Selling Privately Held Businesses – Interview with Stephen Gulotta, Managing Member, Mintz Levin's New York Office
Partnership and Similar Agreements - Douglas W. Lubic, Esq.
How Do I Prepare to Sell My Business?
As a business owner, all year you have likely been running around acting as manager, capital raiser, developer, business generator, marketer, human resource manager and administrative assistant. Given the numerous roles, it...more
A recent Tax Court case addressed some interesting issues relating to the estate tax value of an LLC interest. Below is a summary of these issues....more
On October 30, the Commodity Futures Trading Commission approved final rules that implement position and trading activity based reporting requirements for market participants that trade futures and swaps. The final rules...more
In this issue:
- FINRA Issues New Investor Alert on Closed-End Funds
- CFTC Adopts Enhanced Customer Protection Rules
- CFTC Adopts Rules Regarding the Protection of Collateral and Treatment of Securities...more
Businesses of all sizes change hands every year. Whether you intend to sell or are looking to buy, planning is key to your venture. Our law firm helps clients move through business changes including the sale or purchase of a...more
Attorney Stephen Gulotta, Managing Member of Mintz Levin's New York office, discusses the importance of advance planning in the sale of privately held companies. ...more
In July, I wrote about a white paper prepared by the states of Delaware, Nevada and Wyoming, Encouraging Business While Fighting Fraud. The report details state efforts to deal with the use of corporations and limited...more
In this informational video, Douglas W. Lubic, Esq., of the law firm of Wilentz, Goldman & Spitzer describes Business Partnership and Similar Agreements.
Do you know what to do when you partner with someone in a business...more
Savvy consumers always conduct certain research and inspections before agreeing to purchase an item of substantial value. This is because the duty is largely upon the buyer to assess the value of the thing he or she is...more
In this memorandum opinion, the Court of Chancery, relying on the unambiguous terms of a limited liability company operating agreement, found that a member’s failure to make an initial capital contribution to a limited...more
When you inherited the family business on Broadway in Redwood City, it was a mom and pop store with one location. Over the years, you weathered many economic storms and managed to build the business into a multi-location...more
Arizona is a community property state which means all property acquired by either spouse during the marriage is, by statute, presumed to be community property. ...more
In This Issue:
Making the ‘Right’ Choice; Top Ten Mistakes Businesses Make Regarding Insurance; and You’ve Got the Job, Details Will Follow.
Excerpt from Making the ‘Right’ Choice -
You have the idea, you...more
A business experiencing financial difficulty will typically be forced to allocate its scarce resources toward payment of only some of its creditors. In that process, it is important to keep in mind that for some types of...more
I'm grateful that my social media consultant knows only what she's read in my blog posts about the Nevada workers' compensation system, because she reminds me that my intended readers, like her, may know little about the...more
In Irizarry v. Catsimatidis, the Second Circuit Court of Appeals recently ruled that the owner of a supermarket chain with over 1700 employees could be held personally liable for his company’s alleged FLSA violations. ...more
A recent decision by the Second Circuit U.S. Court of Appeals (Connecticut, New York, and Vermont) is a reminder that individual business owners and management members can face claims of personal liability for federal Fair...more
Beth Cohn, a business transactions attorney at the Phoenix law firm Jaburg & Wilk, P.C. discusses what business owners should do when selling their business. She discusses what people can do if they cannot find a buyer and...more
Company owners are not immune from potential convictions and fines under workplace safety laws....more
I have blogged in the past about the reach of obligations to multiemployer plans and how other businesses owned by a participating employer can be held responsible for withdrawal liability based upon the common ownership. If...more
In November of 2012, Ohio Attorney General Mike DeWine's office, working together with law enforcement agencies, raided five locations in multiple counties as part of an effort to crack down on the distribution of the...more
Pope Benedict XVI announced recently that he will be resigning his position as the leader of the Catholic Church. While a Pope’s resignation is not common, it is common for leaders of businesses to resign their positions,...more
The Small Business Administration (SBA) recently amended the rules relating to its Small Business Innovation Research (SBIR) program and Small Business Technology Transfer (STTR) program. The new SBA rules implement the...more
Whenever a business owner, major shareholder and/or entrepreneur gets divorced, the annoyances, intrusions and disarray caused by the process itself spread beyond the immediate family. The business itself, regardless of...more
Are you an entrepreneur struggling to decide how to form your business? You may be wondering whether you should...
1. start the business without assistance;
2. use an online platform to assist in filing;...more