Archived
If a partner of an LLC with equal shares decides to leave business and start one of her own, is she entitled to half the busines
Bryant's answer
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Answered on March 10, 2011
The first question is: what does your Operating Agreement say? Beyond that, members of an LLC have a fiduciary (the highest) duty to the LLC not...
Maximum legal intererest rates in CA
Bryant's answer
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Answered on March 08, 2011
The maximum legal interest rate in California is a variable amount based on federal interest rates with a minimum (currently in effect) of 10%,...
What is the easiest why to accomplish a stock split for a small corporation?
Bryant's answer
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Answered on March 08, 2011
The simplest thing would be to issue a stock dividend of 99 shares per outstanding share. No stock split or amendment of the articles would be...
Archived
I own 10% of a WA corporation. I want out but wonder how I can get the 10% that I own.
Bryant's answer
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Answered on March 08, 2011
I agree with the above answer. The parties need to agree on the value of the corp as a going concern. That might be 5 to 10 times earnings for a...
Archived
What do we really payout to our business partner?
Bryant's answer
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Answered on March 08, 2011
Claims for value added for bringing in clients are common and honored in partnerships, but they have no place in corporate valuations. You are...
Archived
What do we really payout to our business partner?
Bryant's answer
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Answered on March 08, 2011
Claims for value added for bringing in clients are common and honored in partnerships, but they have no place in corporate valuations. You are...
I need help. Termination for unintentional breach of confidentiality.
Bryant's answer
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Answered on March 06, 2011
Nobody at AVVO can help based on what you've told us. You are evidently an at-will employee, so you can be fired without any reason as long as you...
Archived
I hired a contractor to lay laminate flooring & thresholds. I paid him in full for the laying of the laminate.
Bryant's answer
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Answered on March 06, 2011
Your case sounds like “he-said, she-said,” so it’s hard to say who has a case. The absence of a written contract is a problem. Sometimes a good...
Archived
I hired a contractor to lay laminate flooring & thresholds. I paid him in full for the laying of the laminate.
Bryant's answer
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Answered on March 06, 2011
Your case sounds like “he-said, she-said,” so it’s hard to say who has a case. The absence of a written contract is a problem. Sometimes a good...
Archived
Am I still liable for the association fee on my condominium that is in the process of foreclosure?
Bryant's answer
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Answered on March 06, 2011
Yes, but it may not matter if you have no equity in the condo. Check your Assn Bylaws and CC&R's. The association's remedy is typically limited...
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