News & Analysis as of

Business Ownership Divorce

Patton Sullivan Brodehl LLP

Another LLC Attorney Disqualified Due to “Conflict of Authority”

A prior LLC Jungle post covered the Court of Appeal’s seminal opinion in the Jarvis v. Jarvis case here: Why Having “Co-Managers” for Your LLC is a Terrible Idea. In the Jarvis case, the Court of Appeal affirmed the...more

Bradley Arant Boult Cummings LLP

When Saying Goodbye Is Not Forever: Ex-Spouses Who Continue as Business Partners After Divorce

When a married couple enters into a divorce proceeding, they generally expect to end things in a final decree that fully divides all of their marital assets. But when they fully own or have a large interest in a closely held,...more

Davidoff Hutcher & Citron LLP

Navigating Alimony and Child Support Obligations for Restaurants Owners

For restaurant owners, divorce brings a unique set of challenges—especially when it comes to financial obligations like alimony and child support. Unlike salaried employees with predictable income, restaurant owners often...more

Davidoff Hutcher & Citron LLP

Managing Spousal Claims to Business Profits in Divorce

For restaurant owners, divorce can pose unique challenges—especially when it comes to dividing business assets and profits. Unlike other marital assets, a restaurant is often a personal passion and a critical source of...more

Bennett Jones LLP

Q&A on Protecting Family Enterprises Through Collaborative Family Law

Bennett Jones LLP on

When family relationships break down, the impact can extend well beyond personal matters, putting the future of a family enterprise at risk. I recently spoke with Patricia Hebert, a collaborative family lawyer, mediator and...more

Bradley Arant Boult Cummings LLP

Preserving Business Value in High-Net-Worth Divorces: The Mutual Benefits of Adopting a Win-Win Approach

Entrepreneurs are incredibly devoted to the success of their business, but even a thriving company may be severely impacted by a high conflict marital divorce. When a couple decides to part ways, the ripple effects can extend...more

Bradley Arant Boult Cummings LLP

The Intersection of Business in Marital Divorce Cases: Business Issues That Often Arise in Family Law Proceedings 

When divorcing couples hold ownership interests in private companies as part of their marital estate, they will have to address a number of business issues related to these interests in their divorce settlement. Planning...more

Maynard Nexsen

High-Net-Worth Divorce and Business Interests

Maynard Nexsen on

Divorce is always a challenging experience, involving delicate matters such as property division, child custody, and alimony. However, when high-net-worth individuals go through a divorce, the complexities increase,...more

Cohen Seglias Pallas Greenhall & Furman PC

[Webinar] Managing Divorce: Safeguarding Your Business and Finances - May 29th, 12:00 pm - 1:00 pm ET

Divorce is a deeply personal and emotional process that can have significant implications for your business and financial stability. When business ownership is involved, navigating divorce proceedings becomes increasingly...more

Ward and Smith, P.A.

Protecting Your Family Business for When Marriages End

Ward and Smith, P.A. on

Love may be eternal, but all relationships on this earth are guaranteed to end at some point. In fact, we know with certainty that every marriage is going to end in one of two ways, either by death or divorce....more

Bradley Arant Boult Cummings LLP

Successfully Dividing Business Assets in a Marital Divorce: Creative Options for Valuing and Dividing Private Company Interests

Marital divorces are often difficult under the best of circumstances, but tensions may be even higher when the marital estate includes substantial interests the married couple own jointly in private companies, which they are...more

Hendershot Cowart P.C.

How Is a Medical Practice Divided During Divorce?

Hendershot Cowart P.C. on

In Texas and many other states, assets and liabilities acquired during a marriage are considered community property owned equally by both spouses. In divorce, this community property is subject to equitable distribution....more

Bradley Arant Boult Cummings LLP

Beware the Empty Chair in Marital Divorce Negotiations: Company Ownership Issues Should Be Considered in Divorce Settlements

Divorcing spouses often have a number of business issues to resolve, but one key aspect that is often overlooked takes place when divorce settlements involve the division of an ownership interest in a private company. ...more

Lasher Holzapfel Sperry & Ebberson PLLC

In re Marriage of Watanabe: Washington Divorce Law: Still No Joint Title Gift Presumption

The saying that “the beaten road is the safest” is typically associated with advice not to take unnecessary risks and to play things safe. In the law, the notion rings true for courts and their adherence to established...more

Roetzel & Andress

Marriage and Divorce Considerations for Health Care Providers

Roetzel & Andress on

Because only licensed healthcare professionals can hold an ownership stake in a healthcare practice, there are special considerations for how that asset is handled by a healthcare professional and his or her spouse before,...more

Frantz Ward LLP

Episode 8 | Breaking Up Is Hard To Do: Navigating the Domestic Relations Arena

Frantz Ward LLP on

Former Frantz Ward Domestic Relations Partner Katie Arthurs joins us to explain the divorce and dissolution process, to discuss the best strategies for navigating the difficult and often painful challenges that arise in a...more

Winstead PC

Family Law: Transferring Private Company Interest in Divorce—Going Beyond the Basics to Ensure Continued Success and Avoid...

Winstead PC on

There has been considerable speculation that one consequence of the Coronavirus will be an increase in the divorce rate resulting from togetherness imposed by the quarantine that pushes marriages already on shaky ground over...more

Cohen Seglias Pallas Greenhall & Furman PC

Buy-Sell Agreements and Their Place in an Asset Protection Plan

For many business owners, their business is the most valuable asset that they own. The focus in asset protection planning is often on developing strategies to protect the business value from the claims of external, third...more

Troutman Pepper Locke

Digital Planning Podcast: Digital Assets in Divorce, Prenuptial and Postnuptial Agreements, Families and Minors

Troutman Pepper Locke on

The Digital Planning Podcast is designed to educate individuals about all things digital in connection with estate planning, business planning and estate administration. Your hosts, Jennifer Zegel, Ross Bruch and Justin...more

Fox Rothschild LLP

Mega Wealth & Divorce: Considering Matters Bezos

Fox Rothschild LLP on

While writing about high profile divorces is a means of attracting readers, it really leaves most of us feeling “empty” when it comes to how it relates to our ordinary lives. But the announcement this week of the divorce...more

Smith Debnam Narron Drake Saintsing & Myers,...

An Amazonian Divorce

Although many in the Raleigh area were disappointed to hear that Amazon’s much-anticipated HQ2 wouldn’t be landing in Wake County, Jeff Bezos is making headlines once again but for a very different reason. On January 9, 2019,...more

Farrell Fritz, P.C.

Divorcing Husband Not Smiling Over Court’s Rejection of Ownership Interest in Wife’s Dental Practice

Farrell Fritz, P.C. on

The self-proclaimed entrepreneur and guiding force behind his soon-to-be ex-wife’s highly successful, multi-office pediatric dental practice known as Kiddsmiles is not smiling after the court in Savel v Savel, Short Form...more

Gray Reed

Divorce – Four Business Reasons for a Prenuptial Agreement

Gray Reed on

With an ongoing Oklahoma divorce case in mind last month Tilting wrote about Tigh A. Knott, his wife Lucy Knott and how a business owner’s divorce can impact his business and affect his partners. The real players were Harold...more

Jaburg Wilk

Why Arizona Business Owners Need A Premarital Agreement

Jaburg Wilk on

Arizona is a community property state which means all property acquired by either spouse during the marriage is, by statute, presumed to be community property. ...more

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