Can a manager with no stake in an LLC have equal authority as a manager with 50% stake in the LLC?

An LLC can be set up as you have described. The potential issues I see are related to A's H-1B status, not LLC structure or management: - A's...

Using open source software contrary to its license terms can provide the basis for a copyright infringement suit. The developer has a distinct...

Attorney's Escrow Account for start-ups.

Generally, seed funds being invested in a company are deposited into the company's bank account. You have not provided any factual background....

How to spin out a new company from an old company?

I suspect that #1 will be more efficient in the long run. If X makes enough money to justify paying taxes, keep it in operation; if not, dissolve...

I'm trying to verify if a company I am investing is properly registered in California and federally. How do I do that?

As concerns the State, it is important to confirm that the corporation is up to date on Statements of Information and Franchise Tax Board filings...

Is it right for lawyer to not include medical report when demand letter is sent?

1. I doubt that any Avvo lawyer is going to second-guess legal counsel for an already-represented claimant. 2. No lawyer can provide a...

Someone is not making good on a promissory note. What type of lawyer do I need?

You need to retain a business litigator to advise you and, if you proceed with litigation, to represent you.

Assuming that no formation-related documents control shareholder agreements, the answer depends on what you want the agreement to accomplish. If...

IS IT IMPORTANT TO DESCRIBE USA ADDRESS ON CONTRACT ?

I typically like to see a headquarters address in an agreement. However, it is appropriate to ask the counterparty for other applicable...

Consequences of registering LLC in another state. No employees in USA.

Determining whether your DE LLC would be "doing business" in NV, thus would be required to register there as a foreign entity, is highly...