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350 legal questions have been posted about business law by real users in New York. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include business formation, business litigation, and business planning. All topics and other states can be accessed in the dropdowns below.
New York Business Questions & Legal Answers - Page 2
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Business Law
New York

Recent Legal Answers

my 50% partner wants to dissolution our business and I don't want to

Answered 6 years and 9 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
Under the Business Corporation Law, in response to a petition for dissolution you can demand a right to buy him out.
Under the Business Corporation Law, in response to a petition for dissolution you can demand a right to buy him out.

If I offer my neighbors weekly garbage disposal in exchange for a monthly fee will it become an issue with my complex management? No system currently.

Answered 6 years and 9 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
I see no issues.
I see no issues.

10 days notice issued, need additional time

Answered 6 years and 10 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
You will be able to adjourn the case once a petition is filed and make a settlement.  Do not ignore the petition.  You must answer to avoid default.
You will be able to adjourn the case once a petition is filed and make a settlement.  Do not ignore the petition.  You must answer to avoid... Read More

Can 2 co owners, force a co owner to leave a property, to rent it.

Answered 6 years and 10 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
It depends on how the property is titled, and if in the corporate name, what the corporate documents say a shareholder can do.  There are court actions that can be taken to force the result you want.
It depends on how the property is titled, and if in the corporate name, what the corporate documents say a shareholder can do.  There are court... Read More

Do I need to carry liability insurance if I sell furniture at an antique mall owned by another party?

Answered 7 years and a month ago by attorney Sharon M. Siegel   |   2 Answers   |  Legal Topics: Business
If you are a tenant with your own space that you are working out of, you may need insurance.  However, if you are in one of those co-ops where your stuff is in a section and someone works the whole place, the landlord's insurance is probably sufficient for liability, i.e someone falling in your space on your stuff.... Read More
If you are a tenant with your own space that you are working out of, you may need insurance.  However, if you are in one of those co-ops where... Read More

Can i use contractors in a dog walking business?

Answered 7 years and 2 months ago by attorney Sharon M. Siegel   |   2 Answers   |  Legal Topics: Business
The answer to the question you got is correct.  You should also have a contract which makes clear the status of independent contractor.
The answer to the question you got is correct.  You should also have a contract which makes clear the status of independent contractor.

it is legal to add my self to an exist corporation

Answered 7 years and 2 months ago by attorney Sharon M. Siegel   |   2 Answers   |  Legal Topics: Business
Yes, but not without doing due diligence to make sure the corporation is clear of claims and debts that you might be liable for if you join in it.
Yes, but not without doing due diligence to make sure the corporation is clear of claims and debts that you might be liable for if you join in... Read More

Will get into legal trouble if I promote my daycare with a name that's different from my registered LLC?

Answered 7 years and 3 months ago by attorney Sharon M. Siegel   |   2 Answers   |  Legal Topics: Business
Only if someone else has the name.  There are also requirements for disclosing your real name on signage, etc.
Only if someone else has the name.  There are also requirements for disclosing your real name on signage, etc.

I'm looking for a lawyer that can help us add and subtract partners and also advise if we should switch from an LLC to a corporation.

Answered 7 years and 4 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
I am not sure why you have an MD corporation, but you need to follow MD LLC law and have an MD lawyer.  Your only NY issue is to register as a foreign corporation doing business in NY, which I am sure you must have done already.
I am not sure why you have an MD corporation, but you need to follow MD LLC law and have an MD lawyer.  Your only NY issue is to register as a... Read More

I formed two companies, one in the state of wyoming and the other in the state of Nevada in 2014. Do I need to formed them again? How do I do this?

Answered 7 years and 4 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
These should be valid entities, but whether it is worth using them or not for the new purpose depends on what you are doing.
These should be valid entities, but whether it is worth using them or not for the new purpose depends on what you are doing.

What kind of attorney would handle someone entering into a partnership?

Answered 7 years and 7 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
A partnership and LLC are different structures.  An LLC is governed by an Operating Agreement, which you would have to sign.
A partnership and LLC are different structures.  An LLC is governed by an Operating Agreement, which you would have to sign.

How do I operate a judgment enforcement business in NYS as a corp instead of a sole prop?

Answered 7 years and 7 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
I am not sure what you are trying to do.  If you are buying judgments, you can assign any way you want.  If you are buying claims, then you cannot use assignments to circumvent rule on lawyer.
I am not sure what you are trying to do.  If you are buying judgments, you can assign any way you want.  If you are buying claims, then you... Read More

I am starting a sexual education business, using live models & educators. If I am showing genitalia, is it automatically considered pornography?

Answered 7 years and 8 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
If you are inviting the public, it is like a strip club.  If it is private, then it is not.
If you are inviting the public, it is like a strip club.  If it is private, then it is not.

What would I need to work a small dog walking business in NYC

Answered 7 years and 9 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
You do not need a license beyond a certificate of authority. You should incorporate.  Big issue is insurance.
You do not need a license beyond a certificate of authority. You should incorporate.  Big issue is insurance.

How do we do the paperwork for the EIN under both our names not just one name?

Answered 7 years and 10 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
The applicant is one person.  Ownership of the entity is on the tax return.
The applicant is one person.  Ownership of the entity is on the tax return.

Hi my worker left my company 1 minute to the other with out giving notice

Answered 8 years and a month ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
Unless required by contract, notice is a courtesy, but not a requirement.  You must pay for time worked, or it is illegal.
Unless required by contract, notice is a courtesy, but not a requirement.  You must pay for time worked, or it is illegal.

I want to start an LLC,,AND WANT LEGAL REPRESENTATION

Answered 8 years and a month ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
Forming a single member LLC is no problem.
Forming a single member LLC is no problem.

A labor lawsuit

Answered 8 years and a month ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
You are going to have to answer it or pay.
You are going to have to answer it or pay.

Was wondering what type of lawyer I would need to settle business dispute among partners?

Answered 8 years and 2 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
A commercial litigator like me.
A commercial litigator like me.

Transfer Ownership of LLC

Answered 8 years and 2 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
Transfer the membership certificates, and amend the operating agreement.  Really simple if you have the black book notebook you probably got when you formed the LLC.
Transfer the membership certificates, and amend the operating agreement.  Really simple if you have the black book notebook you probably got... Read More

I bought a small business for $15,000 in cash a couple days ago I want my money back I got scammed

Answered 8 years and 4 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
First, report this to the police.  It sounds like a crime.  Second, your chance of seeing this money is small.  Scammers know how to cover their tracks.  Who would you sue?  How would you collect?  Your best chance to collect is if you can find the scammer and have them arrested.... Read More
First, report this to the police.  It sounds like a crime.  Second, your chance of seeing this money is small.  Scammers know how to... Read More

Collections, Business Law question

Answered 8 years and 4 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
There is no tolling of collection activity, and unless the employer accepted the obligation for payment, you have no deal.
There is no tolling of collection activity, and unless the employer accepted the obligation for payment, you have no deal.

Hoe do I make a business lease legal? contract between both partys signed and notorized?

Answered 8 years and 5 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
New York has forms of leases for this type of deal.  Do not re-invent the wheel.
New York has forms of leases for this type of deal.  Do not re-invent the wheel.

sale destribution license liquor

Answered 8 years and 6 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
There are lawyers and expediters that specialize in this work.
There are lawyers and expediters that specialize in this work.

We ( a corporation ) lost a case in the NY Supreme Court and the Judge found us in contempt and ordered us to pay the legal fees of the plaintiff.

Answered 8 years and 6 months ago by attorney Sharon M. Siegel   |   1 Answer   |  Legal Topics: Business
What happened to you is not normal.  Contempt is rare.  Talk to your lawyer about why you were put in this position.  You are not going to get this reviewed or overturned.  Pay it.  If you want the law, hire a better lawyer.
What happened to you is not normal.  Contempt is rare.  Talk to your lawyer about why you were put in this position.  You are not... Read More
Business Law
New York

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