Business Law

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Related Business Law Questions
I bought 20% of an llc and my business partner has the
Good morning, I bought 20% of an llc and my business partner has the remaining 80%. Checking the bank statements and monthly reports, there are about 54k missing in the coarse of two months. I found o… read more
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Edward
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My husband used to owner an scorp. A party rental business.
My husband used to owner an scorp. A party rental business. Last year we changed it to Llc with him and me as members/partners. We changed the name, EIN is now under my social security number. Now he … read more
Lori
Lori
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I formed an LLC and DBA with a partner. Now it looks like
Hello, I formed an LLC and DBA with a partner. Now it looks like that may be dissolved. We do not have a legal partnership agreement in place. Who has the rights to the DBA and LLC names? … read more
meaghan Glibowski
meaghan Glibowski
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I am researching whether or not a new EIN number needs to be
I am researching whether or not a new EIN number needs to be obtained in the transfer of a single member LLC to a new single owner of the LLC. … read more
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My wife is a member of an LLC which owns a single commercial
My wife is a member of an LLC which owns a single commercial property. The other two members are family members. My wife recently decided to exit the partnership. The partnership operating agreement (… read more
Ray
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I started a new company in 2015 took on a business partner,
I started a new company in 2015 took on a business partner, we took out a loan to help the new business. We were all on the loan. I pledged assets and he pledged assets to secure the loan. He wanted m… read more
Zachary Fowler
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I went into business w someone june 2017. Sept 2017 the
I went into business w someone june 2017. Sept 2017 the partner walked away and said if I sell within 2 years she wants half of the sale price. She refused to draw up papers and I changed the lease ov… read more
Asad Rahman
Asad Rahman
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LLC formed last Jun; four partners. Each contributed money,
LLC formed last Jun; four partners. Each contributed money, effort, some equipment. The partner contributing the most equipment wants out. Business is NOT profitable, to date. 1. Can he take the equip… read more
Attorney2020
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I am in a LLC partnership. I am the sole contributor of
I am in a LLC partnership. I am the sole contributor of money and equipment toward the business from my personal account. For one of the pieces of equipment, I gave my partner the money to buy equipme… read more
Alex J. Esq.
Alex J. Esq.
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I had a small business that I closed about two years ago. I
I had a small business that I closed about two years ago. I now have another business that is not the same type of business. I have refused to accept court papers requesting me to court. The request i… read more
CalAttorney2
CalAttorney2
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I have a startup that I put in about $60K initially and my
I have a startup that I put in about $60K initially and my partner put in $30K to buy a piece of complicated equipment and rent it out. We weren't making enough money on rentals in the first year to p… read more
DamienJD
DamienJD
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In November 2011 I started a small private tutoring business
In November 2011 I started a small private tutoring business with a friend in NJ. We shared a 50/50 partnership in an LLC, which I came up with the name for. We started having problems a year ago and … read more
Phillips Esq.
Phillips Esq.
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Do I need to apply for a business license if I just wanna setup a sole proprietorship in Madison WI developing iphone applicaiton?… read more
JerrySJD
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New Jersey; I filed Chapter 7 bankruptcy in 2009 and a discharge
New Jersey; I filed Chapter 7 bankruptcy in 2009 and a discharge was granted. I continued operating an LLC, which was obligated to pay leases for medical equipment. Revenues have decreased drastically… read more
David L
David L
Doctoral Degree
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Business and residency in different states? (1) I have
Business and residency in different states? (1) I have recently moved from Oregon to Maryland. I have a Single Member LLC publishing business (that is operating solely online, international clientbase… read more
MShore Law
MShore Law
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My husband and I had an LLC which went out of business. We
My husband and I had an LLC which went out of business. We had three pieces of financed equipment and a business credit card. These accounts have since gone to collections and the equipment has been r… read more
Maverick
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Doctoral Degree
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Under a sole propriatory company, if investors put money into
Under a sole propriatory company, if investors put money into the company, and the company represents the investments as co-ownerships, what is the liability to the investors should the sole proprieta… read more
Law Pro
Law Pro
Doctoral Degree
19,000 satisfied customers
I am lesser partner (55/45) in an Alabama LLC real estate company.
I am lesser partner (55/45) in an Alabama LLC real estate company. There is no operating agreement. The company has never made a profit and now each partner is holding huge loans which were used to su… read more
lwpat
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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).

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