News & Analysis as of

Buy-Sell Agreements Contract Drafting Corporate Governance

Kohrman Jackson & Krantz LLP

Three Legal Risks Businesses Often Overlook

Business owners spend significant time focused on growth, operations, and customer relationships. In the process, certain legal risks can quietly develop in the background. These issues are often not immediately visible, but...more

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

Offit Kurman

Business Legal Maintenance: What to Review Before January

Offit Kurman on

As the year comes to a close and businesses prepare to wrap up 2025, there’s one critical task that should not be overlooked — a comprehensive legal check-up. Just as we schedule annual physicals to safeguard our personal...more

Bowditch & Dewey

Life Insurance, Buy-Sell Agreements, and the Connelly Problem: What Closely Held Business Owners Need to Know

Bowditch & Dewey on

Closely held businesses routinely use life insurance to fund buy-sell obligations when an owner dies. The logic is simple: the company or surviving owners need liquidity to effect redemptions or repurchases, and life...more

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