Small Business Lawyers

Yes. If you are having an event, every participant needs a liability waiver. This is especially important if the event includes activities that may result in someone getting hurt. Additionally, it provides you with an opportunity to disclose the possible hazards and an opportunity for the participant to make an informed decision regarding whether to attend and participate. Finally, even if you have a waiver, you will also want to supplement the waiver with insurance that will cover your event.

The short answer is: it depends. The (properly drafted) document itself should discuss a dissolution of the agreement. Absent specific terms in the agreement, state contract and/or business law would control how to disolve the agreement and your partnership. We highly recommend you consult with an expereienced business or contracts attorney that can help the parties resolve their differences: beit working to reestablish or amicably disolve the relationship. Good luck.

The answer to your question depends on a variety of factors, the number of partners, the amount of money involved, the underlying business, e.g., is intellectual property involved, or is it restaurant, and the combines risks associated with the business. At a minimum, you need to detail: who owns how much of the company (50/50; 30/70); how much capital is going to be invested by each party and when that money is to be invested; how is that money to be spent and who can spend that money (and what are the limits); what decisions can be made and who has to approve them (vote or unilateral decisions); who is going to manage the day-to-day operations; what are the requirements for adding capital (and where it comes from) ... and how (or when) to withdrawal capital; how are partners added (or withdrawal voluntarily or forcibly); and, much much more. However, many times forming a small company is a very simple affair, but can be complicated. We highly recommend you speak with an attorney that specializes in small businesses. A good attorney will be able to help you with formation, but also be your (non-owner) partner, "outside general counsel," and faciliator of contacts to help you grow your business. Good luck!

Hello! My name is Damien Bosco, Esq. My law office is located in Long Island City across from Manhattan. If the operating agreement is silent on amendments, the default rule under New York's Limited Liability Company Law (LLCL) would apply. According to Section 402 with exceptions in Section 417 of the LLC Law, the operating agreement can generally be amended by a majority vote of the members, unless the agreement specifically requires unanimous consent for amendments. However, certain provisions require the consent of a member adversely affected by the amendment.: A) the obligations of any member to make contributions, (B) the allocation for tax purposes of any items of income, gain, loss, deduction, or credit, (C) the manner of computing the distributions of any member or (D) the compromise of an obligation of a member to contribute is contained in the articles of organization. If there are to be amendments without unanimous consent, it is better to have an attorney supervise the amendment process on behave of the LLC to make sure the amendment process is following NY law.

A Certificate of Organization as your LLC's birth certificate in Texas. When you file Form 205, you're officially creating your business and getting all the legal protections that come with it. You'll need to include some basic info: - your company name (with "LLC" in it), - who'll receive any legal papers (that's your registered agent), - where you're located, and - how the company will be managed. You must send the $300 filing fee to the Texas Secretary of State with Form 205. Just remember—without this certificate, your business isn't officially recognized. That means you could be personally liable for any business debts or legal issues, and you'll have trouble with basic things like opening a bank account.