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?
While working with a previous business, I spent months
Hello.While working with a previous business, I spent months designing & creating a very creative business display showcase for an industry show. To be noted-I owned every single item that was on display. This showcase is a portion of my resume and, obviously, both the other business and myself have images of the showcase display many places online as promotion. I am unsure when this occurred, but it has recently been brought to my attention that the other business has removed myself and my business name from the 'credits' on all of the images associated with this event. In addition, there are numerous additional ways in which they are using photos, in which, the photographer, the dress designer, the florist, etc. are ALL given their deserved credit, but I am not as the stylist and/or decor designer. Do I have any rights in this situation?
I was working at client location through vendor A and Vendor
hi I was working at client location through vendor A and Vendor B and my ex employer (still not sure if as employee or independent contractor). My ex employer havent paid me for last 2 months salary stating that he havent got payment from vendor.JA: Because employment law varies from place to place, can you tell me what state this is in?Customer: CaliforniaJA: Have you talked to a lawyer yet?Customer: i talked to lawyer when i changed my employer as my ex employer was telling me that they ll take legal action due to non compete agreementJA: Anything else you think the lawyer should know?Customer: i think that it
I am about to apply llc and another company has a similar
i am about to apply for an llc and another company has a similar name... So, I'm going to come up with a different llc name, but have a dba name that I want to go with is. Can all business transactions use the dba name instead of the llc name on checks, vendors, mail, etc? and if it use the dba name, am i protected? Thanks.
A vendor overbilled us charges. Those charges, per our Terms
A vendor overbilled us for certain charges. Those charges, per our Terms of Service, require prior written consent to be valid, which the vendor did not obtain in these instances. However, we paid the charges in error not noticing them until after the fact. Our Terms of Service do not have any provisions on offsetting overcharges against subsequent invoices.Are we legally entitled to offset the unauthorized charges against future invoices from the vendor?Thanks.
I bought an $800 professional medical device from a vendor
Hi, I bought an $800 professional medical device from a vendor who said I could return it within 14 days if not satisfied. I called the salesman on 13th day to ask to return it since I don't like it.He said OK, John Doe from another dept will send you an RMA, (return material authorization.)That was 2 weeks ago and I haven't received any contact or RMA.I want to send it back, but the sales order I signed says: "Any product incorrectly returned to Vendor without a valid RMA number will not be accepted and will not be eligible for credit."I've written the salesperson emails,and I've left him a voicemail just haven't heard anything.What is the correct thing to do?Thank you!
We are a wholesaler and we are not getting payments from our
we are a wholesaler and we are not getting payments from our client. Can I tell our client the following "we are going to contact ____(our client's customer) to see why we are not getting paid and if they are not paying you. We know someone there, so we can try to find out what the problem is. Are they not paying you and is that why you are not paying us?" Our client's customer is a large corporation and they look down on any of their vendors who do not pay their suppliers (smaller companies like us). Or, can I just contact our client's customer directly and tell them that their vendor is not paying us.Thanks.
Counselor at Law
Its a bit complex....I am the CEO of a start up that has
Hello Pearl- its a bit complex....I am the CEO of a start up that has "almost made it" several times over the last 7 years, including awards and investment. I have a 50-50 partner of high net worth who has board seats only. Anyhow we are launching again with 18 health systems who have bought into our model. My partner had lined up an investor back in August who was going to fund this. The funding delayed and delayed and I expressed my financial and emotional distress that this business has caused. When it all fell apart, I told my partner I could no longer keep this company going, I was bankrupt financially and emotionally and it was impacting my personal life beyond what I could accept. My partner then asks me to outline a plan where he could fund the pillot. I outlined it in detail in emails, email attachments and over 4 conference calls with my partner and his wife. I set a minimum of $55k/5 months with $25k in the first 2 months. This included a salary for me for 4 months, so I could stop the recruiters and job applications. After everything was moving forward my partner sent out a belligerent email to the whole team and I corrected where he was wrong. He is now cutting me out of all communications (the team has to forward things to me because my partner removes my email address everytime he replies and is now paying our contractors outside of the company and in gross violation of the fiduciary agreeements in our Deleware C corp bylaws. He is paying them directly and not paying my agreed salary when he knows I am destitute as a power play. He is deliberately causing emotional damage, and I want to know the scope of my legal alternativesJA: OK. To minimize me, please click the down arrow at the top right corner of this box. OK. To minimize me, please click the down arrow at the top right corner of this box. Because employment law varies from place to place, can you tell me what state this is in?Customer: It is a deleware c-corp, the address is in NY and my partner is in bostonJA: Have you consulted a lawyer yet?Customer: Just a phone call, but the rates prohibited a real discussionJA: Is there anything else important you think the Lawyer should know?Customer: Start-up CEO/founder is a brutal mindscrew. I have had several talks with our advisors for what we deem "talking me off the ledge" because depression, etc are now well documented. My partner is acting with malicous intent, he is that kind of guy, I have emails where he verbally abused vendors etc. He is a surgeon who I believe has a mental disconnect, that rules don't apply to him that apply to "the common man" I know he broke the bylaws, but I am interested in a more serious suit. That siad he is a multi-millinaire orthopedic surgeon who can afford litigation indefinatelyJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Lawyer about your situation and then connect you two.