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When a business is sold do the employee contracts transfer

when a business is sold do the employee contracts transfer to the new owner or do new contracts have to be signed?

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My wife owns a dog grooming business. She owned it before we

My wife owns a dog grooming business. She owned it before we got married and it is an LLC.I am looking into starting a business that would be a sole proprietorship to start. It will be very small at first. Dog walking, Dog sitting, pooper scooping, and a taxi to and from her shop or the owners vet.The question is, if something happens while on the job for me. Say i get in a wreck on the way to the groom shop, dog dies, and its my fault. Can the owner of the dog sue me, and by suing me could they be able to effect the groom shop.

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Loren

Juris Doctor

41,172 satisfied customers
I am a member in a NY LLC. The operating agreement says I am

I am a member in a NY LLC. The operating agreement says I am responsible for "development of [certain] software" and that this is an unpaid position, with no specific obligation of time. I have supported myself through project-based consulting work for the LLC's customers.I recently agreed to a letter from the LLC saying I would be paid $x as Guaranteed Payments on a K-1. It stated my "positions" (exact word) as "head of software development" and "head of consulting". No mention of time commitment. No definition of the positions here or in the operating agreement.My question is: What time effort am I obligated to put in? I am having a disagreement with my partners on various other issues and don't want to make a specific commitment of time.

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Richard - Bizlaw

Juris Doctor

10,816 satisfied customers
Have a small business Franchise. The contract and property

Have a small business Franchise. The contract and property lease is up in May 17. We have put in over 100K of personnel funding over 5 years and not taken nothing out, not even wages. We owe somewhere in the neighborhood of 15K and I don't want to pay it off with personal funds Want out of this sink hole and want to dissolve the LLC, can I file bankruptcy and walk away. What would I still be obligated for. What would I do do with the physical business assets and equipment. Recommendation?

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INFOLAWYER

Attorney

Juris Doctor.

40,148 satisfied customers
I own an LLC in Florida. This LLC holds title to a property

Hello,I own an LLC in Florida.This LLC holds title to a property that is about to be foreclosed. We reached a settlement with the bank and are about to receive a check from them. They asked us to fill out a W-9 form which essential asks for our EIN or Tax ID#Here comes the tricky part: We own one LLC which we call the "umbrella" company. In order to not have all properties we own under the same LLC (protect ourselves) we were advised long ago to open separate LLC's for each property and they would all be managed by the umbrella company. And so I did.Each year we do only one tax return for the umbrella company.How should I fill out the W-9? I did it one time with the name of the umbrella company on it but the bank came back and said it has to be the name of the defendant. But the defendant - the LLC that is under the umbrella company does not have a TAX ID#..... what should I do and are we doing this all wrong?By the way a few days ago I did a DBA for the LLC in question.... I don't know if that helps.Thank you.

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KJLLAW

Juris Doctorate

1,918 satisfied customers
I recently registered an LLC called Proxemio. It was through

I recently registered an LLC called Proxemio. It was through Legal Zoom. I wonder if we need to register DBA separately. Can someone start using †heir business name DBA Proxemio?

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Irwin Law

Juris Doctor JD

9,500 satisfied customers
I JUST OPENED A NEW BUSINESS AND IT IS AN LLC. A COURT HAS

I JUST OPENED A NEW BUSINESS AND IT IS AN LLC. A COURT HAS ISSUED AN ORDER TO ***** CAN THE COURT ATTACH THE COMPANIES BANK ACCOUNT?JA: Can you tell me what state the LLC is registered in?Customer: MICHIGANJA: Has anything been filed or reported?Customer: THE COMPANY HAS BEEN FILED.JA: Anything else you want the lawyer to know before I connect you?Customer: THE SUIT IS AGAINST ME PERSONALY AND WAS GOING ON BEFORE BUSINESS WAS OPENED.

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226 satisfied customers
I have a website, which might one day generate money. At the

Hello,I have a website, which might one day generate money. At the moment I want to use it for showing it to interviewers ( I am a programmer ). I want to have liability protection, in case someone sees my website and thinks it is similar to their idea or what not, basically if someone trying suing me in regards ***** ***** web project. Now I want to start a single owner LLC to get the liability protection, but it seems that to get the protection I would need to get the LLC's finances separate and minutes etc. , so that a suing lawyer will not be able to breach the corporate veil.My issue is that I am not planning to make money from the web site/project anytime soon, and I don't see it making sense that I open a bank account for it now, and create minutes for meetings.What is my best bet to get liability protection on this project which is non-profit for now and the near future? thank you

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Phillips Esq.

Attorney

Juris Doctor

20,662 satisfied customers
I am a budding entrepreneur here in the state of Utah. I am

Hi there. I am a budding entrepreneur here in the state of Utah.I am wanting to start an e-commerce business where I sell my goods. I am wanting to form an LLC in the state of Utah.My question is: If I register as an LLC in the state of Utah, will I still be able to sell online and ship to other states?Thank you!Derek

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Irwin Law

Juris Doctor JD

9,500 satisfied customers
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