Archived
Is it a breach of contract when the entrepreneur refuses to pay back the loan at the loan expiration date in a Convertible Note?
Dana's answer
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Answered on May 17, 2015
Based on the facts you have provided, and assuming that the Convertible Note contains provisions that are typical for that type of instrument, (a)...
Archived
Contract question
Dana's answer
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Answered on May 17, 2015
As a matter of style, I prefer "a California limited liability company", i.e., with the type of entity spelled out rather than the abbreviation...
Archived
We are creating a shareholder agreement and need some help concerning some wording of dissolution clause.
Dana's answer
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Answered on May 17, 2015
I agree with my colleagues that you should retain an experienced business lawyer to help you prepare the shareholder agreement.
That said, there...
If you put a condo into a living trust. Do the trustee handle all the condo business like meetings and voting?
Dana's answer
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Answered on May 17, 2015
Assuming that "put...into a living trust" means that the trust owns the condo, the trustee exercises rights and satisfies obligations pertaining to...
Archived
Curious, what are the step(s) needed to hire your first employee in Seattle, WA. Imagine I just incorporated my Company today.
Dana's answer
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Answered on May 13, 2015
You should re-post this question under WA (rather than CA) so it will be seen by more lawyers in WA.
Archived
Do manufacturers indemnify against trade secrets as often as patents?
Dana's answer
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Answered on May 13, 2015
In my experience, a well-drafted indemnification provision will apply to infringement or misappropriation of a third party's intellectual property...
Archived
Does owning shares with vesting schedule in start up means you are legally working for the company?
Dana's answer
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Answered on May 11, 2015
I agree with my colleagues: Ownership of stock with a vesting schedule, by itself, does *not* make one an officer, director or employee of a...
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Investment in an Inc , C- corp . But doesn't have valid work visa to work . And no SSN Number
Dana's answer
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Answered on May 06, 2015
1. Any experienced business lawyer should be able to help you prepare an appropriate, enforceable new agreement.
2. Your friend can own an...
Archived
I have LLC in CA. When there are forms you fill out for a dissolution,amendments and other changes. Do these changes show up in
Dana's answer
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Answered on May 05, 2015
Dissolution, certain amendments to the Articles of Organization, and certain information on Statements of Information will be reflected on the SoS...
Archived
Corporate Question: If i want to specify how shareholders should go about selling their shares in future should they desire so..
Dana's answer
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Answered on May 04, 2015
You need a buy-sell agreement among the shareholders. Sometimes the corporation is a party to the agreement (in which case the board of directors...
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