Archived
How should a Delaware corp reserve shares for future employees/advisers if its bylaws and cert of incorp are silent on that?
Bryant's answer
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Answered on April 19, 2014
The founder will likely owe capital gains taxes on the redemption unless it is carefully planned. There are too many complications to go into...
Archived
Purchased 85% of capital stock in a closely held california corporation and soon discovered undisclosed liabilities and debt.
Bryant's answer
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Answered on April 19, 2014
You should have consulted a business lawyer before you signed up. No lawyer can tell you your options without seeing the purchase documents. ...
Archived
I will apply for a trademark. I have my own business. Is it better to apply in my company's name or my personal name?
Bryant's answer
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Answered on April 19, 2014
It's easy to file an application for a trademark. The hard part is when you get the Office Action citing precedents and reasons that USPTO refuses...
Archived
Buying a seasoned corporation...are there any real disadvantages?
Bryant's answer
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Answered on April 06, 2014
I don't see the point in buying a used corp. Your lawyer's problem is he has to get warranties about everything in the corp's history and some...
Archived
I was awarded some stock options in a publicly traded company. They are now exercisable. How can I exercise/cash them out?
Bryant's answer
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Answered on April 06, 2014
As a public company they should have a procedure set up to exercise the options. Consult their investor relations dept. They should provide all...
Archived
Can I form an LLC, with a registered agent, in Nevada, but operate out of South Carolina and avoid corporate income tax?
Bryant's answer
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Answered on April 06, 2014
It's a popular myth that a an entity such as an LLC can avoid corporate taxes by incorporating in NV. If you are doing business in SC, you must...
Archived
I am a partner in a LLC n want to get removed. will the llc have to change its name?
Bryant's answer
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Answered on April 06, 2014
The name change strikes me as a minor issue in this deal. In most states the rule they are citing applies only to partnerships and fictitious...
Archived
I need a Medical Director for me to use a class 4 laser in my business. Will he be protected under my LLC?
Bryant's answer
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Answered on April 06, 2014
First, it sounds like you and your friend are committing fraud in having him sign his name and use his number to get a Texas state license if he...
Archived
Will like to know if a change of life insurance policy can be change without the company contacting the owner to assure
Bryant's answer
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Answered on April 06, 2014
The owner of a life insurance policy has all the incidents of ownership, such as borrowing on it cashing it in etc. Your question is not very...
Archived
I just launched a new website and hired an attorney to conduct a federal trademark search and internet search for competing name
Bryant's answer
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Answered on April 05, 2014
Whether to get a full search is a business judgment that depends on the amount you intend to invest in the mark. If it's just an ego mark so you...
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