Starting a business alone is a massive undertaking. Most people feel relieved if they can find a partner capable of assuming some of the responsibility that comes with starting a new business entity. Business partners share the risks and the rewards of their...
Where Business And Law Come Together
Year: 2023
3 actions that are warning signs of a shareholder freeze-out
Shareholders make significant financial investments in businesses and obtain certain rights and compensation in return. They generally have the right to continue exerting their authority and receive those benefits until they sell their shares in the organization or...
Critical issues to address in a partnership agreement
Entering a partnership can be exciting, as it involves combining shared visions and complementary skills to drive a business forward. But as with any relationship, it's crucial to set clear expectations and guidelines from the outset. This is where a well-drafted...
Severance pay disputes can lead to costly employment litigation
When companies hire new workers or promote existing employees, the process usually involves negotiating and signing an employment contract. That contract may address everything from how the employee behaves on social media to the compensation they will receive and the...
Choosing the right valuation method during an acquisition
Business acquisitions can make or break the organization that is acquiring another company. The process of purchasing an existing company is a lengthy one that carries a massive price tag. Small oversights and mistakes can lead to massive financial setbacks or...
2 types of reorganization often required following a merger
Turning two separate businesses into one cohesive organization can be quite a challenge for the executives and management teams involved. Following a merger, there will generally be major shifts in the resulting company. Companies must act quickly to ensure the...
Why the FTC blocked a recent pharmaceutical merger
Federal laws limit economic activity in cases where businesses might engage in unfair competition or endanger consumers. The creation of a monopoly, especially in the medical industry, is a potentially expensive and dangerous reality for those who make use of certain...
When should leadership create succession plans for a company?
Whether someone has just started a new business or has assumed an executive role at a company, they likely hope to continue working there and helping grow the organization for some time. Owners and executives may commit years or even decades of their lives to the...
3 risk factors executives may overlook before a merger
The prospect of a merger is an exciting one for executives who are facilitating a transaction. They will potentially see rapid expansion and will gain access to new talent and intellectual property. However, the enthusiasm about the prospective merger does have the...
Has a co-owner breached their duty of loyalty to your company?
When taking on a partner, an entrepreneur hopes to connect with financial resources or expertise that will make their organization more competitive. Having a partner can help to reduce the risk involved with a new business enterprise while also providing social...