I am the qualified person on a Nevada State Contractor's
I am the qualified person on a Nevada State Contractor's license for the business half of the license. I am no longer a member of the LLC, but I am still listed as the business qualifier. Could I be held liable for any issues the business might be held responsible for?
Business litigator: is there any downside to permitting a
Business litigator: is there any downside to permitting a partner in an LLC to withdraw (permitted at any time by Op Agree with remaining partner's consent) other than losing any right to sue for future acts? Does the remaining partner lose indemnification provided for in a settlement agreement by not standing in the way of the partner withdrawing? What other disadvantages of the partner withdrawing might there be? In this case, the remaining partner is more interested in past acts and wants the partner out of the business to end its access to contracted services, clients and company assets that have been interfered with and damaged by the offending partner's wrongful acts. The remaining partner feels that this overrides any right or other item that might be lost if the offending partner withdraws but before taking a position on that, I want to ensure that I understand the disadvantages to the company and remaining partner of the offending partner's withdrawal.
Attention Business litigation attorney only: If I personally
Attention Business litigation attorney only: If I personally settle with a business partner (no lawsuit filed yet) who has cleaned out the company bank account, poached all the clients, diverted receivables, defamed me to clients and more -- can I still then file a derivative suit for the LLC (partnership filing taxes as a Sub-S)?If the partner has admitted in confidential settlement correspondence with my attorney that he made allegations about me to the vendor our online product depends on and got the vendor to block me from the platform and possibly to collude in sabotaging the platform, can I file a suit against the vendor if I settle with my (soon to be ex) partner provided the settlement document has no mention of the vendor or a catch-all clause that would release them?
I live in pa. I'm self employed since 2011. I have single
I live in pa. I'm self employed since 2011. I have single member llc and doing corp to corp contracts in it software industry on 1099. My current contract is cancelled. I do not have any other income. Can i apply for unemployment?
Well, I own 25% of a LLC so I'm wondering if it would be
well, I own 25% of a LLC so I'm wondering if it would be better to have that 25% owned by a LLC I set up separate to protect other business interests my family is also involved.JA: Can you tell me what state the LLC is registered in?Customer: ArizonaJA: Have you talked to a lawyer yet?Customer: not yet, I was tryinig to do some research first on the best way to go firstJA: Anything else you think the lawyer should know?Customer: I don't believe so maybe just the other business ventures or K1's my family get is mostly through my wife.
What is the best way for me to invest in an 18-month old
What is the best way for me to invest in an 18-month old high-tech LLC start-up company (that is going into round 2 of angel investment funding) while protecting against future dilution of my investment and possible liabilities that go beyond the amount I invest? The initial plan is ownership equity followed by employment a year or two later (currently the llc does not have the budget yet to compensate me). Are their alternative ways that I can defer the compensation while providing them with my professional services, in order to limit my investment risk and personal liability?