4 ms·
It appears your past experience with them has not gone so well, but you need to meet with an attorney immediately. If you do not know someone contact the CA Ba
by will_brown 14y ago
It appears your past experience with them has not gone so well, but you need to meet with an attorney immediately. If you do not know someone contact the CA Bar and they can refer you to a local attorney.
>the attorney's firm has a negligible amount of equity in the company. Nobody other than the founders has any equity,
Just before saying only the founders own the company, you say the attorney's firm has some ownership in the company, so it is a little confusing, but, these are major issues to discuss with an attorney:
1. Did this attorney an/or his firm take ownership in your company? Did the attorney/Firm pay or exchange their legal services for this ownership? Did they take ownership and charge the company for their services?
2. Is the attorney seeking payment from you, personally, or the business only? Did the attorney represent you the business or both?
3. As for the comments suggesting you simply dissolve the Company, you definitely should NOT do this before talking to an attorney. For example, the articles of incorporation and by-laws generally require a meeting and approval of all owners, which in this case appears to include a law firm seeking payments either from the company or you personally.