LLC is about to file a chapter 11 Bankruptcy. Bankruptcy.
LLC is about to file a chapter 11 Bankruptcy.Bankruptcy. LLC Chapter 11Facts: State court has appointed a receiver to conduct the sole business.There are numerous health code violations. REAL PROPERTY.Very limited debt, very small numbers of creditors (very small amount of outstanding debt) against LLCLLC has a buyer, who has successfully abated similar city health code violations.New Buyer can demonstrate the availability of the FUNDS to take care of health code violations.CAN LLC TRANSFER ( SELL) THE SOLE BUSINESS WITHOUT BANKRUPTCY' COURT'S APPROVAL ?
A 60-employee family-owned California corporation has 10
A 60-employee family-owned California corporation has 10 directors (6 company officers and 4 outsiders). The president or chairman always invites department managers to attend board meetings to make various presentations. These non-directors, some of whom, but not all, are small shareholders, stay for the duration of the meetings and participate in board discussions. There is nothing in the corporation's bylaws that provides for such participation. Case law appears to indicate that the decision as to who can attend board meeting should be made by the board collectively, and not by any individual director. If this is so (please confirm) does the board need to have a resolution for each meeting, or is a blanket consent permitted giving directors the power to invite people as they please?What potential liability do the non-directors face in connection with their participation?
Small Business In Iowa and also a location in New Orleans
Small Business In Iowa and also a location in New Orleans LA. We are resellers of Body Armor Products and we are looking into offering our customers STORE CREDIT in the amount of $250-500 to start. We are wondering about the rules, terms needed, Interest charge limits, etc. We are RAW and want to make sure we kick this off the correct way for our business. Need templates and what's needed to either operate this from our LA or IA location and which would be best. Thanks
My friend sells jewelry and wants to expand her business to
My friend sells jewelry and wants to expand her business to sell online - and has asked for my help (since this is the area I know)I am just trying to figure out what would be a fair arrangement between usShe would be responsible for the design and manufacturing and I would be responsible for building the website and growing and expanding online sales.How would you structure this fairly?
Can a judgment awarded to an LLC be assigned to a judgment
Can a judgment awarded to an LLC be assigned to a judgment enforcer if the LLC is expired and not in good standing with the state? This is in Hawaii.JA: Can you tell me what state the LLC is registered in?Customer: Hawaii also.JA: Has anything been filed or reported?Customer: By the LLC?JA: Anything else you want the lawyer to know before I connect you?Customer: I don't believe so. Thanks!
I want to form a 501 c3 non profit organization to help the
I want to form a 501 c3 non profit organization to help the underpriviledged prisoner's and families, to help, keep them communicating by phone, visiting, and sending care packages. i need to know if I can accept donations legally cash, also having people donate material items that I may sell. Do I need a business dba as well , to go along with my 501 c3 organization