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Minority Shareholders and Their Rights

Minority Shareholders and Their Rights

Posted July 17, 2020 in Partnership Disputes

Unlike a publicly held corporation, closely held corporations provide unique opportunities for majority shareholders to oppress minority shareholders. This is true because the controlling majority can often dictate how the corporation is to be run. Further, there is often not a fair market where the minority can sell their shares as they are not publicly-traded. […]

Noncompete Agreements in Partnerships

Noncompete Agreements in Partnerships

Posted June 15, 2020 in Partnership Disputes

You have decided to leave a business partnership to start your own business. You and your business partner are parties to a noncompete agreement. That agreement prohibits the ability of one partner to compete against the business upon that partner’s exit from the partnership. Therefore, you want to know what you can and cannot do […]

Business Partner – Don’t be Penny Wise and a Pound Foolish

Business Partner – Don’t be Penny Wise and a Pound Foolish

Posted June 10, 2020 in Partnership Disputes

You and a business partner have a great business plan. You enter into a verbal or written agreement as to how you both plan to conduct and operate your business. 50-50 right? At least that’s what you thought. Too often individuals starting a business relationship with a trusted partner or friend fail to engage attorneys […]

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