We are an small LLC being sued by a bigger company, which is
We are an small LLC being sued by a bigger company, which is trying to exhaust us and force us to stop defending ourselves. The costs are out of hand, it is a huge stress on us, and while we should win, we may die before getting to this point.We believe we made the wrong choice with our attorney, and to continue and win would have to get another attorney. The trial is set for the very end of the year. There is a good reason we would love to delay it, as there are certain circumstances, that we might resolve it without the trial, but we might need some time.I asked our attorney how can we stop it, and it seems like he is not happy and did not respond. My understanding is that we, because we are a business, can't defend the company n court without the attorney. But if we ax our attorney for whatever reason, can we go to the judge and ask for time to find another attorney? How much time can we get? And when we get another attorney, how much time can s/he get to familiarize with the case, as it is 2.5 years and there are quite a few piles of documents to surf through. Would it allow us to then delay the trial?
I have two separate businesses, musician and yoga teacher,
Hello. I have two separate businesses, musician and yoga teacher, that I am considering incorporating into one LLC. Would it be best to keep these two professions separate for tax purposes or could it help?JA: Can you tell me what state the LLC is registered in?Customer: It would be registered in Kentucky. Currently I operate as an Independent Contractor and am payed personally.JA: Has anything been officially filed? If so, what?Customer: Yes. A 1040 for the 2016 tax season.JA: Anything else you want the lawyer to know before I connect you?Customer: How much does this consultation cost?JA: I'm not sure of the exact price, but there's only a $5 deposit. The rest of the price information will be on the page I send you to.Customer: Ok. Thank you.
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"?
I formed an llc with another individual last year. I applied
I formed an llc with another individual last year. I applied for a loan and they wanted his tax returns and signature. He wants to relinquish any of his ownership, thus giving me 100% of the shares ( which were not formally issued). This way the bank doesn't require his signature or taxes. Is there a simple form we can execute this withJA: Can you tell me what state the LLC is registered in?Customer: MnJA: Has anything been officially filed? If so, what?Customer: Taxes and company name with secretary states officeJA: Anything else you want the lawyer to know before I connect you?Customer: Not that I can think of
Have an LLC with 4 members, the LLC did not finish
Have an LLC with 4 members, the LLC did not finish implementing their operating agreement, but members contributed money and IP. Now they want 1 member out, should they just all agree on what to do to get him out of the LLC?The 1 member is claiming the IP is his and wants to be paid for it. With no agreement, what do you do.
I just found out that my business partner filed his personal
I just found out that my business partner filed his personal taxes as the soul owner of the band will that affect me as a 50/50 partner? We have not registered our band as an llc yet and most of the stuff we are doing is in his name. I don't want to get screwed over.JA: Can you tell me what state the LLC is registered in?Customer: there is no llcJA: Has anything been filed or reported?Customer: no other than his taxes.JA: Anything else you want the lawyer to know before I connect you?Customer: I'm wondering should I get a lawyer or can this be resolved in a different manner the band is really just under way we have an album and a few shows booked
My husband and I are starting an LLC and will be bringing in
Hello, My husband and I are starting an LLC and will be bringing in a 3rd party for this start up. However my question lies in that we see this company as having 2 divisions (for lack of better word) The 3rd party we are bringing in as a member will only be involved in 1 division of this company. What is the best way of going about creating this LLC? I've read about Series LLC's, DBA's, and even the possibility of creating 2 separate LLC's instead of divisions. Our location is California Thank you!
Current client (married couple) has businesses A and B1.
Current client (married couple) has businesses A and B1. Both businesses are single member LLCs that have elected to be treated as S-corps for taxation purposes.New building acquisition is about to occur for expansion. The building will include businesses A, B2, C, and D. Businesses B, C and D are in the same industry. All space will be rented by business E (new rental company). There will be other unrelated tenants.I'm looking for ideas for an efficient, safe entity structure going forward. B2, C, D and E need to be created.