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  • I am a business lawyer in New York City. My passion lies in exploring legal and non-legal aspects of the growing online business and social world. E-mail me: iblog(at)ratschko(dot)com.

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Buying out a Business Partner

Wesley Deaton, a North Carolina Business Lawyer, wrote two good posts on his Business Law Blog on buying out a business partner.  He recommends the following:

1. Get mutual releases

2. Get a release of company liabilities

3. Put the proper corporate filings into place

4. Plan ahead for a possible buy-out

Read:  Buying out a Business Partner, Part 1

             Buying out a Business Partner, Part 2

**This post is for informational purposes only and does not constitute legal advice**

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  • I publish this small business law blog to educate small businesses and their owners about relevant New York law. I am not conveying any legal, accounting, tax, or other professional advice and your use of this small business law blog does not create an attorney-client relationship between you and me. THE CONTENT OF THIS BLOG SHOULD NOT BE RELIED UPON OR USED AS A SUBSTITUTE FOR PERSONAL CONSULTATION WITH A LICENSED SMALL BUSINESS ATTORNEY. THIS MAY BE ATTORNEY ADVERTISING.