Daniel Lopez

Empire Business Law is the law firm business owners and executive leaders turn to for professional legal advice and business services. We provide legal services to opportunity driven latino business owners, executives, and entrepreneurs. We guarantee thoughtful, strategic, value driven legal representation to all of our clients.

Brindamos servicios legales a propietarios de negocios latinos impulsados por oportunidades, ejecutivos y emprendedores.

• Free Consultation
  We offer a Free-30 minute Consultation. The Consultation is used to see whether our potential clients and our law firm is a good fit for each other. If for some reason are law firm isn't the best fit for you, we are more than happy to connect you to the right resources.
• Credit Cards Accepted

California

State Bar of California

ID Number: 328608

Since 2019

New Jersey

New Jersey Courts

ID Number: 365942021

Since 2021

Founder/Attorney

Empire Business Law

2020 - Current

University of La Verne College of Law

J.D. | Business Associations and Trademark Law

2016 - 2019

Rutgers University - Newark

B.S. (2015) | Criminal Justice

2011 - 2015

Honors: Student Athlete National Scholar

Activities: Baseball

Q. Selling a real estate LLC. Is seller indemnified personally?

August 11, 2023

A: If the LLC in its entirety is being sold typically the liabilities are transferred with it. However, in most (99.9%) of purchase agreements there are clauses that make the seller liable for any actions up to the date of closing. This means that if the buyer gets sued for something that happened before closing, the seller will potentially be personally liable. Because this sale is for the LLC in its entirety, it will be really important to make clear whether or not the seller will be indemnified on a law suit.

short answer: Make sure it's addressed in the purchase agreement.