How to Dissolve a Business Partnership
October 28, 2019A common term for dissolving a business partnership is “business divorce.” It’s called a divorce because, in many ways, business partnerships are like a marriage. Partners are bound together both legally and emotionally, and a split can be as difficult or easy as the partners decide to make it. While it’s n…
DetailsTop 5 Risks to an LLC’s Personal Liability Protection
October 7, 2019There are several good reasons for entrepreneurs to set up their new business as a limited liability company (LLC) or corporation — chief among them being the personal liability protection that each structure affords the owners. However, there are situations where an LLC or a corporation will NOT provide pers…
Details3 Non-Monetary Remedies in a Breach of Contract Lawsuit
September 6, 2019A breach of contract occurs when one party fails to perform its obligations under the contract. While an aggrieved party may wish to sue for monetary damages, other remedies may be available. Here are three common non-monetary remedies for breach of contract, which, in some cases may be preferable to a monetary dam…
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