Recently we took a bit of a deep dive into litigation, covering the process in general and then taking an expanded look on why you probably want to avoid it in most instances. One of the ways you do that? By engaging in alternative dispute resolution. What exactly is...
Often, people come to us gung-ho about suing someone to make them pay for some wrong they have had to endure at the hands of the other party. Perhaps a business partnership went sour. Or they feel slighted in a will. This desire to jump straight to litigation is...
Capital calls can be a critical part of business planning. It means that the management (managers or board of directors) may force shareholders to come up with additional capital. It also should address what happens if a shareholder cannot or will not comply. VAM...
Tag along and drag along rights are important. Tag along rights are rights in the hands of a minority owner of a company. It entitles the minority owner to “tag along” with a sale of interests that they are not otherwise apart of. In contrast, “drag...
What is litigation? Many people have heard of litigation and have a basic understanding of it. Generally speaking, it is what happens when two parties disagree about something and make a legal case out of their grievances. Litigation is a way to describe the legal...
We’ve now discussed exit planning at a high level and some important points like price, terms, legal, etc. This video discusses non-legal things to tighten up to maximize your purchase price as a seller. This would include, among other things, ensuring you have...
