My husband and I own an S corp. I would like to sever the partnership but We are not able to pay our debts. What should I do?

It appears that you want to dissolve the corporation. You can start the dissolution process unilaterally if you own (at least ) 50% of the shares,...

Can i have LLC in Nevada & still get a reseller licence in Califorina to sell cars

With cars stored in CA, you almost certainly will be required to register an out-of-state business - and pay - in CA, anyway. Please see the post...

Is it legal for someone to use an image in an advertisement that was taken from our website without permission?

If your business owns the copyright in the image, then the vendor and Home Depot have infringed that copyright. Have you registered the...

Open company branch in USA

I have helped more than two dozen overseas companies and entrepreneurs set up operations here in the U.S. My blog has many post that you will...

"FINAL PAYMENT" in memo line.

From what you have written, it appears that the customer has submitted a check with a restrictive endorsement, and if you cash it, you are...

How best to divide ad revenue for tax purposes?

I agree with my colleague that you would be better off forming a separate legal entity, though I'm not sure, based on the facts that you have...

Having received an Accord and Satisfaction document by certified mail and having cashed the checks is this sufficient to bind me

It appears that the other party sent the checks for you to cash only if you accepted the Accord and Satisfaction. You cannot split their offer...

I agree with my colleagues that you (or your legal counsel) need to examine the LLC's Operating Agreement. If the OA does not specify who will...

"Repeated and successive transactions" interpretation for online-only global sales like PayPal?

I will answer with respect to CA law - because that is where I practice, and because CA uses the "repeated and successive transactions" language...

Do I need a court order to distribute Califronia LLC share to successor trustee after death?

This may well turn out to be a business issue much more than a trust issue. The Operating Agreement for any LLC with ten members should have...