to identity cards, it is not at all clear that the subject agreement is...
Archived
Can the lawyer of a startup located in California be a lawyer of the company and a shareholder?
Dana's answer
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Answered on March 06, 2016
1. Generally, a lawyer can represent a startup corporation and a shareholder (I routinely do that when I assist one or more founders to form a...
Archived
My LLC is located in a state where filing a DBA is not possible. Can I still use a fictitious name and act as a DBA?
Dana's answer
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Answered on March 04, 2016
Adding to Attorney Doland's answer:
You have confused several closely-related issues. You should retain an experienced business lawyer in your...
Archived
How to collect from an International Client if I win by default in the State of California??
Dana's answer
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Answered on February 26, 2016
Your litigator in California (once retained) can conduct research (probably contact a lawyer in the U.K.) to determine precisely what will be...
Archived
How can I take full ownership of a 50/50 partnership (LLC) with an ineffective business partner?
Dana's answer
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Answered on February 25, 2016
Unfortunately:
- 50-50 ownership, without any prior agreement concerning dispute resolution (apparently the case here), is a disaster (deadlock on...
How do I change the par value of the shares of a company I just incorporated?
Dana's answer
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Answered on February 24, 2016
You are not the first person to have fallen into Delaware's no-par-value trap. Please see the post at the first link provided below.
You need to...
Archived
How to create a CAP TABLE
Dana's answer
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Answered on February 22, 2016
As I think about this question, several thoughts race through my mind.
First, if an attorney helped you form the corporation (in 2013, according...
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