Esq., we've been in contact before, last communication on
FOR Law Educator, Esq., we've been in contact before, last communication on 8/30/16.Following up on our employee on medical leave for clinical depression, the last update we recv'd was about 9/21 and she noted in email "You will note my return to work date is tentatively set for sometime towards the end of October, pending final evaluation." I asked in email if she could reply to me by Oct 14, but she did not reply. Our office is moving as of 10/24, so I want to send her another email and advise of the date we are officially moving. I have no idea when she is returning, except for the possible date of end of this month. I have probably not been tough enough in emails, but there were doctor notes mentioning suicidal issues, so I have been very gentle & prefer that she gets the care she needs before returning. We would be open to offering a small separation payment, but do not want to be the one to offer that. There are concerns that the nature of our office, small start up environment, is stressful enough without personal challenges.Can you recommend an appropriate email I should send to her at this point in time? She has not asked for any accommodations yet. Her start date was 7/30/15, and she went out on leave late May 2016.Also, if she requests another extension to the leave based on medical documentation recommendation, what options do I have with that?
Aside from tax considerations, are there any negative
Aside from tax considerations, are there any negative consequences of gifting stock vs. selling for nominal amount?In my experience when a person wants to transfer all of the stock of his company to say, his children, they would normally use a nominal amount, such as $1, received in exchange. For certain reasons in my case the transfer of even nominal dollar sum is undesirable. Instead I want to purely gift the stock of my corporation to my relative. Of course the FMV of the company is 0, it does not have any assets, so we are not talking about tax implications. Are there any potential problems purely from contractual, business, corporate law point of view?
If my husband and I have a judgment under our personal
If my husband and I have a judgment under our personal names, if they try to go after the business which is owned by us, and has 3 properties can they break the corporate (LLC) seal if someone other than myself and my husband are added to the corporation. My step daughter is added as a secretary and treasurer.
I was given an answer to a similar question last night,
I was given an answer to a similar question last night, however it may have lacked some of the following details and would like this question answered now that I have provided perhaps a more organized background for the consideration of my question. I am forming an LLC for an online consulting business, as well as developing a couple additional websites for the purpose of affiliate marketing. These additional websites ultimately tie into the consulting. The main site will be a blog, forum, and appointment generator. Revenue will come from any advertising that may be associated to the site once it gains traffic and through contracted consulting. I am building a website to list businesses for sale, and as a affiliate lead generating site for business brokers. Revenue will come from advertising space paid by business owners, and pay per lead affilates. I will have the site linked to the consulting site where I plan to look for opportunities to add value to those businesses by consulting on operations and marketing strategies. The other site will be an affiliate loan leads generator. This site will also be linked to the other sites as it will be gathering information as leads for business loan institutes. I currently live in South Carolina. I have been planning my business strategies for some time, however not until I made the decision to leave my salary position and give my full focus on my business did I plan, or research much on the time of expedition of the LLC as well as what benefits may be available forming in another state. I have looked into Nevada as it appears to have all the protections I would want in a llc, they also offer the series in the llc. I plan on all sites to operate under one llc, and given my interpretation of the series see that as an opportunity to protect each site individually under the operating LLC Name. Is my interpretation correct? Also given I did not research the expedition of South Carolina llc formation, which is 35 days/25 if rushed, the nevada expedition can be done as fast as 2 hours for a fee with normal processing 6-7 days and for an additional $50 it can be done in two. The state filing fee is less than South Carolina as well. The expedition process is important to me, as I wish to set up and fund a business account asap, and want to launch everything under the protection of an llc. I have some cushion financially, but it is limited. All this being said I will be a single owner for this formation. The only potential change I can for see in the next year would to bring in a profit sharing partner. I plan to outsource any work to freelancers rather than have employees for now. Given the information I provided is forming in Nevada a good consideration?
I need to get up and running quickly. I only have so much
I need to get up and running quickly. I only have so much saved without additional income. That being said, South Carolina has a 35 day processing 25 expedited. This is much longer than some of the other states such as Nevada and Delaware. I want all income to flow through a corporation. As well as I want the protection of a corporation for a couple of the websites I will be launching. Suggestion
I have a general contract law question for you. How exactly
Hello,I have a general contract law question for you. How exactly is a contractual provision affected by trade usage / common dealings?For example, a company I deal with has a contract with ALL employees. That contract states that the company shall pay employees a bonus as calculated by the LOWEST estimation of profits. However, to be nice, this company has been calculating a HIGHER bonus by using higher estimation of profits in order to give the employees a better bonus.Now, if the Company decides to fall back on the original contractual language and utilize the LOWEST estimation of profits, is the Company going to be in trouble?If it helps, I'm basically trying to find out how common usage and past dealings would essentially affect the company's decision to now fall back on the original contractual language. I can definitely offer more of an explanation if you need one. Thanks!
I am working personally on an P&S with sellers attorney. I
I am working personally on an P&S with sellers attorney.I have a few questions about typical or standard practices: if the buyer loses his 5% deposit if he defaults, what does the buyer loose. Is there consideration to both parties in case of default.
I am starting an LLC with a 50/50 partner. We will choose a
I am starting an LLC with a 50/50 partner. We will choose a Limited Partnership and will form an LLC to act as the General Partner. We both will own the GP LLC in a 50/50 ownership as well.If for some reason one of us wants to get out of the business in the future, what options do we need to consider in arranging a separation that doesn't kill the business? Do you have any template approaches for when partner leaves and starts up a similar company that we have in 50/50 partnership?Please advise.Thanks!