Archives for May 2017

Business divorce concerns claims and disputes that typically arise in a privately held business with at least two owners, leading to termination of the disputants’ relationship. Such businesses may take the legal form of a closely held corporation, a partnership or a limited liability company, but generally function as partnerships. "The issues that can cause the business divorce and land the parties in arbitration are often grounded in the company’s formation. … [C]losely held businesses …

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