What is the minimum %age of shares which a minority shareholder should have to be a Director in a C corp.

You do not identify the state in which your corporation is organized. I'll use the State of Washington, where I practice, as an example. In...

I am being offered an equity position in a start up company in exchange for work performed. I don't see how I will benefit.

Accepting an equity stake as compensation requires a risk-reward analysis that can't be answered with the bare facts you have provided. But yes,...

I own 10% of a WA corporation. I want out but wonder how I can get the 10% that I own.

Your 10% interest in a business whose book value (assets exceeding liabilities) is at least $3,000,000 is worth something, to somebody. There are...

Stay in business and Dissolve LLC partnership, but what to do at Tax Time?

You do not need to "dissolve" the LLC, unless Indiana law is unique from all the other states of which I'm aware. You would simply document your...

There's two aspects to this question, the first pertains to corporate law and the second to tax law. As to corporate law, you would need to...

I'm speculating some here, but Whole Foods Markets, Inc. is, indeed, a corporation that is headquartered in Texas. I see that its website is...

Can I prosecute my partner in business.

Disputes like this between co-owners of a business are not likely to be prosecuted. The police consider these kinds of issues as civil, not...

I'm not aware of any peculiarity of Arkansas law that would lead to a different conclusion, but at least in my state (Washington), unless the...

Is my NCA enforceable?

The article that Mr. Sullivan cites provides a good summary of how Washington courts are likely to treat a non-compete. It is fair to say that...

Moving a PA LLC to Connecticut

There's different ways to structure the sale of a business. You would be wise to consult legal counsel earlier rather than later, as well as your...