That, essentially, was the argument made in two recently decided cases involving claims for judicial dissolution. In one, an LLC member with bad credit assigned her 50% interest to the other 50% ...

The owners’ agreement is the backbone of the closely-held business. In intracompany LLC disputes, few things are more important than what the operating agreement has to say on the subject. As a ...

The general partnership is one of the oldest forms of business. It is an unincorporated business that generally arises by default whenever two or more people engage in a business for profit. A ...

When you enter a business partnership, it’s easy to get swept up in the possibilities of your new venture and not think about what happens if things don’t work out. Even well-run partnerships can ...

When you enter a business partnership, it’s easy to get swept up in the possibilities of your new venture and overlook the chance that the partnership may not work out. Establishing a business ...