Business Divorce colliding with Marital Divorce

Getting divorced when you own and run a business together with your soon-to-be-ex presents unique challenges.  If you don’t want to continue running the business with your spouse after divorce, you have a case of business divorce colliding with marital divorce. Business divorce is the separation of two or more business partners formerly bound together … Read More

llc ownership percentage

How to determine LLC Ownership Percentage and Why does it Matter?

How much of that LLC do you own, and why does it matter? How do you determine the ownership percentage interest in an LLC? Why does LLC Ownership Percentage matter? Your LLC ownership percentage gives you power over the LLC and its profits.  Either in deciding about important decisions via voting or getting a piece … Read More

Can my One New York Client sue me in New York?

Picture this: Your Ohio/California/Michigan business provides services to customers nationwide.  One day you have an interest from a New York caller.  There is email back and force, phone calls, and finally you send your service contract to the New Yorker who signs it and emails it back to you.  All the services you provide take … Read More

Evaluating Small Business Litigation

To Sue or Not to Sue – Evaluating Small Business Litigation

How do you evaluate small business litigation; whether to bring a lawsuit or not? Metaphysical Overview The small business owner considering litigation, or being sued, should at the outset take what I refer to as a “metaphysical” overview of the problem. The two constants of litigation are that it is time-consuming, expensive and the outcome … Read More

Business Partnerships Gone Bad

A business break-up can be as stressful and emotionally draining as the breakup of a marriage. And there is always a child involved….the business. So when your business partnership has gone bad, you really want to find out where you are standing and what rights you may have vis a vis the other business partners and the business.