The divorcing couple that owns a business together has to manage the family and business relationships simultaneously. That typically involves terminating their relationship as well. And if one of the parties owned the business before the marriage, such as a stake in a family business, it means dissecting the... read more
As we have discussed on a number of occasions, the ability to control imposes fiduciary duties of loyalty and care on whoever, or whatever, exercises that control. It is a fundamental principle of business law in many states, including New Jersey and New York, that one sees frequently in... read more
Jay McDaniel, Chair of the Business and Corporate Law Department and Amy Gould, a trust and estates partner, will speak at a program April 27, 2023 on Business Divorce presented by the New Jersey Institute for Continuing Legal Education (NJICLE) . Also speaking at “Happily Business Divorced 2023” are... read more
You started out as a solid team, investing the time, money and effort needed to build a thriving New Jersey business. But like many businesses, changing circumstances as time goes on can put your partnership in jeopardy. A partner may wish to leave the business for any one of... read more
“Breaking up is hard to do,” so sang Neil Sedaka in his hit song from 1960. Sure, it can be hard, but not always. Whether it’s a marriage or business relationship that’s on the rocks, breaking up can be made easier when there’s been some legal preparation and an... read more
What happens when your trusted attorney leaves the firm? It happens quite often, and is unfortunately out of your control. Luckily, there are steps you can take to protect your firm in the event an attorney leaves your firm. Read on to learn about attorney separation agreements, and the... read more
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