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Crucial Legal And Tax Issues, And.. Starting One Project, When Another Plunges

Mitchell

Level of Coral Feather
Joined
Sep 9, 2002
Messages
33,497
Points
48
Ross and Tim met with the two lawyers who would advise them about how to handle the legal situation with Tim's new company, in regard to the close in by both the creditors of the company's former owners, and the tax department.

The tax lawyer began by saying. "Gentlemen, my associate and me will deal with the issues that Tim's company is facing by both the tax department and the creditors. The real problem is not that the company has creditors, or tax issues. The problem is that this company has issues with both the tax department, and creditors. It is not as simple as "The company files for bankruptcy, and then the company is out of the creditors, or the creditors get pennies on the dollar, that would happen with a regular bankruptcy proceeding. The real problem is, how to deal with both the tax department and the creditors at the same time. Our job will be to talk to the tax department and keep them at bay, while suing the people that sold the company to Tim under basically false pretenses. We want the former owners to ante up the money to pay any of Tim's obligations to both the tax department, and the creditors, and to force them to pay not only the creditors and tax department, but also the legal fees. This will be a process as they like to say, and it might take a while" The lawyer said.

Ross and Tim nodded their heads.

The lawyer continued. "If anyone from either the tax department or any creditors contact you by phone, refer said person or people to us, and do not speak to anyone in any way. With you guys not being lawyers, you don't want to do anything to make the case worse. Simply say "Contact my attorney, give them the names and numbers, and hung up, or forward any legal correspondence you receive straight to us. That what you are hiring us for, to do all your work for you" The lawyer said.

"Okay" Tim said, quietly.

"My advice. I know that both of you run major companies. Go back to your offices, focus on your work, and we will talk about this. Our first two situations will be to look over the contract that Tim had with these people, and then to contact said people with a lawsuit via process server. Once we do that, they or their lawyers have 30 days to reply. If they do not reply, we take the case to court, and move ahead with suing. In the meantime, we tell the tax department just what you and Tim are telling us, that the former owners sold the company to Tim under false pretenses, and left the company with tax obligations that the former owners are now trying to make Tim be responsible for. I have every reason to believe that if and when the tax department hears this, they will either just hold their advancement, or perhaps even , review the case, and try to go after the former owners for the taxes while leaving Tim alone. That is the unknown" The lawyer said.

"Okay, thanks" Tim said.

"Okay, meeting adjourned. Just go about your day to day lives, and we will all keep in close touch" the lawyer said.

Tim and Ross got up from their chairs shook both of the lawyers hands, and headed downstairs in the elevator.

"Ross, as they said, we just have to focus on our major work in our day to day lives. Where do things stand with my work?" Tim asked.

"Almost done. It will be finished by Friday afternoon at latest. All monthly and otherwise campaigns done. " (This conversation between Ross and Tim was happening on a Wednesday.

"I'm assuming then that once my work is done, you will be on a plane to OKC ASAP?" Tim asked.

"At some point next week, yes. I dont know exactly when. I should go down there and talk to Mister P and Steve about things, but I'm very tired, and may just take a long weekend to rest. If I go, I will not be gone long., Between the regular work, this , and the shopping mall deal being dead, my thought is just to distract Steve , Mister P and myself with say, a fifteen person oil and gas deal to make some cash, while we figure out maybe the next real estate project if any. Maybe we need to just build a small cul de sac housing development, either do it ourselves with the money, or get a few investors, and make some solid cash, and then see. I have to think about it. Right now with this happening, my brain is in overload" Ross said.

"Ross, go home. You look exhausted ., I'm sure that when a teacher sees you, she will be very concerned" Tim said.

"She's already very concerned, and a bit pissed too. After I go back to the office, check some things, and then call Mister P, that is it for me for the day. " Ross said.

Ross rode back to the office in an Uber. ""Ross here for a few minutes. Picking up some things then out. Will be between home and here this week, then maybe have to go to OKC. Wont know that until I talk to Mister P . I will let everyone know" Ross said.

"Take care of yourself, Ross. The two problems at once could not have helped your frame of mind" Vic said.

"Thanks, Vic. Tim and me hired representatives to deal with the problem for his company. The other thing is probably just one conversation with Mister P, and then figuring out what to do next. I dealt with likely the most serious problem. The other one, is out of my control until I figure out what to do next" Ross said.

"Okay , good afternoon/night all. Will keep in touch to let everyone know my schedule" Ross said.

When Ross got home, Kayley was not home yet. He called Mister P.

"Ross, you know the problem. We need to see you ASAP, but know you have other work to do up there. How fast can you get down here?" Fritz asked.

"Realistically, let's say Sunday, then I have probably no timetable on how long I can stay. I want to spend at least part of the weekend with Kayley since she cant keep taking off to fly away on business trips with me. She has her own career that is very important to both her and me up here. I figure such is a compromise. I will be there anytime from Sunday noon into the afternoon, depending on situations, and plane flights" Ross said.

Kayley came home, and the couple kissed. "I dont have to ask you how your day was, because I can only imagine. So what is the lay of the land?" Kayley said.

"My day was actually not nearly as bad as it could have been. Tim and me met with two lawyers to discuss all the problems regarding Tim's company in regard to the tax department, and the former owners. The lawyers will look it all over, talk to the tax department and the former creditors, and we will see. I know that I have to focus on both us, and my regular work to keep my focus. Fritz needed me to come down there soon. I told him that I want to spend up until Sunday with you, finish with Tim's work, and then spend part or most of the weekend with you, and will leave Sunday afternoon. That seems like a fair compromise since I may be in OKC for several days, okay?" Ross said.

"Okay, for that, you get a smell of my feet, and a ladder show, but Marketing Boy, if you dare tickle me, all foot action for the rest of this week is OFF got it??" Kayley said strongly.

"Got it, teacher" Ross said, saluting Kayley, and kneeling down on the floor as Kayley sat on the bed, and removed her flats that had been in shoes all day with no stockings. Kayley's feet had an extremely strong smell, and Ross's dick was mega hard Ross almost felt like he was going to pass out.

Kayley then got the ladder out of the closet, positioned it against the wall, went to the highest step she could manage, and stood high on her toes. "I'm giving foot slave all the action he wants. When I come down from here, you had better give me some action. I know just how hard you probably are now, and it is making me all wet. "Kayley said.

Kayley came down,. threw Ross down on the bed, ripped off his clothes, and then hers, and climbed on top of his rock hard dick, licking his face with her tongue before even kissing him.

"Million dollar marketing boy is teacher;s slave. I love it. My insides are so wet, I feel like I am ready to explode., Kayley said, having an orgasm at her own talk, as Ross said nothing, and then exploded into Kayley himself.

The couple collapsed into each others arms.

"How about a short nap of an hour, we set the alarm, and then figure out dinner. We will see how tired both of us are. Between your day, my day, and what we just died, neither of us has any energy. " Kayley said.

"Please make it 90 minutes, and then we will see" Ross said.

Ross and Kayley fell into slumbers holding each other, exhausted.

Ross knew that he had to focus on Tim's regular work and not to obsess.

Yet, Ross's personality was that he often did obsess.

The regular work would be routine.

The OKC situation , had to be taken as it came.

By the weekend, Ross, Fritz and Steve would try to figure out what to do, and what would that be?

It would be seen.
 
It could have been a lot worse. Hopefully, those lawyers can be trusted.
 
Wow that comment was mega quick.

We will see if the lawyers can be trusted.

More to come soon , either tonight or definitely tomorrow, as after that, Mets V Braves are playing at Citi Field for three days , and I'm going to try to go to the doubleheader at Citi Field Tuesday, my health and energy level and weather permitting, and will be busy for several hours that day
 
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