And Civil Lawyers Serving Upstate New York
Starting a business with a friend can feel exciting. You share goals, combine strengths and look forward to growth. Yet, not every partnership lasts. Disagreements over money, roles or vision can create tension that affects the relationship and the business. You...
Executives and other high-ranking business professionals often have numerous obligations when they accept new positions. In some cases, employers require that executives and managers create succession plans within a certain time frame after starting their job. A...
Maybe you were fresh out of college and bursting with ideas on how to launch a business with your frat brother. Things went well, you made decent money, but now something unexpected happened. Your business partner and his wife are getting divorced. How will the...
People starting business partnerships often expect to work together for years. However, the relationship may not remain positive and productive indefinitely. Sometimes, years of working in close quarters can lead to a hostile dynamic between partners. Other times, the...
When you launched your business, you likely chose a legal structure (corporation, limited liability company or LLC, partnership, etc.) that fit your goals, resources and risk tolerance. But as your company evolves, your original setup might no longer serve your best...
When you are close to someone, emotionally, financially or both, it is easy to skip the paperwork. You trust each other. You talk things through. Maybe you helped them launch a business or worked on something together. But when things go wrong, you may wonder if the...
Business partners don’t always work together as efficiently and cooperatively as they may have hoped. Disputes do arise and need to be resolved, sometimes through litigation. But why would these disputes happen? Every situation is unique, but the following are a few...
When multiple individuals own a business, planning for future transitions is essential. If one partner departs, dies, or wants to sell their ownership interest, the absence of a formal agreement can create legal and financial complications. A buy-sell agreement helps...
Forming a business partnership in New York offers many benefits, but it also creates potential liability. Each partner may become personally responsible for the business’s debts and legal obligations. However, there are ways to reduce this exposure and protect your...
A business partnership is a commitment between two or more people to work together toward a common goal. Much like a marriage, both parties thrive on communication, loyalty and consensus. Sometimes, partners disagree on important decisions and they can't find a way to...