When your business partner commits an illegal act, it is not always something that directly harms you, like embezzlement. In fact, some illegal acts could actually benefit you. For example, if you are a 50% owner of a closely-held business in New Jersey, but your business partner is the one in charge of financial matters, you may benefit personally and directly from tax fraud. » Read More
As discussed many times on this blog, shareholder dispute litigation can be extremely costly and terribly disruptive to company operations. From the company’s point of view, it should be avoided if at all possible. Once an oppressed minority shareholder complaint is filed, or is about to be filed, it is often too late to avoid. » Read More