How to Handle Company Contracts during the Sale of the Business

I have a contract with my previous company that states when the company sells, someday, I get 5% of the sale price. They are now selling off a piece of the company (not a separate company, just a d.b.a. division) for $100,000. Am I entitled to $5,000 or can they just keep selling off pieces without giving me anything?

Can I Assume Ownership of a Start-Up Business if my Only Other Shareholder Abandoned the Company?

Four months prior to the end of the lease, share holder #1 abandons the business, leaving no forwarding address or phone number, forcing the share holder #2 to assume the responsibility for the rent, utilities and other ancillary expenditures. He moves out of the office, turns the key over to the landlord and puts all the assets in an off-site storage facility. Three months go by with no correspondence from share holder #1. Share holder #2 continues to pay the rent until the office is rented one month prior to the lend of the lease by a new tenant. Under those circumstances, can share holder #2 legally assume ownership of the assets that are still housed in the storage?

Do I have Any Recourse if a Company Suddenly Refuses my Business Causing me to Refund Thousands of Dollars?

I have a business where I provide passenger gifts for people who are going on cruise ships. Today one of the cruiselines decided to not allow any of our gift packages on board that contain alcohol. They have accepted our gifts for 17 years & accept a $5 per item receiving fee. At no point prior have they refused any gift & have cashed our checks for the fees. This action will put us out of business, I have already had to refund thousands of dollars to customers & have thousands more that will need to be refunded. Is this legal? Do I have any recourse?

I Received a Large Sales Tax for Buying Out of State Cigarettes on the Internet, What Do I Do?

I recently purchased cigarettes over the internet. Toady I have received a bill from the New Jersey Division Of Taxation stating that I owe $3410.00. Am I liable for this. Is this not a privacy issue, especially if these records were supeoned by the state? They want the money in 30 days or they are threating a judgement. What are my options?

What is the Sarbanes-Oaxley (SOX) Actof 2002? And Does it Protect Shareholders of Privately held Companies?

Does the Sarbanes-Oaxley Act of 2002 have any protections for shareholders of companies that are privately held? Or, have there been any extensions of the SOA of 2002 or related rulings that protect shareholders of private companies?

Should I Be Paid for Additional Consulting Time Incurred for My Client Through No Fault of My Own?

I was contracted to perform 1 day of classroom training on systems and equipment which never arrived while I was at the training site. Now they have arrived and the client expects me to return to the training site for free. Shouldn’t I get paid?

Who Owns a Custom-Ordered Car if the Customer Pre-Pays and Then Refuses Delivery?

We have a customer that wanted a car we located at another dealership. I told the customer the dealership didn’t want the car and that he would have to pay for it in advance. He paid for the car. Now he says that he doesn’t want it.

Is a Job as a Monetary Assistant for a Foreign Company Legitimate?

The job of “monetary assistant” where you let a foreign company run money through your account has serious legal and tax fraud implications.

When I Buy Something from My Employer, Can They Treat Me Differently from Other, Non-Employee Customers?

An employer may treat an employee who is also a customer differently from other customers who are not employees.

When Signing a Franchise Contract, Do I Sign My Company’s Name or My Own Name?

When signing a contract with your business name, most contracts have a blank for your business name, with a signature line underneath for your own name.

Invasion of Privacy Laws Require Amateur Photographer to Get Model’s Release

Invasion of privacy laws require that before selling a photograph or video of someone, an amateur photographer (as well as a professional photographer) must have the permission of their subject.

Damage to Car at the Car Wash - Can Carwash Be Held Liable?

Whether a carwash can be held liable for damage done to a car at the carwash will depend on many factors.

Opening a Liquor Store - Who is Responsible for Zoning Issues?

When opening a liquor store, the prospective liquor store owner should check to make sure that the location that they have chosen is zoned for selling liquor.

Are General Contractors Acting Agents for Job Site?

Can general contractors be construed to be acting agents for the companies or individuals for whom they perform work? The answer will depend in part on the facts of the situation.

When Opening a Liquor Store, Are Zoning Legal Issues Attorney’s Responsibility?

Just before opening a liquor store, it was discovered that there were zoning legal issues. Whether their attorney was responsible will depend in part on whether they were hired as a business set-up and zoning attorney, or something else.

Disc Jockey Job Leads to Breach of Contract Threat

A disc jockey job in 2003 is now leading to a threat of action for breach of contract over an event scheduled in 2006.

Absolutely Free Porn Site Probably Legal

The owner of an absolutely free porn site headquartered in Britain, using a server in the United States, wonders if it is legal.