Archived
I am the managing member of an LLC. We are slated to refi the property but have a member who will not cooperate w/ paperwork
Mikal's answer
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Answered on March 20, 2013
The member has a fiduciary duty to the LLC. If the manager(s) are permitted to execute real estate documents, you may or may not need the member...
Archived
I have a Florida business and had entered into a purchase and sales with a group from Massachusetts and used a Ma att?
Mikal's answer
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Answered on March 20, 2013
It is unclear what your exact question is. You do not need a notary to enter into a legal contract. If you entered into a contract and the other...
Do i receive interest on my security deposit in Massachusetts on a commercial lease
Mikal's answer
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Answered on March 20, 2013
On a commercial lease, not unless the lease mandates interest. If you want interest, negotiate to add a clause to the lease permitting it.
Archived
My underage son signed a deal with his friend that if he doesn't get in The honor roll he has to give his friend his ps3 .
Mikal's answer
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Answered on March 20, 2013
I am not sure I agree with my colleagues who believe this is gambling. Your "underage" son is a party to a contract. I agree with those who say it...
Archived
Access to mental health court records?
Mikal's answer
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Answered on March 20, 2013
I strongly suggest you seek legal help with this issue. You have rights under MGL 123 and occasionally court personnel misinterpret those rights.
Archived
Can I purchase shares that can't be transferred yet by giving cash for a promissory note?
Mikal's answer
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Answered on March 20, 2013
Probably no, as you posed the question. More information is needed.
Archived
I have a decent claim under MGL 105A and hopefully 93A, whats the best way for me to proceed?
Mikal's answer
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Answered on September 22, 2012
You have a right to file a legal claim under both statutes. While I am not sure about your "33% loss", if the company is experienced and...
Archived
I AM TRYING TO COLLECT MONEY OWED TO ME FROM A BUSINESS NO LONGER ACTIVE.ACTUALLY THE LLC WAS DISSOLVED BY THE MA SOC .
Mikal's answer
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Answered on September 22, 2012
All of the prior answers make good points. The facts will tell all, but even though the LLC was administratively dissolved, it has a legal...
In Mass. is a verbal contract legal and enforcable
Mikal's answer
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Answered on August 24, 2012
In Massachusetts, some verbal contracts are enforceable, but others are not. Given the facts you describe, it appears you have an enforceable...
What type of business entity is best for a limo company?
Mikal's answer
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Answered on August 24, 2012
If you are setting up a business that you expect to last for years to come, I strongly suggest you allow an attorney to do it for you. It should...
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