Legal Question in Business Law in Nevada
I invested several thousand dollars "seed round" into a new and emerging company that held several patents as intellectual property. This investment was made a decade ago and the "company" since has a website and seems to be well into taking orders, manufacturing and sales. I cannot get any legitamate answers to my questions, and have recieved no return on my investment to date. I would like to sell my interests and need legal consultation and advice as to how to commence this proccess.
Ken
1 Answer from Attorneys
As a Franchise Attorney with securities experience, I can say the following. It will cost you more a a couple thousand to consult with a good securities attorney. And the most likely advice for an investment that took place 10 years ago: forget about it, take a loss for the investment on next year's tax return (or this year if you haven't filed yet, or want to file an amendment). Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Related Questions & Answers
-
If there are 10 people on a board and 9 of them vote "yes" on an issue but... Asked 4/14/11, 7:13 am in United States Nevada Business Law
-
If my business status was revoked and i opened a new entity will i need a new ein Asked 4/01/11, 1:44 pm in United States Nevada Business Law
-
If I wish to sell a Nevada Sole Proprietor Business which form would I use? Asked 2/17/11, 3:43 pm in United States Nevada Business Law
-
Is there a such thing as a VERBAL non-disclosure non-compete in nevada? Asked 2/10/11, 1:28 pm in United States Nevada Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
