Business Law

Ask a business lLawyer. Get business law questions answered ASAP.

Ask a Lawyer,
Get an Answer ASAP!

Related Business Law Questions
I am looking for a tax professional with a good understanding
I am looking for a tax professional with a good understanding of profits interest as an instrument of equity in an LLC. I am trying to wrap my head around how to go about implementing this into an ope… read more
Expert
Expert
I am joining an existing LLC in May. For tax purposes, am I
I am joining an existing LLC in May. For tax purposes, am I liable for any income or investment in the LLC that occurred before I signed on to the agreement? … read more
Maverick
Maverick
Doctoral Degree
6,680 satisfied customers
I have a computer repair LLC. Can you tell me how to set up
I have a computer repair LLC. Can you tell me how to set up stocks as an LLC? Also, How do these stocks affect my business? If someone were to buy a stock for $100 would the price of the stock directl… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,780 satisfied customers
Can an LLC buy shares from one of its members and distribute
Can an LLC buy shares from one of its members and distribute them equally among other members? What tax would member who sold his shares would have to pay in this case?… read more
Asad Rahman
Asad Rahman
Attorney
J.D.
2,583 satisfied customers
Just formed an LLC in NJ purpose of shooting a tv show. Two
Hi. Just formed an LLC in NJ for the purpose of shooting a tv show. Two friends are interested in investing for a small %. I'm told you don't need an operating agreement in N.J. so what would be the b… read more
RGMacEsq
RGMacEsq
Attorney
Doctoral Degree
793 satisfied customers
Corporate Structure Introduction NewCo a planned start-up
Corporate Structure Introduction NewCo a planned start-up is creating an App integrating communication, compliance and training on regulatory product such as chemicals. Founders are CT (me) and TJ who… read more
Law Educator, Esq.
Law Educator, Esq.
125,286 satisfied customers
An existing Florida LLC entity has been established a few months
An existing Florida LLC entity has been established a few months ago. Some capital has been invested as seed money, which will now be expanded. The Shareholder Agreement and Articles of Incorporation … read more
Richard
Richard
Owner
Doctoral Degree
50,777 satisfied customers
In 2010 I formed, and have a 45% membership interest in, a
In 2010 I formed, and have a 45% membership interest in, a Florida Partnership LLC. My partners (husband and wife) recently voted me out as a managing member without cause (we were all manager members… read more
MShore Law
MShore Law
Attorney
Doctoral Degree
1,233 satisfied customers
I am desperately trying to understand the implications for
I am desperately trying to understand the implications for non-pro-rata distributions of profits in a California LLC taxed as a partnership. I have some investment money to put into the business, and … read more
WiseOwl58
WiseOwl58
Attorney
JD Honors Graduate
4,667 satisfied customers
My Delaware C-corps IP is held by an LLC I own 100%. A co-inventor (who has stock o
My Delaware C-corp's IP is held by an LLC I own 100%. A co-inventor (who has stock options in the C-corp) wants shares in the LLC. Do I want a profits interest agreement for this? Any minefields here?… read more
Brent Blanchard
Brent Blanchard
Solo Practitioner
Doctoral Degree
1,964 satisfied customers
I own an L.L.C., and want to take on a member who wants to
I own an L.L.C., and want to take on a member who wants to provide bonding, insurance and a structure to provide public services. I currently am the sole member, and want to maintain controlling inter… read more
Brent Blanchard
Brent Blanchard
Solo Practitioner
Doctoral Degree
1,964 satisfied customers
Hi, I have an LLC for which I have 100% ownership and I want
Hi, I have an LLC for which I have 100% ownership and I want to surrender 49% of the membership interest to a friend. What do I need to do?… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
How do we set up an LLC such that the primary owner, the one
How do we set up an LLC such that the primary owner, the one who will be devoting the most time, knowledge, and energy, can maintain majority interest even though he cannot contribute the most money? … read more
David L
David L
Doctoral Degree
1,604 satisfied customers
My partner and I have 50:50 ownership of an LLC. Our capital
My partner and I have 50:50 ownership of an LLC. Our capital structure, per our Operating Agreement, provides that we each have 500 LLC Units, a Unit being defined as a measure of ownership in the cap… read more
socrateaser
socrateaser
35,655 satisfied customers
I am a litigation attorney with little experience setting up
I am a litigation attorney with little experience setting up a corporation. Am helping my family set up a c corp. We currently have 5 investors contributing $5000 each. However, we are expecting to ha… read more
FLACORPLAWYER
FLACORPLAWYER
Doctoral Degree
1,750 satisfied customers
My LLC in Washington State has the following 2 line items
My LLC in Washington State has the following 2 line items: ############# 2.2 Additional Restrictions. The vote, approval or consent of all the Members shall be necessary to authorize the Manager(s) to… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,780 satisfied customers
I have a Nevada Serial LLC which was formed and registered
I have a Nevada Serial LLC which was formed and registered for me by an online company. I was given an Operating Agreement which related to a single LLC. I need a good, Nevada Serial Operating Agreeme… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I formed an LLC with my neighbors, a wholesale dental supply
I formed an LLC with my neighbors, a wholesale dental supply company, to serve various dental labs throughout the U.S. I am also an officer/shareholder in one of these labs that became a customer of t… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,780 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Infolawyer

Infolawyer

Attorney

2,110 satisfied customers

Experienced lawyer

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

1,611 satisfied customers

Run my own successful business/contract law practice.

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

793 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

692 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

604 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x