When business partners face insurmountable differences, it may be necessary to end their relationship via a “business divorce.” This process often involves complex financial issues, operational disagreements and strained relationships. Many owners want a process that...
Business Law Professionals
Complex Business Litigation
3 Business disputes that often lead to lawsuits
Running a business in New Jersey often means working closely with others. These relationships usually run smoothly. There may be disagreements, but they are typically small and fade after a short discussion. However, some problems keep recurring. When owners ignore...
How to value goodwill during separation?
When a business partnership ends, there's more at stake than just physical assets. One major point of tension is the value of goodwill. This intangible asset can carry a lot of weight, especially if your company has a strong reputation, loyal customers, or...
Dealing with financial mismanagement in a partnership
Financial mismanagement can pose a serious threat to the stability and success of any partnership. When it occurs, swift and strategic action is required to safeguard the business's assets and future. Understanding the steps to address financial mismanagement is...
Should I create an LLC or a Corporation?
When deciding what business structure is best for your new business, liability is one of the most important aspects in making that decision. After making the decision to start your business, you should keep in mind that legal liability is when a person or company is...
Why do business partnerships fail?
The beginning of a business partnership is often an exciting time, full of high hopes, fresh ideas, and, most importantly, good will. Why do business partners so often look back on this period and wonder where it all went wrong? By understanding the key causes of...
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