August 28, 2017 / by Larry Donahue / Dispute Resolution / 3 comments
I say this often, and it’s unfortunately true: About a third of this firm’s revenue comes from bad partnership breakups and disputes. The problem for most people, is they are all too quick to jump into a partnership with someone, even a stranger, without understanding the long-term impacts of such a relationship. Like a marriage, […]
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How Do You Remove a Member, Shareholder, Director, or Officer from Your Company?
August 17, 2020 / by Kameron Kramer / Dispute Resolution / 0 comments
A common question from many of our clients, or potential clients, is, “How do I remove someone from my company?” Such a common question does not necessarily have an easy answer, to their dismay. The are two possible scenarios – a company with governing documents that detail how the removal is done and a company […]
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LLC Status and Personal Liability Lawsuits
April 29, 2020 / by Alicia MCConnell / Dispute Resolution / 0 comments
Many business owners mistakenly believe that they cannot be held personally liable for actions that were committed by or through their company. Although setting up your business as a separate legal entity is definitely a good way to separate the liability of your business for the liability of the individual owner, such as yourself, it does […]
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Divorce Among Partners: How Not To End Up In Business With An “Ex”
March 10, 2020 / by Larry Donahue / Dispute Resolution / 0 comments
What happens when one of your business partners gets divorced? Unless your Operating Agreement states otherwise, chances are you are now in business with your Partner and their ex -spouse. It’s a well-known fact that half of all marriages end in divorce, yet it is staggering as to how little by way of planning goes […]
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GM files racketeering lawsuit
December 9, 2019 / by Kameron Kramer / Dispute Resolution / 0 comments
General Motors recently filed an unprecedented federal racketeering lawsuit against Fiat Chrysler They are accusing their rival of bribing United Auto Workers officials to give the company an unfair cost advantage by corrupting the bargaining process, leading to billions in losses for GM. GM alleges a pattern of racketeering by FCA occurring from 2009 to […]
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#5- Breach of Contract- Part 2: The Most Common Lawsuits Filed Against Small Business Owners
August 7, 2019 / by Larry Donahue / Dispute Resolution / 0 comments
Breach of contract means just that; a contract has been “breached” or broken. There are varying degrees of breach ranging anywhere from no performance at all to some/minimal performance. Lets break the concepts down to their most basic elements and examine them further. There are two common forms of breach; anticipatory breach and actual breach. […]
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The 5 Most Common Lawsuits Filed Against Small Business Owners.
July 31, 2019 / by Larry Donahue / Dispute Resolution / 0 comments
Is your business doing all it can to avoid these types of lawsuits? I recently did some research into the most common lawsuits that are filed against small business owners. What I see coming across my desk here at the L4SB office matches what is happening across the country. Article after article, case after case […]
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Capital Loss and Leaving a Partnership
April 3, 2019 / by Ian Alden / Dispute Resolution / 0 comments
Everyone who’s ever started a business will tell you that any new business venture involves risks. Sometimes it’s the risk of a capital loss of everything you have invested, or sometimes it’s the risk of spending countless hours trying to build something that just won’t stand on its own. Sometimes it’s the risk that your […]
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Bad Business Partners
March 7, 2019 / by Larry Donahue / Dispute Resolution / 2 comments
I find myself writing about my clients and their bad business partners with the same sentiment and phrases that I would probably tell the story of my failed marriage with. They all start out the same. On paper, they seemed so right. Similar background, seemingly shared goals and vison for the future. Seemingly similar intellect. […]
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Art of the Lien: Types of Liens and How to Avoid Them (Part 1)
October 31, 2018 / by Larry Donahue / Dispute Resolution / 0 comments
Almost all types of businesses deal with liens, one way or the other. If you borrow money or have a line-of-credit with a vendor, chances are there is a lien on some form of property or asset of your business. Similarly, if your business is in construction, real estate improvement of any type, loans money […]
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Avoiding a Narcissistic Partner
August 28, 2017 / by Larry Donahue / Dispute Resolution / 3 comments
I say this often, and it’s unfortunately true: About a third of this firm’s revenue comes from bad partnership breakups and disputes. The problem for most people, is they are all too quick to jump into a partnership with someone, even a stranger, without understanding the long-term impacts of such a relationship. Like a marriage, […]
Read more