Should I take out a loan? ( loan advice)

The only way a lender has to know whether you are going to pay back the loan is to see that you make the payments on time. Without established...

Could I do business if I registered LLC for different items?

The area of business is requested mostly for statistical purposes and, perhaps, to be sure that you are not operating a profession in a business...

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Can company board remove a director without any prior notice?

So far no one has got it right, not even Ms. Koslyn which is rare. You have not mentioned any series of shares or that the board is classified, so...

Costs and fees for setting up a Delaware C corp

The costs and fees to set up the DE corp are the least of your expenses, probably $1500. The real expense will be the fees to negotiate the terms...

I have an existing LLC with one partner. We are thinking of adding someone, what is the best way to do this?

The above answers are good. (Note that LLCs do not have “partners,” but rather have “members.” It matters in issues of fiduciary liability.) ...

Spinning-off new co from existing Consulting business. What is best way to value IP at incorporation of the new co

The legal definition of value is (roughly) the amount a willing buyer would pay a willing seller, neither being under any compunction to do the...

A contract I was coerced into signing by CEO of corp was breached. He has since left firm. Is firm or his successor responsible?

Was the contract with the CEO personally or with the firm? Being signed as CEO implies that the K was with the firm. Basic contract law says that...

Owner/Officer using a company's financial resources for personal charges.

The classic answer in most states is the derivative lawsuit wherein the shareholders sue the miscreants in the name of the corp, a cause of action...

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Question for employment contract lawyers specialists:

It is probably illegal for the employee to work until the work permit is issued, but I don’t know what agency is issuing the permit, nor even what...

Transferring ownership in multi-member WV LLC. No Articles of Organization or Operating Agreement filed.

I am puzzled. You state that you have an “LLC registration filed with the state” but no Articles of Organization. In most states the first doc...