Is it true in California that only a neededto fire the manager in a LLC?
That no matter what the operating agreement?
Dana's answer
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Answered on October 10, 2017
Reading between the lines, and to simplify the analysis a bit, I will assume that the LLC in question is manager-managed, rather than...
Archived
Can an existing company be the incorporator of a proposed company?
Dana's answer
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Answered on October 09, 2017
This question concerning whether an existing entity may form a new corporation raises an interesting, albeit minor, point.
The applicable...
Archived
Will my LLC protect me? What type of agreement do I need? Any pitfalls?
Dana's answer
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Answered on October 05, 2017
What you have described is a general partnership between your LLC and the other individual. A partnership agreement would be required.
That...
Archived
Can I legally control the rights to a relationship between two parties for a particular business transaction?
Dana's answer
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Answered on October 04, 2017
As the phrase "do not get circumvented" suggests, you apparently want a three-party agreement that includes a non-circumvention provision.
Yes,...
Archived
Is there a time limit for the city office to deny or accept your business license application?
Dana's answer
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Answered on October 04, 2017
The CIty of Vista (http://www.cityofvista.com/business/business-license) states that a business license should be issued within 7-10 days after the...
How to restore a cancelled LLC in California?
Dana's answer
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Answered on October 03, 2017
If I understand the facts correctly (terminology used in the question is a bit imprecise), the LLC filed a Certificate of Cancellation.
This is...
Archived
Do I control all of a "company" or "assets" if I have vested before another shareholder, I will hit cliff before?
Dana's answer
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Answered on October 03, 2017
I took a quick look at the terms set forth in the linked document.
Given both that document and the facts described above, this situation is way...
Can a company void an NDA signed by a minor that did not state an age to sign?
Dana's answer
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Answered on October 02, 2017
There is a great deal of confusion among the public (and, it appears, among some lawyers) concerning contracts entered into by minors.
Generally...
Archived
As a startup stockholder, what kind of information right do I have?
Dana's answer
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Answered on September 29, 2017
You have statutorily specified rights with respect to inspecting the stockholder list and other corporate records. However the corporation is not...
Suing a FTB Suspended corporation in California, filing for a suspended corporation's name.
Dana's answer
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Answered on September 27, 2017
If you bring a small claims action against the corporation, then at the hearing (assuming the corporation still is suspended), you can provide to...
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