How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask MShore Law Your Own Question

MShore Law
MShore Law, Attorney
Category: Business Law
Satisfied Customers: 25285
Experience:  Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements
Type Your Business Law Question Here...
MShore Law is online now
A new question is answered every 9 seconds

We need some advice. We sold a large company in the Pacific

Customer Question

We need some advice. We sold a large company in the Pacific NW. We were approached by our attorney (that we have work with for over 20 years), that a local large corporation would be willing to buy our company for an amount we thought was unbelieveable. And, it was. The negotiations began in Oct. 2010, and at three separate meetings we asked him to give us an amount to sell our business. Each time, he said, not more that $15,000, when we received the final bill it was $31,000 plus, and the buyer was supposed to "split" the bill, but they were given a bill for $13,000. Our attorney is now hold up our "Transactional Final Documents" we need for taxes, etc. because we feel he should stick with what he quoted us at the beginning. The payment and the needed books are two separate issues. What can we do to get our transactional books, we have called him, e-mailed him, but he will not respond. Please help.
Submitted: 3 years ago.
Category: Business Law
Expert:  MShore Law replied 3 years ago.
Thank you for the post, I am happy to assist you by answering your questions. When you say, give you an amount, do you mean the amount the attorney would charge?
Customer: replied 3 years ago.
Yes. Our attorney quoted us his attorney fees to be no more than $15,000; we trusted his word, there
is no written documentation, just 20 years of trust. Then we get a bill for$ 31,000 and he is holding
our needed documents as hostage. We just want our closing docs and pay him $15,000:
Expert:  MShore Law replied 3 years ago.
Thank you, did he give you bills on a monthly basis?
Customer: replied 3 years ago.
No! He never sent any monthly statements. Just a closing bill, the transaction opened on 10-1-2010 and was completed on 12-30-2010, then we received a bill dated 3-24-2011, but just received about one week ago. NO MONTHLY STATEMENTS.
Expert:  MShore Law replied 3 years ago.
Thank you, despite the verbal representation, was there a retainer signed whereby you agreed to pay a fixed sum for each hour worked? If so, was the figure $15,000 mentioned?
Customer: replied 3 years ago.
We have 2 very thick binders, containing all of the documents, we cannot find any "retainer document" that specifically addresses payment. Again, there were no monthly payments, no signed "retainer document", please remember that this individual had been representing us for over 21 years. Our main issue, along with the payment, is that we need to receive our "Closing Document Books" for tax and other regulatory issues in our business. The question is: How do we obtain those needed books? Thank you.
Expert:  MShore Law replied 3 years ago.
You should send a demand letter for the return of your books threatening to report the attorney to the disciplinary section of the bar for failure to return such books knowing that such action would preclude you from complying with your tax filing obligation.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
< Last | Next >
  • Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises! Gary B. Edmond, OK
  • My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer. Eric Redwood City, CA
  • I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight. Michael Wichita, KS
  • PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent. Three H. Houston, TX
  • Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!! Elaine Atlanta, GA
  • It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem. Tony Apopka, FL
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
 
 
 

Meet The Experts:

 
 
 
  • Law Pro

    Attorney

    Satisfied Customers:

    1426
    20 years experience in business law - sole proprietor, partnership, and corporations
< Last | Next >
  • http://ww2.justanswer.com/uploads/LA/lawpro/2012-6-25_171315_PT206740s.64x64.jpg Law Pro's Avatar

    Law Pro

    Attorney

    Satisfied Customers:

    1426
    20 years experience in business law - sole proprietor, partnership, and corporations
  • http://ww2.justanswer.com/uploads/DC/DCraneEsq/2012-8-14_14436_DCrane.64x64.jpg MShore Law's Avatar

    MShore Law

    Attorney

    Satisfied Customers:

    1233
    Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Attorney

    Satisfied Customers:

    1162
    25 years of experience helping people like you.
  • http://ww2.justanswer.com/uploads/dkaplun/2009-05-17_173121_headshot_1_2.jpg Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Attorney

    Satisfied Customers:

    1142
    Run my own successful business/contract law practice.
  • http://ww2.justanswer.com/uploads/ohioatty/2009-1-22_185545_me.jpg J.Hazelbaker's Avatar

    J.Hazelbaker

    Attorney

    Satisfied Customers:

    393
    Experienced and trained in the area of business law.
  • http://ww2.justanswer.com/uploads/scottymacesq/2009-6-10_221523_small.jpg RGMacEsq's Avatar

    RGMacEsq

    Attorney

    Satisfied Customers:

    393
    Licensed Texas General Practice Attorney
  • http://ww2.justanswer.com/uploads/BA/barristerinky/2012-6-10_22423_office.64x64.jpg Barrister's Avatar

    Barrister

    Attorney

    Satisfied Customers:

    301
    13 years practicing attorney, MBA