Archived
I'm consulting for a firm, but plan to quit soon. How do I release myself of all liability if I want to start my own company?
Dana's answer
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Answered on November 28, 2017
You certainly can ask the Company to sign a release acknowledging that the Company has no claim on your new firm.
However, I suspect that the...
Archived
Business: Can an Inmate be partners in a LLC, in California?
Dana's answer
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Answered on November 28, 2017
Yes, an inmate can be a member of a limited liability company (LLC). (LLCs have members rather than partners.)
Yes, it is possible for an inmate...
Archived
What are my options, Silicon Valley Startup won't pay?
Dana's answer
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Answered on November 27, 2017
It is difficult to provide a definitive answer to this question because we don't know how much X is.
If X is a low number, you can bring a small...
Archived
What are the information that must appear on a stock option grant notice?
Dana's answer
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Answered on November 27, 2017
The information that was provided in your stock option grant notice is among that which typically is provided. In addition, I usually see an...
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Archived
Can i legally force my moms exboyfriend to return me my phone which he took and he doesnt pay for
nor own?
Dana's answer
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Answered on November 24, 2017
Report the phone theft to the local police.
With a little luck, once the police contact your mom's ex, her will return the phone.
Archived
If Ieave my LLC in the state of California, do I automatically forfeit rights to intellectual property I personally generated?
Dana's answer
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Answered on November 23, 2017
This question raises a subtle issue that makes it impossible to provide a definitive answer based on the information that has been provided.
The...
Is it legal for an electricity company to make me pay someone else's bill?
Dana's answer
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Answered on November 21, 2017
In my experience, situations such as this one are resolved by presenting documentation that shows that the current tenant / owner took possession...
Archived
How can I sell shares?
Dana's answer
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Answered on November 20, 2017
If the corporation issues shares to an investor, the proceeds are deposited into the corporation's bank account.
If the corporation issued...
Archived
I have a general partnership in the state of california (not registered with the state but with the Orange county)?
Dana's answer
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Answered on November 17, 2017
This is one of those times that I am going to disagree with my colleagues.
The Secretary of State Conversion Information page...
Archived
Re. aging what sources explain or give industry standard formula for aging prorated dollar amounts?
Dana's answer
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Answered on November 17, 2017
It appears that the point of obtaining each item's age is to determine how much the carrier will pay based on how much of the item's useful life...
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