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Buy-Sell Agreements Contract Drafting Buyouts

Davidoff Hutcher & Citron LLP

The Restaurant Operating Agreement: 10 Clauses That Prevent Partner Disasters

An operating agreement (for an LLC) or shareholders’ agreement (for a corporation) is where you and your partners decide how the relationship really works. Without it, New York’s default rules step in — and those rules...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

Farrell Fritz, P.C.

Another Reason Not to Use Fixed Price Buy-Sell Agreements

Farrell Fritz, P.C. on

Before we get to the case: A fixed price buy-sell agreement is one in which co-owners of a business select a specific dollar amount, expressed either as enterprise or per-share value, for calculation of the future buyout...more

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