Why is an Ownership Agreement so important? We've all heard the horror stories of marriages that end in divorce without a prenuptial agreement--lots of drama and fighting, and a small fortune spent on attorneys fees. Business disputes are no different, they can be nasty, expensive, and in the end, the litigants are at the mercy of the court to decide their future.
March 9, 2011
Just like it’s more expensive to hire a plumber after you have ruptured the main water line while trying to fix a leaking faucet, it is usually significantly more expensive to fix the problems created by self-representation than it would have been if an attorney was hired to do the work in the first place.
October 20, 2010
For the most part, shareholders and members are insulated from the liabilities of the entity, meaning a judgment won against the entity can only be collected against the assets actually owned by that entity.
September 23, 2010
While the cost of insurance isn't cheap, the cost of not being adequately insured can be staggering!
September 16, 2010
When you reach a fair agreement with a party you know and trust, and get paid on delivery, your written agreement becomes a sword you can leave in its sheath.
September 8, 2010
Understanding the basic terms, the timing, and the representations and warranties in the agreement will ensure that the parties know their rights and obligations.
August 31, 2010
Minimize the risk of a lawsuit and reduce the cost of litigation that can't be avoided.
March 21, 2011
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