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Recent Corporations questions

I signed a contract for $36,000 with a company called

I signed a contract for $36,000 with a company called Multiview to do online marketing services. After two months, I have discovered that this company is likely to be fraudulent. I have not seen any uptick in web traffic. I have a small company and this is too much money to waste. I would like advise on how I can get out of the contract or the consequences if I break the contract and discontinue the $30,000 of remaining payments. I am a California based sole proprietorship and Multiview is a Texas based corporation

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Asad Rahman

Attorney

J.D.

4,738 satisfied customers
I'm about to start a used car dealership in the state of

Hello,I'm about to start a used car dealership in the state of Alabama. My question has different parts to it.1- What type of corporation should I open? LLC, S-corp, etc...and what type of taxes I'm responsible for and how do I report them?2- What is my legal responsibility if someone test driving one of my cars hits someone and caused them physical disability or death or caused property damage to others?3- Regarding the business name, I want to name my business "Titan Auto" but when I search the business entity records for Alabama I find a business called"Titan Auto Insurance of New Mexico, Inc." so does that mean that I cannot use the name "Titan Auto"?

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Richard - Bizlaw

Juris Doctor

11,676 satisfied customers
The majority (75%) stock holder holds a note ($4M), if they

The majority (75%) stock holder holds a note ($4M), if they call the note and the minority (25%) stock holder can raise $1M, is the majority obligated to finance the remaining 75%?JA: What state are you in? And have you consulted a local attorney?Customer: Arizona, no.JA: Has anything been officially filed? If so, what?Customer: No, majority is threatning to call note in less minority relinquishes their 25% ownershipJA: Anything else you want the lawyer to know before I connect you?Customer: No, thanks.

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Irwin Law

Juris Doctor JD

9,996 satisfied customers
I operate two business currently in two different locations

I operate two business currently in two different locations with two different sets of employees. In the future I am considering buying one larger building and housing both businesses there. What are the potential legal ramifications of this and how can I avoid them? Specifically is there a way to ensure that each entity remains an individual separate business even though they may share certain resources such as building or equipment?

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790 satisfied customers
If I am selling a business and want to ensure that the past

If I am selling a business and want to ensure that the past product liability is passed to the new owners how do ensure that I do that. I was told to make sure I "sell the business entity". My question is what does that entail and how should I phrase that to the potential buyer.

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Irwin Law

Juris Doctor JD

9,996 satisfied customers
If a bread company tries to come after me for abandonment,

If a bread company tries to come after me for abandonment, can I file bankruptcy on my s corp and walk away or will they come after me personally? We have begged the company to train us and help but no luckJA: What state are you in? And has anything been officially filed?Customer: Ohio and nothing has been done yet that we know ofJA: Has anything been officially filed? If so, what?Customer: Not that we know of, they want us to take it back and they are threatening abandonment chargesJA: Anything else you want the lawyer to know before I connect you?Customer: I don't think so

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Loren

Juris Doctor

44,934 satisfied customers
If a private corporation in California acquires 100% of the

If a private corporation in California acquires 100% of the shares of a Delaware corporation, does the Calif corp assume all the liabilities of the Delaware corp? And does the Calif corp have to consolidate the Delaware corp's financials in its own tax return? What are the changes that will occur in the Calif corp's tax return by virtue of acquiring the Delaware corp's shares? Are there any other disclosures or statutory filings the Calif corp must make after acquiring the Delaware corp's shares?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

118,016 satisfied customers
We just found out that the corporate officer was changed

we just found out that the corporate officer was changed with the state secretary about 45 days ago. we are working to remedy the situation but this made me realize that we need to make sure that our corporate papers are in order so that the ownership is not in dispute. what needs to be done to ensure that we are the proper owners of the company. i filled out a template of corporate bylaws and agreements and issued stocks already but these seem all too easy to duplicate.

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Irwin Law

Juris Doctor JD

9,996 satisfied customers
Small business owner in ca recently received large six

small business owner in ca recently received large six figure penalty for not carrying worker's comp. of course can't pay. told if I sell assets, then state can't collect from biz.s corp. what happens to me, my assets? what happens to penalty?

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790 satisfied customers
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