A privately held corporation is trying to avoid an
Hi there! A privately held corporation is trying to avoid an involuntary dissolution by coming to a buy-out agreement between the minority shareholder and the majority shareholder. How can such an agreement be structured to include all of the corporate assets, and protect the seller in case the buyer dies or otherwise becomes unable to fulfill his (buyer) obligations?JA: Because laws vary from state to state, could you tell me what state is this in?Customer: IllinoisJA: Have you talked to a lawyer yet?Customer: I am a lawyer (smile) - but I rarely involve myself in the civil side. I am attempting to advise an acquaintance (seller/majority stockholder)JA: Anything else you think the lawyer should know?Customer: The Corporation is involved in equine transport and horse racing. The bulk of the corporate assets are the horses themselves. Clearly an independent appraiser must be appointed to evaluate each animal, determining then, the value of the coproate assets. What can be done in the interim to protect these assets from removal/disposal or anything that would disadvantage the majority shareholder/seller?
BECAUSE THE FATHER DID NOT IDENTIFIED HIMSELF AS ABC IN HIS
BECAUSE THE FATHER DID NOT IDENTIFIED HIMSELF AS ABC IN HIS EMAIL TO MY COMPANY. (HOWEVER HE WAS VERY VOCAL IN MEETING SPEAKING UP FOR ABC, AND ON ONE OCCASION SUMMONED ME TO A MEETING WITH THE TWO REPRESENTATIVES AT ABC HEADQUARTERS TO TRY TO SWAY ME ABOUT SOME PROPOSAL THAT ABC WERE MAKING TO MY COMPANY. IN MY AFFIDAVIT I STATED THAT THE TWO REPRESENTATIVE AND THE FATHER WERE ABCI WANT TO MAKE SURE TO STATE THAT THE FATHER DID NOT IDENTIFIED AS ABC , AND IF SO IS MY ASSESSMENT STILL VALID THAT HE CONTACTED ME ON BEHALF OF ABC.
Ok on that previous email i got something wrong (THE FATHER
ok on that previous email i got something wrong (THE FATHER DID NOT IDENTIFIED HIMSELF AS ABC IN HIS EMAIL WITH MY COMPANY.........SORRY I LEFT OUT 'NOT"ALTHOUGH THE FOLOWING SENTENCES DID NOT MAKE ANY SENSE WITHOUT THE "NOT" AND IT IS THE WHOLE POINT OF THE QUESTION........
Company ABC has two representatives. I exchange emails with
Company ABC has two representatives. I exchange emails with them as ABC. One of the represantative had a father that was present at the meetings , and he was involved in conversations and spoke up and assisted the two representatives in their project and ideas. I NEVER RECEIVED ANY EMAILS FROM THE FATHER'S SO i do not know if his with ABC. On one occasion the father asked me individually to meet him at ABC headquarter's with the two representatives to discuss some proposals. After we discussed their intentions i was sad to inform them that i had no control as to what they asked me to help them with. we worked together with ABC for some time then the project stopped..On one occasion the father sent on email the my company but he did identify himself with ABC (he might be in some indirect way but now i do not know)...... Some time passed and i was asked to make on affidavit about ABC and named the two representatives and also the father since he was so vocal a participant. I actually do not know the connection of the father to ABC.......therefore did i make a false statement...????in spite of the fact the the father was so intensely involved in the meetings. ? and what will be the consequences if wrong
I just received a summons from lease finance group LLC on a
I just received a summons from lease finance group LLC on a debt I do not owe.they are suing in New York and I live in Texas. I have affidavit from sales person that had me as office manager sign for merchant service contract on the company I work for. When the underwriters call to go over contract and asked if I was the owner of the business I told them no I was not. They then told me that my sales person would have to come by and do another contract as they could not use the one I signed. The other contract was signed by my employer and submitted, my contract was destroyed by the sales person and the company then sent out the equipment. The equipment never worked well and we had to on 2 occasions had to send back parts of the equipment to be replaced. I called to have to service discontinued and was told to send a letter with merchant ID, name of business and date to be terminated and this would have to be signed by the medical doctor(owner of business) which we did. The Doctor paid to settle that account
I have a business partner we purchased a car it's in s name
I have a business partner we purchased a car it's in his name dba the business name. We are now separating as partners but that car was driven by me paid for by the company. Can he pick up the car without notifying me? Do I have any leagel rights?
In the recovery of reasonable expenses INCURRED authorized
In the recovery of reasonable expenses INCURRED authorized either by Statute or Contract, contrary to some peoples thinking.(1) It is the prevailing Individual and NOT the attorney who in essence is requesting the recovery of the expenses [including attorney's fees] INCURRED- Correct ?(2) Since the "prevailing party" has to prove to the court that he actually INCURRED these expenses [which includes the attorney's fees] does he not have to produce the actual proof of payment of these expenses i.e. cancelled checks credit card statements etc? and not just submit a bill and say here your honor, this is what I paid.As an accountant, the definition of "expenses incurred" are those expenses for which you have physical proof that they were either paid or a legitimate promise was made by a written promise to pay them.
I purchased townhouse in county IL in judicial sale auction
I purchased townhouse in cook county IL in judicial sale auction ifor cash. The sale approved yesterday. Borrower ( past owner) included deficiency about $22000 in bankrupcy 2 years ago. Purchase price is below total balance of the loan $99000 . 1) Does she still have a 30 days to redeem if she did bankrupcy ?.Judge awarded us possession in one month after sale approval 06.28.2016 but we sword statement from owner doughter signed in front of public that that her mother moved out 8 years ago and she was living there till March 30, 2016 then she moved out and nobody lives there.Her doughter as tenant agreed to give us immidiate possession as of date of sale approval June 28, 2016.2) Can she enter property ( she gave us keys) and start to do remodeling ?3 ) Can her mother sue us for trespassing the unit if she have already moved out