Picture a renowned winery in the heart of Napa Valley that has built its reputation on a trademark that connoisseurs associate with exceptional quality. This trademark, a symbol of years of hard work and dedication,...more
3/28/2024
/ Asset Management ,
Business Assets ,
Business Divorce ,
Business Ownership ,
Division of Assets ,
Intellectual Property Protection ,
IP Portfolio ,
Limited Liability Company (LLC) ,
Partnerships ,
Trademark Infringement ,
Trademark Litigation ,
Trademarks
In some cases, owners of an LLC provide in their Operating Agreements that any disputes involving the LLC or arising out of the Operating Agreement, including a business divorce, must be litigated in a private arbitration...more
In a recently published opinion, Hacker v. Fabe, 92 Cal. App. 5th1267 (2023), the California Court of Appeal found that an LLC owner’s destruction of the company’s records was a substantial factor that subjected him to...more
Limited Liability Companies (LLCs) are a common business structure. Combining the best elements of corporations and partnerships, LLCs offer liability protection while maintaining operational flexibility....more
When the members of a California limited liability company (LLC) decide to part ways, it is crucial to properly dissolve and wind up the business by addressing important legal and business obligations....more
Going into business with someone requires a high level of trust. For a business to thrive, business partners must be loyal to the business and each other. As in a marriage, when a partner in a business is disloyal, things...more
A business divorce occurs when two or more business partners sever their commercial relationship. Business divorce frequently involves friction, stress, and disagreement – so identifying what you want to achieve at the onset...more