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This is why buy-sell agreements can be critical, helping to ensure a smooth and fair process in the case of a business divorce.
Attempting to negotiate and draft a buyout agreement for a member after the LLC is doing business can be difficult and result in costly litigation if the members are unable to reach an agreement.
A cross-purchase agreement is a document that allows a company's partners or other shareholders to purchase the interest of a partner.
A buyout agreement will invariably include a shareholder's death or medical disability among the events that trigger termination of the shareholder's ownership in the corporation.
Most shareholders or operating agreements with buy-sell provisions should meet the first two prongs of this test, since they typically are entered into at the outset of business formation for the ...
Jordan Clarkson and the Utah Jazz reached a buyout agreement. The team waived Clarkson, the Utah Jazz announced in a press release. 6-3 Clarkson played in 37 games with the Jazz last season.
Buy-sell agreements are needed to plan for the occurrence of these critical events, which may place the business’ continued success and survival at risk.
The Nets are working on a buyout agreement with Ben Simmons, and the Clippers and Cavaliers are among the potential landing spots, sources told ESPN.
Joshua Jackson and Jodie Turner-Smith’s custody agreement comes nearly two months after the actress filed for divorce. The pair married in the summer of 2019.
Bret Bielema is seeking $7.025M in compensatory damages as part of a lawsuit against the Razorback Foundation alleging violation of buyout agreement.
Prosecutor Nathan Wade has come to a 'temporary agreement' canceling a hearing in his divorce proceedings that have embroiled the Georgia election interference case.
SALT LAKE CITY (KUTV) — Jordan Clarkson and the Utah Jazz reached a buyout agreement. The team waived Clarkson, the Utah Jazz announced in a press release.