DISSOLUTION, i.e. Business Divorce
We all know how messy any divorce tends to be. A business divorce is no exception. There are many reasons for the dissolution of a business, be it a partnership based on an oral or written agreement, corporation or LLC. It might be as simple as one owner wanting to retire. Perhaps there are compatibility issues. You may think you’re working twice as hard as other participants, but receiving equal compensation. Or, you’re generating the lion’s share of the business without appropriate financial recognition. Maybe you’re unhappy with a partner’s lack of dedication or abuse of business funds. The list is endless.
Sometimes, in a Corporation or LLC, your board members might be at odds. Some want out and others want to maintain the status quo. Maybe your removal is being discussed. You must move quickly!
Time is of the essence in these inharmonious break-ups. Contact David N. Bryman immediately. He will go into crisis mode with you, aggressively protecting your interests every step of the way.
Agreements, either oral or written often include restrictive covenants such as non-compete or non-solicit language, either for customers or employees. During the turbulent time of dissolution, whether you are the employer trying to protect the business or the exiting employee wanting to know where to draw the lines, David will quickly evaluate your rights and create an action plan.
An essential aspect of a business break-up lies in a well written participant agreement. The formula for a parting of the ways is outlined in such an agreement. For that and many other reasons, while not required by law,
it is critical for your protection. Hire the Bryman Firm and know you are protected.
But, what if you never executed such an agreement? Determining the value of the business, who gets what, who gets to stay and who has to go, etc., can be a slippery slope. Consultation with an outside, experienced business law attorney can ease the pain and stress. If you’re already not getting along, working out these details on your own is tenuous at best.
David Bryman is a skilled interventionist. He is aggressive in his approach-- maximizing your potential outcomes. He is extremely knowledgeable in protecting all concerned from financial hazards that must be addressed. For instance, notifying suppliers, customers, any and all contacts, is essential. Reviewing leases, business loans, and existing customer contracts is vital.
Dial (770.612.0909 Extension 1) to reach David Bryman. He will act swiftly, because early intervention is extremely important in these cases.
You cannot wait! Taking appropriate and immediate legal action within the court system can be vital in a crisis. Securing an injunction to protect assets or prevent lock-outs can literally save the day, giving the client and his lawyer time to regroup and establish a positive plan.
What if all of you just want to walk away? Determining what agreements can and cannot be terminated without serious consequence requires a trained eye.
If one of you wants to continue the business alone, many safeguards must be put in place. Business licenses, permits, bank account signatory, and many other loose ends need to be addressed. Protections need to be put in place to safeguard proprietary information and trade secrets. Visit the Marietta, Georgia office of David N. Bryman to be sure it's all done correctly.
Hiring an attorney with David’s experience, at this crucial time, will give you the necessary guidance and protection you need.
Mr. Bryman is there to help you pick up the pieces and glide into a new beginning.
We all know how messy any divorce tends to be. A business divorce is no exception. There are many reasons for the dissolution of a business, be it a partnership based on an oral or written agreement, corporation or LLC. It might be as simple as one owner wanting to retire. Perhaps there are compatibility issues. You may think you’re working twice as hard as other participants, but receiving equal compensation. Or, you’re generating the lion’s share of the business without appropriate financial recognition. Maybe you’re unhappy with a partner’s lack of dedication or abuse of business funds. The list is endless.
Sometimes, in a Corporation or LLC, your board members might be at odds. Some want out and others want to maintain the status quo. Maybe your removal is being discussed. You must move quickly!
Time is of the essence in these inharmonious break-ups. Contact David N. Bryman immediately. He will go into crisis mode with you, aggressively protecting your interests every step of the way.
Agreements, either oral or written often include restrictive covenants such as non-compete or non-solicit language, either for customers or employees. During the turbulent time of dissolution, whether you are the employer trying to protect the business or the exiting employee wanting to know where to draw the lines, David will quickly evaluate your rights and create an action plan.
An essential aspect of a business break-up lies in a well written participant agreement. The formula for a parting of the ways is outlined in such an agreement. For that and many other reasons, while not required by law,
it is critical for your protection. Hire the Bryman Firm and know you are protected.
But, what if you never executed such an agreement? Determining the value of the business, who gets what, who gets to stay and who has to go, etc., can be a slippery slope. Consultation with an outside, experienced business law attorney can ease the pain and stress. If you’re already not getting along, working out these details on your own is tenuous at best.
David Bryman is a skilled interventionist. He is aggressive in his approach-- maximizing your potential outcomes. He is extremely knowledgeable in protecting all concerned from financial hazards that must be addressed. For instance, notifying suppliers, customers, any and all contacts, is essential. Reviewing leases, business loans, and existing customer contracts is vital.
Dial (770.612.0909 Extension 1) to reach David Bryman. He will act swiftly, because early intervention is extremely important in these cases.
You cannot wait! Taking appropriate and immediate legal action within the court system can be vital in a crisis. Securing an injunction to protect assets or prevent lock-outs can literally save the day, giving the client and his lawyer time to regroup and establish a positive plan.
What if all of you just want to walk away? Determining what agreements can and cannot be terminated without serious consequence requires a trained eye.
If one of you wants to continue the business alone, many safeguards must be put in place. Business licenses, permits, bank account signatory, and many other loose ends need to be addressed. Protections need to be put in place to safeguard proprietary information and trade secrets. Visit the Marietta, Georgia office of David N. Bryman to be sure it's all done correctly.
Hiring an attorney with David’s experience, at this crucial time, will give you the necessary guidance and protection you need.
Mr. Bryman is there to help you pick up the pieces and glide into a new beginning.
David N. Bryman
630 Village Trace
Building 15, Suite E
Marietta, Georgia 30067
Phone: 770.612.0909 Extension 1
Fax: 770.612.0409
Email: info@brymanclerke.com.
