A member-manager giving up their manager role to not breach fiduciary duties in an LLC?
According to CEB's Selecting and Forming Business Entities, 2d ed., Section 11.19: - As a member-manager, you have a fiduciary obligation to the...
Piedmont, CA
Business Lawyer at Piedmont, CA
Practice Areas: Business, Corporate & Incorporation, Limited Liability Company (LLC)
According to CEB's Selecting and Forming Business Entities, 2d ed., Section 11.19: - As a member-manager, you have a fiduciary obligation to the...
From your description, it is not clear to me whether you need to establish a separate legal entity to accomplish your objectives. To the extent...
Please pardon my disagreeing with the prior three answers, but here is reality surrounding your first question: *** VCs do not sign NDAs....
It is impossible to give a definitive answer without examining the agreement and the facts surrounding your entering into it. Based on the...
My personal experience with conveying timeshare interests leads me to believe that the situation may be a bit more complex that is suggested by the...
There is no need to include your wife as a member of the LLC. Absent any restrictions on membership transfers in the Operating Agreement, upon your...
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I agree with Ms. Koslyn and will add the following: On the topic of LLC vs. corporation, you might find the post at the first link below...
I agree with Ms. Koslyn. The post at the link below lists some of the factors that are considered in the employee / contractor...
A lawyer would have to review the agreement to let you know what your rights and obligations are. It is quite common for agreements to have...
Assuming that the lease clearly shows that you signed as an officer or other representative of the corporation rather than as an individual, the...
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