The corporation may sell you its cause of action. You would then own the lawsuit. This would be an Assignment agreement. Then you may sue pro...

Civil Procedure Question: Can I get a case dismissed with prejudice in CA Superior Ct because the Plaintiff Entity is bankrupt?

The settlement is an assets of the BK estate. Thus, you may offer the BK trustee a sum of $ to buy the settlement from the BK estate. The estate...

Can and LLC have an event with casino games if chips were given at the door and no prizes were given? (California Law)

The LLC may make games available, even games of chance. For games of chance, the LLC should give the chips away, and collect the chips at the end. ...

If you were in a sex act and you were under the age of 18 and the other person was over 18 you should call the police because this is considered...

I rent & pay rent on time, property is in foreclosure, owner's loan default. I want to buy. Owner not cooperating. What to do.

You may offer to buy the notes from the lenders at a discount. If you buy the notes, then you can foreclose. You only need to buy the first if the...

You may reactivate your old corporation but you would have to pay the taxes for all the years it was inactive, at least $800.00 per year. You...

You do not have to pay the lien to transfer the house to your name after mom dies. But the lien will still be there, and if you ever sell or...

What would the valuation of our company be? Is 25% equity fair for a $525,000 investment? The two owners would retain 30% each.

First, determine the fair value of the assets less the debts. Note, a balance sheet alone will not provide the value of the company or the equity...

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The person that filed the 850 Petition need only ask the court clerk to dismiss it. If it has been served on other parties, the other parties...

Can a married couple be the only members of a nonprofit board?

No its not true. However the purpose and function of the 501 non profit are evaluated by government, and perhaps others. A divercivied board always...