I'm extremely curious whether my prior employer can file suit against me because of a non-compete contract.

Non-compete agreements are (generally) enforceable in NJ---to the extent they are reasonable---which includes consideration of the geographical...

Collecting Seller Financing of a Closed Business

I concur with the prior answer. It depends on the terms and conditions of the loan agreement. If you had legal counsel when you bought the...

I want to close my company as I'm effectively out of business, but I've been told not to.

As a general rule, the dissolution of a corporation/LLC does not render the owners personally liable for the entity's debts. However, final...

In absence of an operating agreement, the state law governing the LLC will control the issue. Some state laws do provide for the expulsion of a...

Can I work as independent contractor position with a client that my current employer declined

Non-compete agreements are enforceable in NJ to the extent they are "reasonable." The distinction you are attempting to draw is VERY fine, and...

My husband recently entered into a business partnership using money borrowed from a family member.

I concur with Jesse. If you're asking whether or not your husband needs to include you in the new "partnership," the answer is, "no," unless he...

A DE Co. has one shareholder he wants to sell 100% shares to a LLC. Is a purchase agreement sufficient?

As a general rule, stock is freely transferable and an LLC can own stock of a coporation. As noted previously, there are concerns if the...

I need to know if I can force 2 members out of the company?

In absence of an operating agreement, the LLC's state law typical governs matters such as expulsion. Most typically, expulsion of a member such...

Are original signatures a thing of the past? doesnt a civil complaint still require an original signature?

It varies from state-to-state, court rule-to-court, topic-to-topic. I would guess that most states still require signatures on wills to be...

Partner and I formed LLC and purchased a piece of property. they LLC was set up in may 2010 and partner removed my name from

I agree with Pam. Changes to a ministerial annual report form have no impact on LLC ownership. Under most states' LLC laws, in the absence of an...