If we receive two weeks vacation at the beginning of every year, does it get paid out?

If I understand correctly, (1) you received your 2019 vacation time and used it, and (2) you have not yet received your 2020 vacation time, because...

Close Nevada LLC but keep California Foreign LLC?

Based on the information you have provided, it appears that you have a misunderstanding concerning the foreign LLC. The foreign LLC is *not* a...

When an employer offers unlimited PTO, there is no accrual of PTO hours, thus there are no PTO hours to be paid upon termination. I find it...

Fitness Business I was subleasing to skipped out of lease with 3 months left.

You are correct that terminating a business license does not give a subtenant the right to terminate the sublease. You can use Find a Lawyer at...

A corporation formed in California must have a physical address, which may be in CA or may be elsewhere. The physical address does not need to...

Generally, unless one of the corporation's charter documents or a relevant agreement states otherwise, other shareholders cannot force a minority...

Experience with LLC w.r.t FAA?

One of the great things about a limited liability company is that economic rights and voting rights can be sliced and diced any way the members are...

Is it the same cost to Foreign Qualify a Series LLC as a traditional LLC in the state of California ?

California has no laws that expressly pertain to series LLCs. Consequently, to the extent that a series LLC comprises multiple LLCs and each of...

As a minority shareholder in a private company, what happens if i do not consent to dilution of shares?

I agree with my colleagues. Without analyzing all relevant facts, documents and communications, it is impossible to provide a definitive answer...

How to write a promissory note

How to draft a promissory note: Approach #1 - Find a promissory note online, then adapt it and hope that you do not compromise your legal...