Often a minority shareholder will seek to sue for a business divorce because they believe their business partner is stealing from them. But there are many things your business partner could be doing that could potentially harm the company short of stealing money from it – including making horrible business decisions and mismanagement of the company. » Read More

As the never-ending pandemic slogs along, many businesses have re-opened, some are still closed, and a significant number are still having many of their employees work remotely, at least wherever possible. This remote, “in-between” existence obviously poses several challenges for companies and employees alike. » Read More

Having a business partner whom you trust implicitly is a true gift. If you have such a relationship, count yourself among the lucky. Most business owners reading this blog, unfortunately, are having some sort of issue with their business partner(s), usually an acute conflict, often an existential one. » Read More

In many places, COVID-19 is making a comeback, or never actually left. But as far as an effective excuse to keep business partners in the dark, the pandemic has been hanging around for far too long. » Read More

Many business owners reading this article are facing a severe COVID-19-related economic downturn and simply struggling for survival. However, this does not describe all businesses. Some have been, and remain, closed completely. Some are better able to adapt to a remote environment than others, and some may even thrive in this environment. » Read More

No matter how many times I write about disputes between business partners, and how many times clients tell me their horror stories, I remain amazed by the ease with which some major business divorces could have been avoided.  Most of the time, when a shareholder dispute could have been averted, it is because one of the parties just needed to listen to the other.  » Read More

Shareholder disputes often arise because of a lack of information being disclosed by the majority to the minority shareholders.  In New Jersey, there are limitations as to what financial documents must be shared with minority shareholders.  However, most of the time business owners believe that their business partners should share more information than the bare minimum dictated by law. » Read More

Surviving in business is difficult with a business partner, especially when you are both 50% shareholders, with neither of you in total control.  Cooperation and trust are critical, and the relationship could have fallen apart at so many different times over the years.  » Read More