Michael Ellis

Michael Ellis

Buckingham, Doolittle & Burroughs, LLC

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Conflict Issues In The Sale Of Closely Held Businesses - Tensions Among Family Members

IN BRIEF - The sale of a family business or any business with multiple owners creates potential conflicts among the owners as well as potential issues for the attorney representing the sellers. Among these issues are...more

7/22/2019  /  Buy-Sell Agreements , Closely Held Businesses , Employment Contract , Family Businesses , Indemnification Clauses , Non-Compete Agreements , Selling a Business , Succession Planning

Planning Beyond The Sale Of A Business: Understanding Working Capital Adjustments

• The most common post-sale dispute involves determining the working capital of the sold business. • In planning for the sale, the parties should agree on what is a normal working capital amount, as well as the elements of...more

5/24/2019  /  Business Assets , Business Valuations , Buyers , Buying a Business , Contract Disputes , Contract Terms , Purchase Agreement , Representations and Warranties , Sellers , Selling a Business
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