Archived
Is it right for a shareholder to not noticing their partners of shareholders changing ? If yes, under what terms?
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Answered on July 12, 2012
I really don’t understand what the numbers you are using mean. Is it $3.33 per share? If so how many shares? Was the price changed or the...
Archived
Can I publish a document that was given to me without NDA
Bryant's answer
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Answered on July 12, 2012
Fairness and justice would say don’t publish it because that would be the wrong thing to do. Are you absolutely sure you made no commitment,...
Archived
I signed a note to previous owner of bus. they put in a clause: "bankrupcy does not count for this note." Is that legal?
Bryant's answer
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Answered on July 12, 2012
If such a clause were enforceable, every creditor would add it to every note and we would have a lot less BKs. If that's all there is, it’s not...
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Archived
What law requires the new owner of my business loan to honor the terms of my original loan?
Bryant's answer
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Answered on July 11, 2012
Well that is the law of assignment. The assignee of the loan is subrogated to (i.e. substituted for) the rights of the assignor (the original...
Archived
Can a business that's a partnership have a name that ends with the word company?
Bryant's answer
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Answered on July 11, 2012
Yes, you can add the word company after the name of the partnership in most states. In CA at least, a ptsh of Messrs Smith and Jones could be...
Does single-member LLC have to file quarterly self-employment taxes with the IRS, like one does when one is a sole prop.
Bryant's answer
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Answered on July 11, 2012
You asked about “self-employment” taxes. My understanding is that such tax is imposed only on self-employment income. Since you moved your...
Archived
I bought a consignment store, previous owner falsified the books stating it made more than it actually does.
Bryant's answer
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Answered on July 11, 2012
A good purchase Agmt would incorporate the financial statements in the representations and warranties, stating that they are true. A copy of them...
My lawyer presented me with a $5000.00 Retainer Fee before starting with my case.
Bryant's answer
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Answered on July 11, 2012
Depends on what the Agmt says. Most retainers provide that the lawyer must put the retainer into his trust account and can tap it only to the...
Archived
What r our legal rights if an employer was arrested for embezz. 401K funds, not giving us a staight answer if our office is clos
Bryant's answer
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Answered on July 09, 2012
Your State DOL should be able to help. Go to:
http://www.portal.state.pa.us/portal/server.pt?open=514&objID=552727&mode=2
The agencies listed...
Archived
Group of independent contractors with the same national corporation. We are dividing received payments equally, tax questions?
Bryant's answer
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Answered on July 09, 2012
Each of the members of the LLC will have to attach to his 1040 tax return an explanation of the discrepancy between his 1099 amount as reported to...
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