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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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…
Read MoreJudicial 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…
Read MoreMany closely-held businesses are owned by a two or more individuals who are (or were) also friends, family members, or former co-workers. Because of their prior relationship, these individuals enter into their business relationship with a certain amount of inherent…
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