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Buy-Sell Agreements Business Ownership Contract Terms

Davidoff Hutcher & Citron LLP

Who’s Really in Charge? Governance, Control, and Voting Rules for Restaurant Owners

Many restaurant disputes boil down to one question: “Who gets to decide?” Is it the chef? The money partner? The majority owner? The answer should be in your governance structure — not in the middle of a heated argument....more

Davidoff Hutcher & Citron LLP

Buyout Agreements: Protecting Your Interest in a Restaurant Business

Owning a restaurant with partners can be rewarding, but it also comes with challenges—especially when one partner wants to leave the business. A well-structured buyout agreement is essential to ensure a smooth transition and...more

Davidoff Hutcher & Citron LLP

The Role of Buy-Sell Agreements in Preventing Ownership Disputes

In the high-pressure world of restaurant ownership, partnerships can be as delicate as they are rewarding. When business owners don’t plan for the unexpected—whether that’s a partner’s departure, illness, or...more

Bradley Arant Boult Cummings LLP

When Saying Goodbye Is Not Forever: Ex-Spouses Who Continue as Business Partners After Divorce

When a married couple enters into a divorce proceeding, they generally expect to end things in a final decree that fully divides all of their marital assets. But when they fully own or have a large interest in a closely held,...more

Bradley Arant Boult Cummings LLP

The Risks of 50-50 Owned Business Partnerships: This Marriage of Equals Does Not Guarantee Success

During Valentine’s Day month, we are taking a look at 50-50 owned private businesses. Forming a co-owned company may sound like a good idea on paper because the two partners are close friends or family members who are making...more

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