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Why Does a Business Need a Buy/Sell Agreement?

Business Divorce Buy/Sell Agreements

In any business with multiple owners, there is a good chance that at some point, one or more of those owners may no longer be affiliated with the company, whether by choice, death, bankruptcy, or divorce. It’s important for business…

What is a Business Valuation?

Business Divorce Buy/Sell Agreements Small Business Law

Business valuation is a process and a set of procedures used to determine what a business is worth. While this sounds easy enough, getting your business valuation done right takes preparation and thought. A good buy sell agreement is not…

Why should I Have a Buy/Sell Agreement?

Buy/Sell Agreements

As a business owner, having a buy/sell agreement protects your interests and helps avoid potential conflict with your fellow business owners. Many business owners work their entire lives to develop a successful business, only to have the company significantly lose…

What Should My Buy/Sell Agreement Contain?

Business Divorce Buy/Sell Agreements

What should my buy/sell agreement contain? Each buy/sell agreement must be tailored to meet the unique circumstances of the particular situation. It can be part of an operating agreement or a stand alone document. Competent legal and tax advice must…

When Should I Develop My Buy/Sell Agreement?

Business Divorce Buy/Sell Agreements

A buy/sell agreement should be one of the first articles that a company drafts as it is business necessity. A buy/sell agreement is a binding contract between you and your co-owners that defines who can buy a departing owner’s share…

Are Companies Required to Give Severance Packages?

Severance Agreement

Companies are not required to give severance packages to all employees. There are only two exceptions when a company is to give severance packages. First, some states have laws that require employers to offer terminated employees severance pay when their…

What is in a Severance Agreement?

Severance Agreement

A severance package is pay and benefits employees receive when they mutually agree to leave their employer. Severance agreements are more than just a “thank you” payment from an employer. Companies aren’t required to offer you a severance agreement, but…

Should I sign my Severance Agreement and Release

Severance Agreement

The answer is and will always be no. It may be tempting to sign a severance agreement and release but you could be living in the moment and not thinking about the long-term consequences in signing the agreement. If severance…

Memphis Severance Agreement Attorney: What is a Reasonable Severance Package?

Severance Agreement

Memphis Severance Agreement Attorney Our Memphis severance agreement attorney, Alan Crone, goes into detail on what goes into a reasonable severance package. There is no handbook for crafting a severance package. Since employers do not have a legal obligation to…

What are Severance Agreements?

Age Discrimination Non-Compete Agreements Severance Agreement

Severance agreements are a contract entered into between a departing employee and the employer, by which the employee agrees not to sue the employer for various employment-related actions, and the employer agrees to give some type of extra compensation to…

Do I Need a Lawyer to Help With My Non-Compete

Non-Compete Agreements

You don’t need a lawyer to draft a non-compete agreement. But to avoid potential drawbacks in litigation it is best to get an experienced lawyer’s help in drafting a noncompete agreement. Non-compete agreements can create a lot of stress. And…

Do Non-Compete Agreements Hold Up?

Non-Compete Agreements

Do non-compete agreements hold up? Each state has its own standards with respect to the validity of non-compete agreement. For specific information on your state’s non-compete laws seek counsel from an experienced attorney. However, there are 3 signs your noncompete…

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Why Does a Business Need a Buy/Sell Agreement?

What is a Business Valuation?

Why should I Have a Buy/Sell Agreement?

What Should My Buy/Sell Agreement Contain?

When Should I Develop My Buy/Sell Agreement?

Are Companies Required to Give Severance Packages?

What is in a Severance Agreement?

Should I sign my Severance Agreement and Release

Memphis Severance Agreement Attorney: What is a Reasonable Severance Package?

What are Severance Agreements?

Do I Need a Lawyer to Help With My Non-Compete

Do Non-Compete Agreements Hold Up?

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