Options for Legal Obstacles
Citizens can remove some legal obstacles. They can ask the legislature to
change the laws. In some cases citizens can sue the government in state or
federal court. TBADK is ready to assist clients who desire to pursue such
litigation or political action.
Introduction
At TBADK we maintain the position that the Law is confusing and contradictory,
but could be devastating to those ignorant of it. In the legal evaluation,
TBADK evaluates your business on how up to 100 areas of Law might effect your
vulnerability to adverse legal action. We also look for areas that have little
legal risk that might be opportunities for extra profit.
Agency
- What authority have you given your employees?
- Can your employees assume greater authority?
- What unauthorized activities or your employees could you be
responsible for?
- What are your duties as a principle?
- What are your employee's duties as an agent?
- How can you avoid liability for your employee's wrong doings?
- And other issues . . .
Obligations of a Corporation
- Formation
- Losing limited liability
- Risk of being a promoter.
- Duties of Directors
- Importance of directors meetings
- Problems if the board does not fulfilling obligations
- Protection of shareholders
- Can minority stock holders lose benefits?
- Distributions of dividends
- Importance of shareholders meetings
- Duties of officers
- Dissolution and liquidation
- Effect of bankruptcy
- Effect of death
- Effect of divorce
- Selling a business
- Raising money for a business
- Limited liability companies
- Professional Corporations
- And other issues . . .
Family Law
- How does the legal status of marital property could affect your
business?
- How would unpaid child support could affect your business?
- How would a divorce affect your business?
- And other issues . . .
Partnership
- Formation
- Liability for Partner's wrongdoings
- Dissociation and dissolution of a Partnership
- Distribution of assets
- Limited Liability Partnerships
- Limited Partnerships
- Effect of bankruptcy
- Effect of death
- Effect of divorce
- And other issues . . .
Secured Transactions
- Can you collect if those who owe you money do not pay you?
- Can you collect if those who owe you money declare bankruptcy?
- Can others collect from you if you do not pay?
- Can others collect from you if you declare bankruptcy?
- And other issues . . .
Trusts
- What are the different kinds of trusts?
- How could a trust protect you from law suits?
- How could a trust protect you from debt?
- How could a trust protect you from bad deeds of others?
- How could a trust protect you from your own bad deeds?
- What are the drawbacks of trusts?
- And other issues . . .
Wills
- What happens if your die and you do not have a will?
- What happens to your business if you die?
- How can a will direct your assets?
- What relationships can there be between a will and a trust?
- And other issues . . .
Contracts
- Are all your contracts enforceable?
- What would happen if you broke a contract?
- What would happen if the other party broke a contract?
- And other issues . . .
Torts (Could you be sued?)
- Is your place of business legally hazardous to your clients?
- Do you have adequate policies to keep your facilities clean and safe?
- Do you have an adequate training program to prevent your employees from
harming a customer who is hurt?
- And other issues . . .
Property
- What is the benefit of buying or leasing?
- What rights do you have under a lease?
- What obligations does your landlord have to you the renter?
- What if you break your lease?
- And other issues . . .
Bankruptcy
- The effect on your business and life if you declared bankruptcy.
- The situations wherein you should declare bankruptcy.
- Debts that can and cannot be dissolved in bankruptcy.
- The different kinds of bankruptcy and how each would benefit your
situation.
- The effect on your business if others declare bankruptcy.
- And other issues . . .