Posts by russolawllc819
How to Sell a Business in New Jersey or New York
Selling a business in New Jersey or New York involves critical steps, including assessing readiness, preparing financial documents, maintaining confidentiality through NDAs, negotiating the Letter of Intent, facilitating due diligence, and finalizing the Purchase Agreement. Proper preparation and careful attention to details are essential for maximizing value and reducing risk in the process.
Read MoreCan an Arbitration Award Be Appealed or Vacated? What Business Owners Need to Know
One of the most misunderstood aspects of arbitration is its finality. Learn what grounds exist to challenge or vacate an arbitration award in New Jersey and New York.
Read MoreThe Deal Terms Driving M&A Disputes — and How to Draft Around Them
M&A disputes are rising fast. Earnouts, reps and warranties, and due diligence gaps are the top triggers. New York and New Jersey M&A attorney Lou Russo explains which deal terms create the most post-closing conflict — and how precise drafting at signing can prevent it.
Read MoreMediation Before Arbitration — Should Your Contract Require It?
Many business contracts require mediation before arbitration can be initiated. Whether that step adds value or just delay depends on how the clause is drafted and the nature of the dispute.
Read MoreWhen Should You Call a Business Lawyer? (Earlier Than You Think)
Most business owners wait too long to call a lawyer. Learn which situations warrant early legal advice in NJ and NY — and what it costs to wait.
Read MoreHow to Resolve a Business Dispute Without Killing the Business
The goal in most business disputes is resolution — not destruction. Learn how business owners and their counsel approach disputes in ways that preserve business value and relationships in NJ and NY.
Read MoreSBA 7(a) vs. SBA 504 — Which Loan Is Right for Your Business Acquisition?
The SBA offers two primary loan programs relevant to business acquisitions. They serve different purposes and fit different transaction structures.
Read MoreWhat Is a Family Limited Liability Company and How Is It Used in Succession Planning?
A family LLC is a structure used to consolidate and transfer family wealth and business interests across generations. Learn how it works and what planning considerations apply.
Read MoreBuying a Business With an SBA Loan — What Happens to the Seller’s Existing Loan?
When the business you’re buying has an existing SBA loan, you need to understand what happens to that debt at closing. The answer affects deal structure, timing, and your liability.
Read MoreMy Spouse Owned a Business — What Happens to Their Ownership Interest When They Die?
When a spouse who owned a business dies, their ownership interest doesn’t automatically pass to you in the way you might expect. Operating agreements often control what rights a surviving spouse receives.
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