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DarrowEverett LLP

Strong Operating Agreement Is Best Defense (and Offense) For Founders

DarrowEverett LLP on

Founding a business with a partner is similar to getting married in many ways; it is a long-term commitment with your financial future and livelihood at stake. Unfortunately, business partners often stop getting along at...more

Farrell Fritz, P.C.

New York Appellate Court’s Split Decision Involving Delaware LLC Pits “Harsh” Contractarianism Against “Fundamental Fairness”

Farrell Fritz, P.C. on

Last week, the Manhattan-based Appellate Division, First Department, handed down one of the more intriguing decisions by a New York court I’ve seen in a long time involving a dispute between LLC members....more

Payne & Fears

Key Issues in Business Formation

Payne & Fears on

Part One of a Series - Americans are serial entrepreneurs, consistently starting new businesses. Data from the U.S. Census Bureau shows that more than 432,000 new businesses applied for tax IDs or Employer Identification...more

Frantz Ward LLP

Episode 14 | You Came Up With a Great Business Idea During the Pandemic - Now What?

Frantz Ward LLP on

A fledging business doesn't just need a solid business plan; it also needs a strong legal foundation. This foundation is not "one size fits all," so it's important to tailor your choices to your specific industry and your...more

Wilson Sonsini Goodrich & Rosati

U.S. Expansion for Scaleups: Where to Establish U.S. Operations?

Wilson Sonsini Goodrich & Rosati on

A common question from UK and other European emerging technology companies considering U.S. expansion is where to establish their U.S. operations. The answer is not always “the Bay Area” or “New York;” the U.S. is a massive...more

WilmerHale

In Case You Missed It: Launch Links - December 2019 #2

WilmerHale on

Some interesting links we found across the web this week: Why So Many LLC Operating Agreements Fail - LLC Operating Agreements are the foundation of the relationship among owners of an LLC, as this Entrepreneur article...more

Winstead PC

Dispute Resolution for Business Partners: The Arbitration Option—Know When to Hold ‘Em, When to Fold ‘Em, and When to Walk Away

Winstead PC on

Entrepreneurs launching new companies today take on a significant gamble, because statistics show that roughly 30% of all new start-ups fail within two years, and only half survive for a full five years. Many businesses fail...more

WilmerHale

In Case You Missed It: Launch Links - April, 2018

WilmerHale on

Some interesting links we found across the web this week: The 20% Rule: The Guiding Principle for Startups This article from Forbes shares one founder’s advice to add 20% to certain parts of a business plan....more

Farrell Fritz, P.C.

Don’t Let the Deal Get Ahead of the Documents

Farrell Fritz, P.C. on

The practical lesson for entrepreneurs of the case I’m about to describe is, never sign complex business agreements without your lawyer, and never ever sign such agreements in the last week of August when your vacationing...more

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