Private company valuations present challenges because shares are not traded on a public exchange. As discussed in our prior post on How to Value Shares in a Private Company, there are certain factors that should be taken into account in determining what a company...
When a co-owner or partner in a private company wants to sell his or her shares, valuing their shares can be a problem. Public company shares are traded on a public market, so the price is clear. Private companies have to use different methodologies that can be...
If you are co-owner of a business, it is important to plan for what happens if you or another owner exits the business. This is particularly crucial if the company is a partnership or closely held corporation because those remaining will want control over who gets...
Lawsuits by trust beneficiaries are a regular occurrence for several reasons. Often, it is because trusts involve families which means that there may be personal conflicts fueling the underlying litigation. Those issues may make it harder for the parties to settle...
A downside of the U.S. legal system is that it is relatively easy to bring a frivolous lawsuit with little consequence to the party suing. Meanwhile, the one being sued has to waste time and money to defend a baseless lawsuit. Because of this reality, a substantial...
We believe strongly that small businesses are critical to our nation’s economy; in fact, 99.9% of businesses in America are defined as small businesses. And if you’re one of the millions of small business owners in America, you know how hard it can be to run your...