Archived
Can a Restricted Stock Purchase Agreement with Cliff Vesting apply to a share transfer between a founder and co-founder?
Dana's answer
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Answered on April 08, 2014
It is impossible to provide a definitive answer without examining existing corporate documents and the proposed transaction in detail. (Also, the...
Archived
Is it legal for a bank to accept a deposit without documenting the paper transaction?
Dana's answer
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Answered on April 07, 2014
You have raised several issues.
DDA means a demand deposit account, i.e., a checking account.
Paperless, as the term suggests, refers to a...
Archived
Can a venue rip up a contract and start over months AFTER cashing a $2000 non refundable deposit?
Dana's answer
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Answered on April 07, 2014
Generally, unless the contract so provides, a party cannot unilaterally terminate or amend it.
That said, a lawyer would have to examine your...
Archived
My car is registered under my father in law name. My husband and i have pay the car for the past years. But he wants to take it
Dana's answer
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Answered on April 03, 2014
The information you have presented suggests that you may be entitled to some financial recovery from your father-in-law if he sells the...
Archived
Can we cancel a wedding venue in the state of California 2 months before a wedding and not be responsible for the ballance ?
Dana's answer
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Answered on April 03, 2014
I agree with my colleague:
One would need to analyze the contract to provide a substantive answer to your question.
Archived
Can a non resident alien can start business in USA without actually visiting USA ?
Dana's answer
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Answered on April 03, 2014
Yes, you can start a business here remotely.
However, you will need someone in the US to open a bank account for you and, as you noted, to...
Archived
Delaware , Nevada, Wyoming ? where to start business considering person who wants to start business is no-residential alien.
Dana's answer
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Answered on April 03, 2014
Having helped ~40 foreign clients bring their businesses to the US, I will offer the following observation:
One resource you are likely to need...
Archived
Do California Commercial Codes 2313-2317 (on warranty) apply to a business when it goes out of business?
Dana's answer
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Answered on April 03, 2014
It is impossible to provide a definitive answer based solely on the information provided. However, the following general principles should...
Archived
I already have a registered LLC, creating a new unrelated company now, is there a benefit to creating a new LLC as well?
Dana's answer
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Answered on April 03, 2014
Among my clients, the major incentive for creating a separate legal entity is to ensure that financial failure of one business (e.g., as the result...
What happens to LLC membership interests after the LLC buys them back from a member?
Dana's answer
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Answered on April 02, 2014
One would need to know more about the transaction to provide a definitive answer.
That said, and putting on my mathematician hat, I suspect that...
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