Looking for advice on a legal issue. Here's what happened.
converting LLC to C-Corp for funding. I've been dealing with this for about 14 months now and the situation isn't improving.
I have already consulted briefly with a lawyer but the other party is not cooperating.
Do I have a strong case? What should my next steps be?
I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.
I've handled similar cases. Here's my take on the legal issues.
The key question is whether the applicable statute of limitations has run. Depending on your jurisdiction, you typically have the relevant statute years for this type of claim.
One important thing — there are strict deadlines for filing these claims. Don't wait too long.
Been there. Here's what I learned.
I ended up hiring an attorney to send the initial letter, which cost about $2-4 but saved me a lot more in the long run.
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