Court-Appointed Receivership: Is it Better Than Bankruptcy?

If you’re facing bankruptcy for your financially distressed business, receivership may be a better option for you. A receivership is designed to protect a lender’s assets for an interim period, such as during a pending foreclosure or other litigation involving the business.     Today, we will cover court-appointed receiverships, and why they may be favorable to…

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The Process of Expelling a “Bad LLC Member” in Florida

Multi-member LLCs always have to grapple with the issue of dealing with an unruly, unlawful or otherwise dysfunctional partner. Unfortunately, LLC members sometimes fail to address the procedure for removing or expelling an unruly LLC member in their operating agreement. That being said, although establishing a removal procedure through an operating statement is ideal, LLC…

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Frazer Firm Featured in Abacoa and Alton Magazine

We are pleased to announce that Kent Frazer & The Frazer Firm are highlighted in the January 2022 issue of Abacoa and Alton Neighbors Magazine.   You can read our full feature here: Abacoa and Alton January 2022   Our business is protecting yours. Reach out to our experienced business litigation attorneys at The Frazer…

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Selling the Company: Stock Sale or Asset Sale

Asset or Stock Sale Experienced Business Attorney Explains

If you are considering a sale of your business, there are two common types of sales that you will likely have to choose from: selling the stock of the company or selling the company’s assets.     Weighing out the pros and cons is important, as each varies widely with how you will be taxed and how…

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