Business Law

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

Ask a Lawyer,
Get an Answer ASAP!

I'm signing a deal with a private investor in 36 hours and…

Customer Question
I'm signing a deal...

I'm signing a deal with a private investor in 36 hours and urgently need someone to just skim through and make sure theres no glaring holes and that we're protected. How much would that cost? Document is pretty straightfoward.

Lawyer's Assistant: It can cost anywhere from $10 to $100, depending on the type of issue and how much of the Lawyer's time your question is expected to take (how complex and lengthy an answer you require). What state are you in? It matters because laws vary by location.

CA

Lawyer's Assistant: What steps have you taken so far?

Term sheet and cap table ready, but the operating/partnership agreement is what I need reviewed for protection

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

He wants to invest as a private investor instead of going through his VC firm, is that a red flag that he wants to take over?

Submitted: 1 month ago.Category: Business Law
Show More
Show Less
Ask Your Own Business Law Question
Customer reply replied 1 month ago
Here's the draft.
Answered in 10 hours by:
3/18/2018
Business Lawyer: Law Educator, Esq., Attorney replied 1 month ago
Law Educator, Esq.
Category: Business Law
Satisfied Customers: 123,242
Experience: All corporate law, including non-profits and charitable fraternal organizations.
Verified

Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.

Did you have any specific questions about this agreement, which by the way is very well written?

Ask Your Own Business Law Question
Was this answer helpful?
Ask Infolawyer Your Own Question
Infolawyer
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 1,957
1,957 Satisfied Customers
Experience: Experienced lawyer

Infolawyer is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

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

1,957 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

751 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

646 satisfied customers

17 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

577 satisfied customers

Counselor at Law.

J.Hazelbaker

J.Hazelbaker

Attorney

393 satisfied customers

Experienced and trained in the area of business law.

< Previous | Next >

Related Business Law Questions
Can a business partnership be 50/50, but with a shared
Can a business partnership be 50/50, but with a shared profit of 60/40% … read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
1,148 satisfied customers
I am a 50/50 owner in an LLC, with no partnership agreement,
I am a 50/50 owner in an LLC, with no partnership agreement, It is a solon. One partner is a stylist the other is not. She receives free booth rent at $600 a month and all her products/color for clien… read more
RGMacEsq
RGMacEsq
Attorney
Doctoral Degree
751 satisfied customers
Where can I locate free downloads of partnership agreements
Where can I locate free downloads of partnership agreements and/or shareholders agreement without having to sign on for something or other, or complete the information on line. .… read more
Ely
Ely
Attorney
Juris Doctor
577 satisfied customers
My wife entered a partnership arrangement with her friend
My wife entered a partnership arrangement with her friend but they did not have a formal partnership agreement drawn up. Both names are ***** ***** business property lease and both names are ***** ***… read more
Lori
Lori
Juris Doctor
1,062 satisfied customers
I have a legal partnership agreement with my 5 other
I have a legal partnership agreement with my 5 other siblings, and the agreement is not being followed. I need assistance. I live in washington state. … read more
Phillips Esq.
Phillips Esq.
Attorney
JD
19,229 satisfied customers
Second opinion] In California, can I close a partnership
Second opinion] In California , can I close a partnership biz account. And if my partner opened up a dba with a bank using this companies name and I close it will his dba still be "good"?… read more
socrateaser
socrateaser
1,031 satisfied customers
In a partnership, can one partner get a bigger distribution
in a partnership, can one partner get a bigger distribution than his partnership ownership percentage… read more
Andrew
Andrew
Attorney
Juris Doctorate
302 satisfied customers
I need a lawyer to review a partnership contract and a
I need a lawyer to review a partnership contract and a response from my partner's lawyer and give me advice on what to do next.… read more
Lori
Lori
Juris Doctor
1,062 satisfied customers
I have a Salon partnership with 50/50 but no pre agreement.
I have a Salon partnership with 50/50 but no pre agreement. We are diviorcing. We tried 1st round of mediation. This was of coarse supposed to be a mutual friendly split. She offered to buy me out and… read more
LegalGems
LegalGems
Juris Doctorate
11,587 satisfied customers
When a partnership owns a business and one of the partners
When a partnership owns a business and one of the partners works in the business is that partner considered an employee?… read more
LegalGems
LegalGems
Juris Doctorate
11,587 satisfied customers
In California, can I close a partnership account. And if my
Second opinion] In California , can I close a partnership biz account. And if my partner opened up a dba with a bank using this companies name and I close it will his dba still be "good"?… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,749 satisfied customers
In California, can I close a partnership account. And if my
In California , can I close a partnership biz account. And if my partner opened up a dba with a bank using this companies name and I close it will his dba still be "good"?… read more
Infolawyer
Infolawyer
Attorney
1,957 satisfied customers
I have a business partnership, and we I have agreed to not
I have a business partnership, and we I have agreed to not do external business in the area where our partnership is doing business. As our partnership produces products, they could easily create new … read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
123,242 satisfied customers
I need help with a business partnership dissolution. I can
I need help with a business partnership dissolution. I can give a detailed account of what I am asking on this or should I wait until I am connected with a lawyer?… read more
DrakeLAW
DrakeLAW
Juris Doctorate
1,037 satisfied customers
My partner is a 50% owner, in partnership with her
Hi, My partner is a 50% owner, in partnership with her ex-husband, of an LLC registered in California, The company owned several properties which have all been sold and proceeds have been distributed.… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
123,242 satisfied customers
Can the president of a partnership not send a check to a
Hello, can the president of a partnership not send a check to a shareholder because the shareholder does not reply via email, text or phone if he or she has received the check from the president? … read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,034 satisfied customers
I am in a limited partnership and all of the utilities are
I am in a limited partnership and all of the utilities are in my partners name. We have fuel cards for our trucks also. They are in his name. I own four of the 18 wheelers in the Fleet myself and my p… read more
Alex Esquire
Alex Esquire
Managing Attorney
Doctoral Degree
153 satisfied customers
A partnership agreement states that the members are to make
Good morning. A partnership agreement states that the members are to make a specified capital contribution. When only one partner performs and holds a 34% can the non-contributing partner's interest b… read more
LegalGems
LegalGems
Juris Doctorate
11,587 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).

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