Mississippi Business Legal Questions

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12 legal questions have been posted about business law by real users in Mississippi. 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.
Mississippi Business Questions & Legal Answers
Do you have any Mississippi Business questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 12 previously answered Mississippi Business questions.

Recent Legal Answers

Can an investor close down a business he does not own

Answered 2 years and 4 months ago by Andrew M. Jaffe (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
The investor's rights are going to be defined by your contracts for his investment (even an email thread could be a contract.) If you do not have a contract, look up the business laws in your state to see what the law says about an investor's rights.  I doubt he can dip into your bank accounts or close down the business.  ... Read More
The investor's rights are going to be defined by your contracts for his investment (even an email thread could be a contract.) If you do not have a... Read More
I don't think it is worth hiring an attorney over $400, but if you are a corporation or other business entity you may have no choice.  Corporations, llc's, and some others are legal entities which can only be represented by attorneys.  Individuals can represent themselves, but not anyone or anything else.  However, in some small claims courts, a shareholder is allowed to represent his corporation.  I do not know if the small claims court in your jurisdiction is one of these.... Read More
I don't think it is worth hiring an attorney over $400, but if you are a corporation or other business entity you may have no choice. ... Read More

Is an LLC really worth forming for a single owner?

Answered 11 years and 9 months ago by attorney Bruce Robins   |   1 Answer   |  Legal Topics: Business
I'm not sure what you mean by "liability protection passes through the corporate veil if an owner made the mistake", but if I understand you correctly, it depends on what kind of mistake you mean.  Individuals are personally liable for their torts (negligence, malpractice, fraud, libel, etc.), so that if you slander someone, you will be personally liable regardless of whether  you did it in the course and scope of your duties as an employee of the llc.  Individuals, however, are not personally liable for the contractual obligations of the entities they own.  For example, if you form an llc and operate it properly (observe the distinction between the corporation or llc and yourself, individually, for example don't commingle funds), you would not be personally liable on the llc's lease, a purchase order for equipment, or any other contract of the llc (unless you personally guarantee it.)  If you've got a lot of personal assets to protect, it makes sense to form an llc or corporation for the extra protection it gives you.  The expenses for doing so should not be that large.  ... Read More
I'm not sure what you mean by "liability protection passes through the corporate veil if an owner made the mistake", but if I understand you... Read More
Whether one is bound by a contract generally depends on an objective determination of whether that party intended to be bound. Normally the affixation of one's signature is fairly conclusive evidence of intention to be bound. Contracts are not required to be dated to be binding, even if they include a place for insertion of the date.... Read More
Whether one is bound by a contract generally depends on an objective determination of whether that party intended to be bound. Normally the... Read More
An employer's-side employment-law attorney in MS might charge $250-$500 per hour for defense of such a matter. Generally, the employee's attorney handles such matters on a contingent-fee basis (e.g., one-third or so of the recovery).
An employer's-side employment-law attorney in MS might charge $250-$500 per hour for defense of such a matter. Generally, the employee's attorney... Read More

How do I retrieve my boat from a business that closed.

Answered 13 years and 6 months ago by attorney Hilary B. Miller   |   1 Answer   |  Legal Topics: Business
If you are the lawful owner of the boat and you can repossess it without breaching the peace, just pick it up and take it home.
If you are the lawful owner of the boat and you can repossess it without breaching the peace, just pick it up and take it home.
Probably not, since these are proprietary indicia (i.e., trademarks) of the Saints.
Probably not, since these are proprietary indicia (i.e., trademarks) of the Saints.

Can one stock owner demand payment from shareholder?

Answered 13 years and 9 months ago by attorney Hilary B. Miller   |   1 Answer   |  Legal Topics: Business
As a general matter, in the absence of a stockholders' agreement or similar arrangement, a stockholder has no right to demand that another stockholder purchase his shares.
As a general matter, in the absence of a stockholders' agreement or similar arrangement, a stockholder has no right to demand that another... Read More
Your choices may be limited, and whether and to what extent you can sue them in MS depends on facts that you do not provide. If they cannot be sued in MS, which is likely, you will need to sue them in RI. That may entail hiring an attorney and, depending on the amount in controversy, be impractical. The customary first step in collections is to send a demand letter. The letter should state, for example, that unless payment is received within ten days, legal proceedings will be commenced to collect the amount due. Send the letter by certified mail. Good luck.... Read More
Your choices may be limited, and whether and to what extent you can sue them in MS depends on facts that you do not provide. If they cannot be sued... Read More
As a general matter, you cannot sue unless you have sustained a legally recognized injury. If you have been injured in the course of your employment, you may be entitled to a recovery under workers' compensation or otherwise. If you have not suffered an actual injury, you will generally be unable to collect anything.... Read More
As a general matter, you cannot sue unless you have sustained a legally recognized injury. If you have been injured in the course of your employment,... Read More
In early 2012, your employer must deliver to you a Form W-2 (which is also filed with the IRS) showing your gross pay, federal and state tax withholdings for the full year.
In early 2012, your employer must deliver to you a Form W-2 (which is also filed with the IRS) showing your gross pay, federal and state tax... Read More

i called work and told them that I couldn''t come in because I was feeling light headed and dizzy and was going to the E.R.

Answered 14 years and 4 months ago by Mr. Richard Alan Alsobrook (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Business
You may have a case against your employer, depending on the facts, if your employer made your injury worse or delaying going to the hospital caused your injuries to worsen.  You should contact a personal injury lawyer to determine whether you have a suit worth pursuing. For more information visit my website at www.alsobrooklaw.com. This is not intended to be legal advice, and is general in its nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.  ... Read More
You may have a case against your employer, depending on the facts, if your employer made your injury worse or delaying going to the hospital caused... Read More