Large Firm Quality, Small Firm Atmosphere

August 30, 2019

Internal Disputes: Dealing with Disagreements Among Shareholders or Members

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When a business has multiple owners, there is a persistent risk for internal disputes. Whether co-owners disagree over financial matters or the company’s trajectory, disputes aren’t necessarily a bad thing—they can often generate strategic and innovative ideas that no one owner would have had on his or her own. But animosity can lead to contentiousness, and contentiousness can lead to disruption. When a dispute is headed in the wrong direction, owners must take appropriate action to protect the company and themselves. Read More

Categories: Business Law

August 16, 2019

7 Key Provisions in LLC Operating Agreements

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While choosing the right entity structure requires a thorough assessment of various legal, financial and practical considerations, the limited liability company (LLC) is a popular choice for companies of all sizes and in a broad range of industries. Forming an LLC requires two primary documents: (i) Articles of Organization, and (ii) an Operating Agreement. Read More

Categories: Business Law