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Small Business/Contracts Law/Questions
| Subject | Date Asked | Expert |
| Old debts from LLC to Inc | 2/7/2012 | Michael Brady |
| Q: We atarted a construction business in Washington State 8 years ago as an LLC, I owned 100%. We ... A: John, You should hire an attorney to represent you in this matter. Generally, the members of an LLC ... | ||
| Eviction filed by LLC dismissed | 1/27/2012 | Michael Brady |
| Q: I have filed two evictions for a property owned by our LLC. The first eviction went through the ... A: Jan: It's hard to know what the judge objected to, based on what you have described. You didn't ... | ||
| disolving a partnership business | 1/13/2012 | A. Hall, Minnesota Attorney |
| Q: My business partner wants to buy out my half of the business...Im curious if the selling price would ... A: I'm not sure I understand your situation. Are you asking whether the business sale price should be ... | ||
| buyout proposal | 1/4/2012 | Michael Brady |
| Q: I am currently one third owner of a c corporation. We are trying to start the buyout process and was ... A: Ed, I can't urge you strongly enough to retain an attorney to assist your company in this buyout. ... | ||
| llc | 1/2/2012 | Michael Brady |
| Q: we own three businesses can we put all three of them in an llc together A: Shelley: An LLC can certainly have three different lines of business, however you might be better ... | ||
| Acquiring Small Business | 12/1/2011 | Michael Brady |
| Q: I am currently retired and have an opportunity to purchase a home in another state that has two very ... A: Tom, My first two recommendations to you are to find a good accountant and to find a good ... | ||
| s-corp - issuing stocks | 11/16/2011 | Michael Brady |
| Q: I just registered an s-corp in CA. The corp is authorized to issue only one class of shares of stock ... A: Mindy: The Corporation may issue as many shares as it likes, up to the authorized amount of 1000. ... | ||
| LLC | 11/3/2011 | Michael Brady |
| Q: Michael, Appreciate you taking my question. I reside in Maryland and until about 5-6 months ago ... A: Zach: It's difficult to say exactly what you would be entitled to at this point. If the business ... | ||
| admitting a partner into a partnership | 11/2/2011 | Michael Brady |
| Q: If you state all partnership assets in terms of current prices at the admission of a new partner the ... A: Kelly Jo: You don't say what type of assets the partnership owns, which may impact how they are ... | ||
| closing a professional corporation | 10/31/2011 | Michael Brady |
| Q: I would like to shut down my professional corporation. I owned my own Optometry practice for twenty ... A: Mary: Congratulations on selling your business! I hope you are able to enjoy your semi-retirement ... | ||
| Consignment | 10/18/2011 | Michael Brady |
| Q: In February of this year the owner of a local high-end and reputable gift store in MA invited me to ... A: Karen: You haven't mentioned whether you have a written agreement in place with this consignment ... | ||
| 501 (3) (c) open meetings | 9/22/2011 | Michael Brady |
| Q: In suffolk county NY does a non profit organization 501(3)(c) have to have open meetings. We are a ... A: Adam: The Open Meetings law generally applies to government bodies (see this link for the Open ... | ||
| default on business loan - can I go to Jail | 9/20/2011 | Michael Brady |
| Q: I obtained a business loan to buy items for resale. When the economy went south so did my business. ... A: Anne: Generally, defaulting on a loan would not be a crime. There would need to be allegations of ... | ||
| photography | 8/31/2011 | Michael Brady |
| Q: but here goes: I am creating a calendar. I have a bunch of models that are going to pose for the ... A: Lori: Your instinct is correct--you should have the models sign a release form to protect yourself. ... | ||
| Verbal Agreemant | 8/24/2011 | Michael Brady |
| Q: I was in business with a friend of mine for seven years. we started out great but then the last four ... A: Albert: It's hard to say what exactly what you're partner is entitled to. If you didn't have a ... | ||
| Use of government logo's | 8/17/2011 | Michael Brady |
| Q: I make customized glass bowls. I have just received a request to make a retirement gift for someone ... A: Melinda, Check out this website: http://www.usa.gov/copyright.shtml . It indicates that "You ... | ||
| Breaking Contracts | 8/13/2011 | Michael Brady |
| Q: Can you tell me if it is illegal to break contracts? I know you can get sued, but would it be ... A: KC: Usually the parties to a contract must sue each other for breach of contract and other legal ... | ||
| Validity of a Contract | 8/12/2011 | Michael Brady |
| Q: In California, how does penned-in information in a contract by one party to a contract, unsigned by ... A: John: I am not licensed to practice law in California, so you should consult directly with someone ... | ||
| Corporate Resignation | 8/10/2011 | Michael Brady |
| Q: My husband and I own an "S" Corporation company together 50/50. We are in process of starting ... A: Cyndie: You didn't say what state you are from or what state the corporation was formed in, so ... | ||
| Purchase Offer Agreeement | 8/6/2011 | Michael Brady |
| Q: In review of a current Purchase Offer, there is an item for asset allocation that basically states ... A: Brad: The custom may be different in Nevada, but in my experience the allocation of the purchase ... | ||
| salary deferral | 7/31/2011 | Michael Brady |
| Q: My sister agreed to defer substantial portion of her salary at a start up company. This went on ... A: Patricia: You should immediately contact a California attorney who focuses on employment law ... | ||
| breaking a contract agreement | 7/21/2011 | Michael Brady |
| Q: and thank you ahead for reviewing this. I intended to sell my car a few weeks ago. I found a buyer, ... A: Keith: I believe that reviewing the specific provisions of your contract is outside the scope of ... | ||
| LLC | 7/19/2011 | Michael Brady |
| Q: Michael, Thanks for taking my question. I am part of an LLC legally registered in the state of ... A: Harrison: I am not certain how Maryland would treat the non-payment of the renewal fee. Many states ... | ||
| enforcement of verbal contract in FL | 7/15/2011 | Michael Brady |
| Q: I was asked by a local high school dance team coach to be the assistant coach of their dance team ... A: Taylor: You should check Florida's statute of frauds, which will provide the types of contracts ... | ||
| Contract question | 7/6/2011 | Michael Brady |
| Q: I have a 4 year contract with a private hospital, in the past 6 months, the terms of the contract ... A: Tina: The answer to your question depends on the terms specified in the written contract. If the ... | ||
| Contract Withdrawal Provision | 6/28/2011 | Michael Brady |
| Q: I have a tuition contract for my daughter's private school that includes a withdrawal policy stating ... A: Denny: I would say that the clause is enforceable. If you signed the contract on July 1, you ... | ||
| Manager managed LLC in NV | 6/20/2011 | Michael Brady |
| Q: If the LLC members have an official meeting to appoint a manager does the paperwork appointing the ... A: Mark: I am not familiar with Nevada law, but I can tell you that New York (where I am admitted to ... | ||
| Sole Proprietor Question | 6/12/2011 | Michael Brady |
| Q: I am a sole proprietor. I sometimes hire sub-contractors/freelancers to work for me. Otherwise I am ... A: Kris: You don't state whether you operate your business in an entity, such as an LLC or an S ... | ||
| Partnerships | 6/10/2011 | Michael Brady |
| Q: My business partner is wanting leave the company,which is a LLC, but we our 50/50 patners. I would ... A: Eugene: You should consult with both an accountant and an attorney. Actually, you and your partner ... | ||
| LLC and the Practice of Law | 6/10/2011 | Michael Brady |
| Q: Can an LLC be involved in the practice of law? Another way of putting it, can a law firm be set up ... A: John: I am not a California attorney, so I can't say for certain whether CA permits law firms to be ... | ||
| LLCs, Corporations. Etc | 6/6/2011 | Michael Brady |
| Q: I understand that there are several types of business corporations which are designed to shield the ... A: Frank: As I said, you raise some good points. Realize that for the most part, an LLC or a ... | ||
| LLCs, Corporations. Etc | 6/4/2011 | Michael Brady |
| Q: I understand that there are several types of business corporations which are designed to shield the ... A: Frank: You raise some valid points. However, realize that corporations and limited liability ... | ||
| Small business conflict | 6/2/2011 | Michael Brady |
| Q: I own a Mexican restaurant in Los altos CA. How can I stop another Mexican restaurant from opening ... A: Jacob: First off, please realize that I am not familiar with California law, and there may even be ... | ||
| Law Corporate Question | 5/30/2011 | Michael Brady |
| Q: I have a question. I own 20% of a company and have a daughter, if something should happen to me ... A: Phillip: In order to ensure that your share of the company and your other assets are distributed in ... | ||
| Repair complaint | 5/17/2011 | Michael Brady |
| Q: My dad recently verbally entered into a contract to install a sun tunnel into a home owners home (in ... A: Sara: I'm not familiar with California law, so you should consider consulting with a California ... | ||
| JV agreement question | 5/1/2011 | Michael Brady |
| Q: I own a small business and will be out of commission for several months (medical reasons). I've been ... A: Aly: You should review with an employment/labor law attorney and your accountant whether your ... | ||
| Corp Naming | 4/27/2011 | Michael Brady |
| Q: Can you tell me if a corporation in one state can choose the same name as a corporation in another ... A: JB: Yes, it is possible to choose the same name that a different corporation has in another state, ... | ||
| 50-50 business dissolution | 4/19/2011 | Michael Brady |
| Q: My husband and his 50-50 partner are ending there business after 14 years due to slow work. However, ... A: Hope: Your husband should contact an attorney and review any agreements that may be in place ... | ||
| photographs and plagiarism | 4/15/2011 | Michael Brady |
| Q: As a freelance writer, can I use a photograph on the internet to submit an article about it to my ... A: Daniel: I'm not sure I understand your question. Is the intention that the photo will accompany ... | ||
| 50/50 llc partnership and partner is getting divorced | 4/5/2011 | Michael Brady |
| Q: My buddy and I started an llc partnership in IL a year ago for our website message boards. The ... A: Christian: Your friend must find a way to hire an attorney. He should contact the local bar ... | ||
Small Business/Contracts Law
Answers by Expert:
Michael Brady
Top Expert on this page
Expertise
Commercial contract matters
Experience
For over 16 years, I have practice law and have worked with both established, mature businesses, as well as start-up companies and aspiring entrepreneurs. Our work includes business formation, acquisitions, mergers and sales, partnership and shareholder agreements, transactional and employment contracts, real estate transactions, commercial litigation, bankrupcty, as well as business succession and estate planning.
Organizations
New York State Bar Association
Suffolk County Bar Association
Nassau County Bar Association
Publications
The Suffolk Lawyer
The Nassau Lawyer
Long Island Business News
Education/Credentials
Juris Doctorate from New York Law School
Bachelor of Arts in Political Science from Binghamton University
Awards and Honors
Treasurer for Suffolk Academy of Law 2008-2010
Award of Recognition--Suffolk County Bar Association 2006-2010
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