Questions answered by Shawn Regis Jackson

Archived

I am a 10% shareholder in s corp. the other 90% of corp is held in a gift trust in my soon to be x husbands name.

Shawn's answer | Answered on January 31, 2011

Well, the first questions are (1) did the corporation sell the shares of the corporation or (2) did the corporation sell just the assets. Then the...

Archived

I have a contract for my storage unit but the company said it was not mine

Shawn's answer | Answered on January 28, 2011

I would agree that you will want to seek legal counsel in your geographical area. The first question that you want to determine is the approximate...

Archived

Can a professional service business be eligible to become an "S" corporation in CA?

Shawn's answer | Answered on January 28, 2011

Although I would certainly agree with the previous attorney, i may add that you think about the differences between an LLC, a "C" corporation and...

Archived

How do I structure a doc covering the repayment of a loan that a corp. owner made to his corporation?

Shawn's answer | Answered on January 27, 2011

I would certainly echo what the previous attorney had to say. I would assume that the loan from this individual was prefaced by a properly noticed...

Archived

In July 2008 I resigned as a officer of a s-corp . We had a contract with a supplier.

Shawn's answer | Answered on January 27, 2011

Observance of Corporate Formalities In order to protect the shareholders, you must have complied with certain requirments; one of the most...

Archived

Do i need to fill out any forms if ive been served with breach of contract papers for an unpaid loan?

Shawn's answer | Answered on January 24, 2011

Yes, if you have been served from the court (i.e. service of process) the "clock" is running and you only have a limited amount of time to...

Archived

Transferring S-Corp ownership to father...

Shawn's answer | Answered on January 24, 2011

Great comments by the previous attorney...and as with all such decisions, such "transfers" should be made in context of an overall planning...

Archived

Can i get my attorney retainer fee back if attorney didnt do job

Shawn's answer | Answered on January 21, 2011

Well, the answer depends upon several factors: (1) what does the written attorney client fee agreement state; (2) was the agreement a contingency...

Archived

Major breach of contract

Shawn's answer | Answered on January 20, 2011

Yes, for the most part, the resolution of this situation will rest upon a qualified attorney reviewing the contracts and the written communications...

Archived

What I need for doing a business after setting up a LLC?

Shawn's answer | Answered on January 20, 2011

General Legal Considerations: (1) You should read and review the Articles of Organization and the Operating Agreement. (2) If the company will...

Shawn Regis Jackson's Answers (1025)

I am a 10% shareholder in s corp. the other 90% of corp is held in a gift trust in my soon to be x husbands name.

I have a contract for my storage unit but the company said it was not mine

Can a professional service business be eligible to become an "S" corporation in CA?

How do I structure a doc covering the repayment of a loan that a corp. owner made to his corporation?

In July 2008 I resigned as a officer of a s-corp . We had a contract with a supplier.

Do i need to fill out any forms if ive been served with breach of contract papers for an unpaid loan?

Transferring S-Corp ownership to father...

Can i get my attorney retainer fee back if attorney didnt do job

Major breach of contract

What I need for doing a business after setting up a LLC?