Posts Tagged ‘business divorce’
What Is a Florida Multi-Member LLC Operating Agreement?
A Florida multi-member LLC operating agreement is an important legal document that outlines the rules and regulations of a Limited Liability Company (LLC). This document serves to define the rights, responsibilities, and obligations of all members involved in the LLC, as well as set out how decisions are made and how profits or losses should…
Read MoreRights of Partners in a Business Divorce
Are you planning to separate from your business partner? If so, it’s crucial for you to understand your rights before you begin the process. The exact nature of your rights will depend on the structure of your business. However, they will typically include: The Right to Access Essential Company Information As a…
Read MoreIssues to Consider When Litigating a Business Divorce
When you start a business with another person, you hope it will thrive for many years to come. If it doesn’t, you will need to find a way to end your relationship. Most business attorneys will tell you the best way to separate from a business partner is through a process of negotiation and…
Read MoreResolving a Business Divorce
Are you ready to separate from your business partner? If so, it is essential for you to understand the three main routes you can take to resolve your business divorce. They are: Direct Negotiation Negotiating directly with your partner is undoubtedly the quickest, easiest, and most affordable way to resolve your business divorce. …
Read MoreIssues to Consider Before a Business Divorce
Nobody forms a business partnership with the expectation that it will all fall apart one day in the future. Nonetheless, these dissolutions (or divorces) happen regularly. They are usually caused by factors such as: Poor business decisions Personal disagreements Financial mismanagement Owner death or illness, or Government intervention If you are thinking about…
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