Ask a Business Lawyer

Is there any law that precludes an Ecuadorian citizen from being a partner in a US company?

Yes, for example an "S" election corporation...and there are other issues that arise for …

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Shawn Jackson answered 1 year ago

Can my father gift 10% of the family company to me with a clause that states he can take it away at any time with no compensation?

A "gift" isn't really a contract, but in case case: A more likely result …

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Duffy Law, LLC answered 1 year ago

If I am starting up a business in one state but noticed the name is already taken in a neighboring state, should I look for a new name?

When forming a business you may select between three basic types – partnership, …

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Kenneth Avila, Patent Attorney answered 1 year ago

How do I go about providing very limited childcare services in my women's fitness center?

Depending on who would be responsible for supervising the children you might have to …

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Duffy Law, LLC answered 1 year ago

How to rescind my co-ownership of an LLC?

You need to bring a lawsuit to dissolve the LLC and for an accounting.  …

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Siegel & Siegel, P.C. answered 1 year ago