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Is it reasonable and/or common at a TRO...

Resolved • Response time 5 minutes

22 Jan 2022

Is it reasonable and/or common at a TRO hearing where the controversy exists between partners of an LLC, to request that all proceedings go through one bank account and only have a disinterested CPA to distribute funds after paying the bills?This would be in avoidance of a race to who gets to the money first at each deposit or sign of a deposit.
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22 Jan 2022

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Lawyer's response
22 Jan 2022
Ray
Ray
Lawyer

Hello! Thanks for using JustAnswer. My name is ***** ***** I am an attorney for more than 35 years ready to answer your questions with top-quality service. Just a few quick notes before we get started:

I’m sorry to hear you are having these problems with your legal issue. I know that can be frustrating. But we can get this resolved quickly;

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Is it reasonable and/or common at a TRO hearing where the controversy exists between partners of an LLC, to request that all proceedings go through one bank account and only have a disinterested CPA to distribute funds after paying the bills?

22 Jan 2022
Lawyer's response
22 Jan 2022
Ray
Ray
Lawyer

It would be reasonable here, to try to keep management of the money in a dispute between partners to have such an arrangement to have CPA distribute funds. As long as the CPA is capable of managing the funds on a daily basis it is possible to have the CPS do so. It really comes down to whether the CPA is able to do so and how many financial transactions are made daily. Certainly it is possible to ask for such as part of a TRO. The judge has to decide here if it works logistically for the LLC and what back up there is( COVID concerns ).

Does that clarify your situation , thanks?

22 Jan 2022
Customer reply
22 Jan 2022
Thank you
22 Jan 2022
Lawyer's response
22 Jan 2022
Ray
Ray
Lawyer

Thank you for trusting JustAnswer with your question. If you have any additional concerns, or need me to clarify anything, please let me know. I am happy to help. My name is ***** ***** this site.. Once you log back in, you can go to the “My Questions” page, and you’ll see our conversation. There, you will have a chance to “Request Rayanswers”. Type in your question, and it comes to me. There are just a few other things I’d like you to know before we wrap up: and save me as a favorite if you would like. Tips are never required, but always appreciated! Tell your friends about justanswer.

God bless and the best.

22 Jan 2022
Lawyer's response
22 Jan 2022
Ray
Ray

Bye for now.

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Ray
Ray
Lawyer
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30 years in civil, probate, real estate, elder law
22 Jan 2022
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