Ask a Lawyer - Business Law questions answered by leading lawyers |
| California vs. Delaware Corporation? |
California vs. Delaware incorporation for a tech start up. What is better and why? The business is located in CA, but service clients nationwide. |
| Locked Out By Business Partner? |
I am 50% owner of a s corp. My business partner has locked me out, opened new bank accounts, sent notice to all customers that I am no longer part of the company, canceled my health insurance.
I have very little savings to get wrapped up in a long legal battle. Yet I can not let this go. Justice needs to be served.
This battle started with my confronting him about spending large amounts of company funds to pay his personal bills and personal taxes.
What can I do? Will a attorney take this on a contingency? |
| Can Owners Put Liens On Assets of Their Own Business? |
My father and I started a salon using equity loans taken out on our homes. There is about $40,000 in equipment. Can either one of us place a lien on the equipment for this amount? |
| Selling a Business Without Continuing Liability? |
I own a business and am really wanting to sell. It's too much time away from my family, so the sooner the
better. Interested party wanting to buy, but want to pay 20,000 down and 10,000 in 6 months and 8,000 in 3
months after. They can't put business in their name until January, and I still owe on my loan for more than the
downpayment. Can this work? I don't want any responsibility after papers are signed and everything out of my name. |
| How Do I Collect on a Promissory Note? |
I ventured in a business deal with a gentleman in 2008. He since closed his office because he had a stroke. I have a promissory note signed by him. The note expires 12-31-09. I understand that he is ill and unable to work right now, but I also know that he owns his house, he put the house in a trust and that he is the trustee of the trust. My question is do I meet with him to sign another promissory note. Or go after his house? |