Business Law

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

Connect one-on-one with {0} who will answer your question

Related Business Law Questions
I'm in the process of trying to buyout my partner and was
i'm in the process of trying to buyout my partner and was potentially seeking options on how I would potentially do that … read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
6,349 satisfied customers
If new very questionable financial wrong doings are
If new very questionable financial wrong doings are discovered that my former business partner was doing while I was a partner in the business. Do I have any legal recourse if I agreed to a buy out in… read more
Richard - Bizlaw
Richard - Bizlaw
Attorney
Juris Doctor
10,974 satisfied customers
I am a partner in an LLC in NYC and am leaving for another
I am a partner in an LLC in NYC and am leaving for another job. Right now according to our Membership Purchase Agreement I own 50% of the company but after we purchased the company an investor came in… read more
Loren
Loren
41,820 satisfied customers
Hope you are well. I'm running this by a CPA, but also
Good Morning Richard,Hope you are well.I'm running this by a CPA, but also wanted the legal perspective.I have/had a group of several clients who used to be partners with each other in two LLC busines… read more
Richard
Richard
Owner
Doctoral Degree
53,375 satisfied customers
Just wondering about the 60/40 split JA: The Corporate
when bills are due, does the 60% owner pay 60% and vice versa for 40% owner? … read more
Richard - Bizlaw
Richard - Bizlaw
Attorney
Juris Doctor
10,974 satisfied customers
Problem with business partner. We own a health club. 50/50..
Problem with business partner. We own a health club. 50/50.. he is "president" me, CEO, VP, Treasurer, Secretary. He is an airline captain/absentee owner, who happens to also be my ex. Together 13 yea… read more
Richard - Bizlaw
Richard - Bizlaw
Attorney
Juris Doctor
10,974 satisfied customers
How S Corps buy out one of partner within by shifting allocation
How S Corps buy out one of partner within by shifting allocation (allocation was verbal agreement) or buying out fully? Can an owner buy out another owner entirely?… read more
Attorney2020
Attorney2020
Lawyer
2,480 satisfied customers
I have a question on buyout. We are a 4 member LLC (2 couples)
I have a question on buyout. We are a 4 member LLC (2 couples) and started working on opening a commercial day care center. This is a ground up construction and obtained a SBA 504 Loan for this purpos… read more
Isaac, Esq.
Isaac, Esq.
Attorney at Law
Doctoral Degree
41,353 satisfied customers
Hello, I moved to Georgia last year and formed an LLC and
Hello, I moved to Georgia last year and formed an LLC and opened a retail store. During that process I took on a business partner. We are having some issues and i feel the partnership may not survive.… read more
MShore Law
MShore Law
Attorney
Doctoral Degree
1,233 satisfied customers
Hi there, I owned a roofing company. One of my salesmen resigned
Hi there, I owned a roofing company. One of my salesmen resigned last July. He was a subcontractor and paid purely on commissions. The commission is calculated 60/40 on net profit. The salesman's resp… read more
Lucy, Esq.
Lucy, Esq.
Juris Doctor
27,747 satisfied customers
I process customer credit card orders using clickbank. For
I process customer credit card orders using clickbank. For the most recent pay period clickbank informed me, but I did NOT agree to, that they are assessing "refund penalties". These refund penalty FE… read more
Richard - Bizlaw
Richard - Bizlaw
Attorney
Juris Doctor
10,974 satisfied customers
Good day, Myself and my partner own a company in the state
Good day, Myself and my partner own a company in the state of WA. 50/50 The relationship is deteriorating and I would like to find out what would be the way out of this partnership. He can't buy me ou… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I am a 40% shareholder in a family business. My brother also
I am a 40% shareholder in a family business. My brother also owns 40% and our father owns 20%. I was forced out of the business at the end of last year after 25-years of employment. I would like a fai… read more
MShore Law
MShore Law
Attorney
Doctoral Degree
1,233 satisfied customers
I have an S-corp (45% owner). My biz partner (55% owner) set
I have an S-corp (45% owner). My biz partner (55% owner) set up an identical, competing LLC in his name and starting taking work for himself. We act as a subcontractor to install wall pads for pad man… read more
Loren
Loren
41,820 satisfied customers
Hi there! I have an LLC in California that was originally
Hi there! I have an LLC in California that was originally between myself and 1 other person (50/50 ownership). We do not currently have an operating agreement, but are in the process of having one com… read more
socrateaser
socrateaser
36,500 satisfied customers
I started a company with my brother. Niether he nor I are
I started a company with my brother. Niether he nor I are listed on the LLC, but his wife is. We did this to avoind a potential lawsuit from a previous employer of my brothers. After a year, he has ta… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I own a temporary staffing agency, selling mostly blue sky
I own a temporary staffing agency, selling mostly "blue sky" with a very profitable financial history and contracts. My partner owns 1/1000 of the business and wishes to purchase it but has no capitol… read more
GWarren Customer Advocate
GWarren Customer Advocate
Attorney, Consultant and Managing Member
Juris Doctor
355 satisfied customers
I was asked by two guys to join a partnership in a consulting
I was asked by two guys to join a partnership in a consulting company. We signed a term sheet that profits would be distributed by thirds and then I proceeded to make a lot of revenue for that company… read more
Attorney & Counselor at Law
Attorney & Counselor at Law
Managing Partner
Doctoral Degree
865 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:

MShore Law

MShore Law

Attorney

1,233 satisfied customers

Drafted Negotiated and/or Reviewed Thousands of Commercial Agreements

RGMacEsq

RGMacEsq

Attorney

918 satisfied customers

Licensed Texas General Practice Attorney

Barrister

Barrister

Attorney

738 satisfied customers

19 years practicing attorney, JD, BA, MBA

Ely

Ely

Attorney

605 satisfied customers

Counselor at Law.

P. Simmons

P. Simmons

Attorney

420 satisfied customers

12+ yrs. of legal experience.

J. Warren

J. Warren

Attorney

406 satisfied customers

Experience in general business transaction and formation matters.

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