What are the personal risks to property held under different LLC's w/ separate partners, if something goes wrong with creditors?

In most states, creditors cannot levy on the property held in a debtor’s LLC, but can only get a “charging order” against the LLC which is a bit...

My landlord said his House insurance doesn't covered my damaged stuff? Is this true?

It's probably true that his homeowner's insurancde does not cover damage to tenant's property, because that was related to a business he was...

Can I add personal fund to my LLC company

Contributions of capital to LLCs and corps are tax-free, the revenue is no problem, but they can be hard to get back without tax consequences. ...

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Our business sometimes has damaged to merchandise caused by our trucking company. Sometimes they pay claims, sometimes they don'

You probably don't have a practical legal remedy. Why haven't you changed carriers?

Three officers in a corporation, each with 33% of the shares, can two of them decide to fire/remove the third?

No, they cannot, unless you have a shareholder’s Agmt that would give them such authority. Acting together they comprise a majority of the...

I sold my business and new owner did not pay as per promise and agreement. Do I need attorney to take over the business from her

Does your purchase Agmt gibve you a security interest in the assets of the business? Did you perfect it by filing a Form UCC-1 with the state or...

If corporation's status is revoked, are the owners still protected?

Upon suspension for failure to pay taxes, “the charter of a corp is not forfeited, but its rights and privileges are merely ‘suspended’. . . Its...

My tenant told me she fell a few weeks ago on my front porch. She wants my house insurance info. Do I have to give it to her?

It's a good idea to consult with a litigator, just in case. If you don't give her your insurance info, she will just go to a lawyer and your...

Does your employer have to pay you for unused vacation hours when you are terminated?

In most states vacation pay is accrued on the books of the employer. It is considered an asset of the employee and must be paid upon...

TRO, NJ Law. Under what circumstances can someone's business be shut down by a lawsuit even temporarily?

A TRO is a temporary restraining order. It is temporary pending trial of factual matters to determine whether a full injunction should be ordered....