Questions answered by Dana Howard Shultz

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Does a State have power to collect on LLC? If I don't pay, can Ohio do anything to affect my personal credit or tax return?

Dana's answer | Answered on May 19, 2014

As a practical matter, I would find it difficult to envision the Ohio AG coming after you in Colorado for such a small amount, even if your were...

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Does a State have power to collect on LLC? If I don't pay, can Ohio do anything to affect my personal credit or tax return?

Dana's answer | Answered on May 19, 2014

I agree with my colleagues. However, as a practical matter, I would find it difficult to envision the Ohio AG coming after you in Colorado for...

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Contract with China manufacturer , should the contract be written both in English and Chinese contract?

Dana's answer | Answered on May 19, 2014

In my experience, the agreement is prepared in both languages, because each party wants to be able to understanding its rights and obligations in...

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I want to sell my shares in an s corp. Partners do not want buy. How do I market to outside parties?

Dana's answer | Answered on May 19, 2014

You should retain a local business lawyer to review all corporate documents and advise you concerning your rights and obligations. For example,...

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Daycare license suspended, if the business went corporate before the suspension, are the owners a separate legal entity

Dana's answer | Answered on May 19, 2014

As a general principle, a corporation is an entity that is legally separate from its shareholders. The details that you provided are confusing....

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Civil Release of all Claims

Dana's answer | Answered on May 19, 2014

A lawyer would have to read the entire release to render an opinion.

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What should I specify if I sign a material release for my product/trademark to be used on a television show?

Dana's answer | Answered on May 19, 2014

I agree with my colleagues that you should retain a lawyer to analyze the entire agreement and advise you accordingly. Having helped a client...

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If a defendant corporation is sold what happens to its debt obligations?

Dana's answer | Answered on May 19, 2014

I agree with my colleague: Generally, a corporation's debt obligations stay with the corporation, even if its shares are transferred to a new...

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A foreign company is trying to partner with a permanent resident to open a branch office in the US.

Dana's answer | Answered on May 19, 2014

You have raised several issues: - The title question refers to a "branch office", which probably is not the best approach. Please see the post...

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My husband works at a auto dealership over the weekend someone broke into the shop and stole thousands of dollars worth of tools

Dana's answer | Answered on May 19, 2014

I agree with my colleagues: The dealership probably is not responsible for reimbursement.

Dana Howard Shultz's Answers (5175)

Does a State have power to collect on LLC? If I don't pay, can Ohio do anything to affect my personal credit or tax return?

Does a State have power to collect on LLC? If I don't pay, can Ohio do anything to affect my personal credit or tax return?

Contract with China manufacturer , should the contract be written both in English and Chinese contract?

I want to sell my shares in an s corp. Partners do not want buy. How do I market to outside parties?

Daycare license suspended, if the business went corporate before the suspension, are the owners a separate legal entity

Civil Release of all Claims

What should I specify if I sign a material release for my product/trademark to be used on a television show?

If a defendant corporation is sold what happens to its debt obligations?

A foreign company is trying to partner with a permanent resident to open a branch office in the US.

My husband works at a auto dealership over the weekend someone broke into the shop and stole thousands of dollars worth of tools