Posts by russolawllc819

Buying a business with a partner is exciting — until you disagree. The decisions made at acquisition about structure and governance determine how that conflict gets resolved.

Most business disputes are predictable — and preventable. Five contract provisions, when properly drafted, address the issues that generate the most litigation between business owners.

Having an operating agreement does not mean you have a buy-sell agreement. The two documents serve different purposes, and many businesses need both.

A holdback withholds a portion of the purchase price at closing to protect the buyer against post-closing claims. Learn how it works and what to negotiate in NJ and NY deals.

Partnership disputes are high-stakes and emotionally charged — which is exactly when mistakes get made. Here are the issues business owners most often mishandle.

Not every contract problem is a material breach — and the distinction matters. Learn what triggers escalation from a contract dispute to a lawsuit in NJ and NY.

A buy-sell agreement controls what happens to an owner’s business interest when they die, become disabled, or want out. It is one of the most important documents a closely held business can have.

Discovering that your business partner removed your bank account access is a serious warning sign. Learn what it may mean legally and how business owners in NJ and NY typically respond.

If your business partner handles operations, you may still have a legal interest in monitoring business finances. Learn what authorized user status means and why it matters.