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Recent Blog Posts

When is a Deal a Deal?

Goobich v. Waters, 283 Ga. App. 53 (2006).  The Waters entered into negotiations to sell their nursery business to Goobich.  After protracted negotiations, the parties both signed a Letter of Intent (LOI) under which Goobich was to buy the business…

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Agreements to Agree are Unenforceable

Business disputes often arise because amiable parties agree on a few matters, but leave an essential element of their deal to future negotiations by simply agreeing to agree on (often seminal issues) at a future date.  While this may smooth…

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Be Careful What You Ask For

Ervin v. Turner, 291 Ga. App. 719 (2008).  In this case, a group of investors came together and formed a limited liability company, Local MG, LLC (the “LLC”) for the purpose of raising sufficient funds to operate a bank to…

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Judicial Dissolution

Judicial dissolution is the process through which the courts will wind up and liquidate a business entity such that its liabilities its assets are distributed to its owners, to the extent that there are assets with which to do so.  Judicial…

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