Business Law

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

Ask a Lawyer,
Get an Answer ASAP!

This answer was rated:

We have an investor that we have been working with as of…

We have an investor that...
We have an investor that we have been working with as of November 2017. There have been multiple agreements signed during this period (Investment Proposal, Letter of Intent, Bridge Financing Agreement, Amendment to the Agreement, formal Investment Agreement and a Payment Extension Agreement). The investor has personally signed all of these agreements and has engaged our company for development work based upon an agreed investment amount required for a development project. The investor has paid approximately 22% of the investment per the agreement. However, the investor has asked us to consider returning the investment, though they immediately afterwards state that they want to continue to work with our company and its financing. Does the investor have any legal right to a return of funds if they have already been provided, multiple contracts have been signed obligating the investor to provide the investment and also the fact that the full investment was never made?
Show More
Show Less
Ask Your Own Business Law Question
Answered in 5 minutes by:
3/19/2018
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,673
Experience: Experienced lawyer
Verified

Hello and welcome. I am working on your answer and will be right back!

Ask Your Own Business Law Question

There is no basis for return of the investment, where the agreements do not carve out such an unusual clause. The investment is subject to the terms, and normally would depend on goals being made and discretion of the managers. It is not a callable loan.

Ask Your Own Business Law Question
Please let me know if the reply is acceptable by responding “yes” or “acceptable”
Ask Your Own Business Law Question
Customer reply replied 5 months ago
thank you.
Glad to hear it. Please select the 5 star (*****) rating on your page for the answer. That’s how I get paid by the site. Much appreciated!
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,673
Experience: Experienced lawyer
Verified
Infolawyer and 87 other Business Law Specialists are ready to help you
Ask your own question now
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a business lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Infolawyer Your Own Question
Infolawyer
Infolawyer
Infolawyer, Attorney
Category: Business Law
Satisfied Customers: 63,673
63,673 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

63,673 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

778 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

683 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 >

Related Business Law Questions
If you engage into a joint venture project with an investor
If you engage into a joint venture project with an investor and the investor begins to default on payment can you hold a retainer against funds already invested on the grounds of concern that the inve… read more
Olivia Kent
Olivia Kent
Managing Partner
Doctoral Degree
4,583 satisfied customers
To Whom It May Concern: We recently engaged our company with
To Whom It May Concern:We recently engaged our company with European investors in early January 2018 in regards ***** ***** large development project in Houston for redevelopment efforts following hur… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,185 satisfied customers
To Whom It May Concern: We have a contract with a group of
To Whom It May Concern:We have a contract with a group of investors who have offered capital for the development utilizing our new construction technology in Houston, Texas. Engagement began in Novemb… read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
1,403 satisfied customers
I believe we are getting close to finishing up with our
Hi Roy.I believe we are getting close to finishing up with our investor. We have sent them the accounting for the last two years of the company. As expected, they have a lot of questions and are askin… read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
1,415 satisfied customers
I want to send out a request to an investor regarding a
I want to send out a request to an investor regarding a project I'm doing. I wanted to see about some verbiage I should use to propose to the investors.So for a project we have we need to have 650,000… read more
DamienJD
DamienJD
Attorney
Doctoral Degree
5,386 satisfied customers
I have an LLC with my brother to do real estate. We didn't
I have an LLC with my brother to do real estate. We didn't have much money at all to start with but an investor invested money into us and we started business. We are due to give the investor their mo… read more
Roy Hadavi
Roy Hadavi
Attorney
Juris Doctorate
1,415 satisfied customers
Hi, We have an urgent question. We have made a startup
Hi, We have an urgent question. We have made a startup where we are trying to develop some new IP in a few hot areas. These IP will be worth quite a lot. We are looking at creating 25-30 patents in 4 … read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,773 satisfied customers
How do I go about getting my money back from an investment
How do I go about getting my money back from an investment I made 10 years ago? The pastor of the church I used to go to asked the members of our church to invest in a family project. The pastor advis… read more
PaulmoJD
PaulmoJD
Attorney At Law
Doctoral Degree
106 satisfied customers
Hello, Ive informally associated to raise capital for a
Hello, I've informally associated to raise capital for a small start up entertainment company. The company has plans to producer multiple projects across multiple genres in film, television, reality t… read more
Kendell Kelly, Esq
Kendell Kelly, Esq
Kendell R Kelly, Esq
Doctoral Degree
602 satisfied customers
We are planning to raise a very small amount of seed capital
We are planning to raise a very small amount of seed capital (30 to 50 K) for the expansion of a business. We propose to offer a debt financing arrangement (1 to 3 investors) where we will offer a cer… read more
Legalinfomd
Legalinfomd
Partner
Juris Doctorate
160 satisfied customers
I have a business partner who gave money for a business, without
I have a business partner who gave money for a business, without contract or written agreement. During the opening of this business the partner had an issue with the way the project was being managed … read more
MShore Law
MShore Law
Attorney
Doctoral Degree
1,233 satisfied customers
Ok, So Im Trying to write a response. Im thinking of stating
Ok, So I'm Trying to write a response. I'm thinking of stating the following I cannot sign their agreement, because 1, it contradicts the original LLC agreement and 2, I don't have enough information … read more
kattorney
kattorney
attorney
Doctoral Degree
209 satisfied customers
Can a potential investor back out of a signed term sheet at
Can a potential investor back out of a signed term sheet at any time for any reason without liability? (Please see below). ---This Term Sheet summarizes the principal terms of the Series A Preferred S… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
Scenario I own a private real estate investment company
Scenario: I own a private real estate investment company that provides preferred and sponsor equity to joint venture real estate partners. What licenses do I need to operate such a company? How can I … read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,773 satisfied customers
I am one of three partners in an LLC software development company.
I am one of three partners in an LLC software development company. We have self funded the development of a healthcare electronic medical record over the past 18 months. We are a couple months away fr… read more
Richard - Bizlaw
Richard - Bizlaw
Juris Doctor
3,773 satisfied customers
I have just created a new LLC. Firends and family are interested
I have just created a new LLC. Firends and family are interested in investing now and I would like to issue a convertible note (debt). Do I need to incorporate a separate entity (corporation) or is th… read more
TaxAttorneytoHelp
TaxAttorneytoHelp
Owner
Doctoral Degree
2,542 satisfied customers
as a business owner in intimate apparel for women, with 24
as a business owner in intimate apparel for women, with 24 years in the business and loyal customer base in my desire to expand, i would like to make an offering to my customers to invest and to raise… read more
GWarren Customer Advocate
GWarren Customer Advocate
Attorney, Consultant and Managing Member
Juris Doctor
355 satisfied customers
I invested in shares for developing a photo storage program
I invested in shares for developing a photo storage program and a year afterward the man creating this program switched to creating a x-ray storage machine and program, it has been four years and all … read more
Infolawyer
Infolawyer
Attorney
Doctoral Degree
63,673 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