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…

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Rights 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…

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Issues 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…

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Resolving 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. …

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Issues 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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