Unethical Business Partner

You evidently have no Partnership Agmt. Even without one, partners in a partnership have a fiduciary duty (the highest) to each other. In a word...

Unethical Business Partner

You evidently have no Partnership Agmt. Even without one, partners in a partnership have a fiduciary duty (the highest) to each other. In a word...

Can I withhold a deposit from a client who breaches contract?

Legally she is trying to get unjust enrichment. She wants a refund and the goods as well. Although she did not sign the contract, she may be...

In most states a shareholder cannot be removed without her consent, unless you have a Stockholder's Agmt permitting you to do that. Also you...

When moving from sole trader to a corporation, do I need to create a document to transfer the business to the company?

What’s the point of forming the corp if you don’t move the business into it? If you go on doing business as you have, you are getting no legal...

WHAT'S A DBA IN REFERENCE TO PUBLISHERS NAME

DBA is short for "doing business as." If a person or a corp elects to use a fictitiousname different from his legal name to do business, he must...

What does it mean in a business contract to warrant that 'Company has the authority to perform its obligations hereunder'?

One scenario: If a corp (or LLC) has been suspended by the state, e.g., for nonpayment of state taxes, it no longer has the authority to do...

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If I license my intellectual property to my company, could I lose limited liability status?

I usually advise my IP clients to license their IP to their LLC or corp for royalties rather than contributing the IP. On the upside, it’s another...

Someone is interested in purchasing shares of my sub s Corp in Georgia. Can I choose what price I want to offer?

The appraisal price does not control, but it is a starting place. You will need to show the buyer where the appraisal undervalues the future...

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Is a company's customer list a trade secret or confidential information if the company rents that list to the public?

Courts will protect trade secrets only if the owner protects them and keeps them secret and, of course only if they are in fact secret from the...