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Lessons in Handling a Partnership Dispute or Other Business Divorce

Lessons in Handling a Partnership Dispute or Other Business Divorce

Jun 20, 2022 | Business Owner Rights

Since handling a partnership dispute is complicated, I’ve written before on a number of important topics. For example, having a strong operating agreement for a limited liability company. Similarly, having a strong partnership agreement. In these agreements, you must...
Critical Role of the Buy-Sell Agreement in Shareholder Disputes

Critical Role of the Buy-Sell Agreement in Shareholder Disputes

Jun 6, 2022 | Business Owner Rights

I have handled partnership and shareholder cases for several decades. In this time, the vast majority of disputes center on the transition of ownership upon death, disability or termination of employment. In approximately half the cases, there are buy-sell agreements...
A Recipe for Disaster – Giving Your Attorney an Ownership Interest

A Recipe for Disaster – Giving Your Attorney an Ownership Interest

May 23, 2022 | Business Owner Rights

Over the years, I’ve written extensively on the problems that can arise when an entity is formed with the attorney for the group also participating in the venture as a partner, co-shareholder or co-member with ownership interest.  A new decision from the Disciplinary...
Will You Actually Be Paid On Your LLC or Partnership Buyout?

Will You Actually Be Paid On Your LLC or Partnership Buyout?

May 9, 2022 | Business Owner Rights

Negotiating a buyout of your member interest in a LLC, partnership, or closely-held corporation is an art. As such, you should insist on certain requirements if you will be receiving your money in installments. On paper, you could be receiving a substantial amount of...
“Notice and Cure”: Two Critical Words in Partnership and LLC Disputes

“Notice and Cure”: Two Critical Words in Partnership and LLC Disputes

Apr 25, 2022 | Business Owner Rights

It is often the case that shareholder agreements, partnership agreements, or limited liability company operating agreements contain express provisions which require an aggrieved party to give the other side written notice of disputes and an opportunity for the other...
Achieve a Quick and Painless Resolution to Your Shareholder or Partnership Dispute

Achieve a Quick and Painless Resolution to Your Shareholder or Partnership Dispute

Apr 11, 2022 | Business Owner Rights

I hear many horror stories about a shareholder or partnership dispute that went on for years before reaching a resolution. I always tell people that most disputes can (and should) be brought to a quick and efficient resolution. Peckar & Abramson, P.C. brings a...
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