If a company goes bankrupt and I have a common stock cert is it worth anything? It has a one printed in the middle and less than

If the corporation went into bankruptcy and was liquidated, the shares are worthless (as an ownership interest). If the corporation went into...

What is required to increase a sole owner's shares in a corporation?

As I read the question: A. The articles of incorporation authorize more shares than 1,000 shares, and so no amendment need be filed with the...

With respect to your question about the $800, you are confusing two matters. The state follows the IRS on whether an S corp is a flow-through...

Im single member Nevada LLC , a music teacher, I've been hired to teach in Los Angeles for 8 weeks, do I register LLC in Cali

The answer is uncertain here. The Franchise Tax Board in California is quite aggressive in pursuing out-of-state entities for failure to qualify...

Resorting to self-help (taking a partner's name off the bank accounts and changing the locks) sometimes works, but often it leads to paralysis of...

Can I dissolve my WA corporation and assign a judgment to myself that is in name of corp?

In California, a judgment creditor, that is, a party to a lawsuit who has obtained a judgment in his favor, can transfer the judgment. This is...

If i file for a personal BK how is that going to influence my C corporation?

As the other attorney noted, your corporation is separate from you. Your stock in the corporation, however, will become an asset of the bankruptcy...

I was a shareholder in an S corporation. The corporation went out of business during the economic downturn and could not repay

In some cases, a loss on stock in an S corporation may entitle the holder to claim an ordinary loss. Often, however, the losses incurred by an S...

Can I take my investment capital out at anytime, I don't have a partnership aggreement?

If you have the consent of the other two partners, there would be no problem with your withdrawing part of your capital contribution. If you don't...

I am in a 26% owner in an LLC. My partner is majority at 74%. We've had disagreements regarding operations.

Let me be blunt about this. You are in a pickle, and you are going to have to hire a lawyer who is experienced in this area, an area lawyers...