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Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 1780
Experience:  Experienced lawyer
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My friend has business and I want to be part of that

Customer Question

hi
JA: Hi. How can I help?
Customer: my friend has business and I want to be part of that business ...can he sell part of that business
JA: What state are you in? And have you consulted a local attorney?
Customer: NJ business inb PA
JA: Has anything been officially filed? If so, what?
Customer: he has already gas station business and I want to buy from him 15 %
JA: Anything else you want the lawyer to know before I connect you?
Customer: the business is a 2 gas stations ...one is LLC the other one is corporate .and want to see how I can be officially part of that business
Submitted: 1 month ago.
Category: Business Law
Expert:  P. Simmons replied 1 month ago.

Thanks for the chance to help. I am an attorney with over 12 years experience. Hopefully I can help you with your legal question.

Expert:  P. Simmons replied 1 month ago.

I am sorry for this dilemma. But not sure I understand your specific question. Is your friend the sole owner of this business? Or are their coowners?

Customer: replied 1 month ago.
he has 50% ,and my other friend has 50% .
Expert:  P. Simmons replied 1 month ago.

Thank you

And do you know what their operating agreement says about this? Does it allow sale?