Discover how a cross-purchase agreement protects businesses by allowing partners to buy a departing partner’s shares, ensuring smooth transitions and business continuity.
Running a business is a complex endeavor that requires careful planning and foresight. One of the most critical yet often overlooked aspects of business planning is succession planning. One way to ...
These common instruments raise special considerations in the S corporation context.
In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...
Few business owners want to work with the spouses or children of a partner who can no longer perform their duties. In this situation, buy-sell agreements are best for severing ties. When a company has ...
Now that they've approved the purchase agreement, Nederland will need to finalize an agreement with the resort's current ...