Legal Question in Business Law in New York
If five(5) partners wish to form an LLC, do all five (5) have to approve the transaction?
3 Answers from Attorneys
If five partners wish to form an LLC, why would they not want to approve the transaction?
I assume that you mean to approve the formation of the LLC. If that is the case, then the answer is yes.
Mike.
It depends to what transaction you are specifically referring to.
We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.
Law Offices of
STEVEN J. CZIK, P.C.
101 Avenue of the Americas, 15th Floor
New York, New York 10013
212.413.4462
The information provided by The Law Offices of Steven J. Czik, P.C. (LOSJC) is for general educational purposes only. There is no attorney-client relationship established by this communication and no privilege attaches to such communication. LOSJC is not taking and will not take any action on your behalf and will not be considered your attorney until both you and LOSJC have signed a written retainer agreement. There are strict deadlines, called statutes of limitation, within which claims or lawsuits must be filed. Therefore, if you desire the services of an attorney and decide not to retain LOSJC on terms acceptable to LOSJC, you are advised to immediately seek the services of another attorney.
Related Questions & Answers
-
Hi, I recently sign up my daughter to a pre-kindergarten school. I agreed upon... Asked 4/12/10, 7:46 am in United States New York Business Law
-
Business inventory these are individual business's and i want to close out my... Asked 4/03/10, 4:52 pm in United States New York Business Law
-
If I create an internet business which features video interviews I've had with... Asked 3/31/10, 10:19 am in United States New York Business Law