Passing a business to children who have different levels of interest requires balancing fairness with business continuity. Here are the planning approaches practitioners consider.

Filing an AAA arbitration claim starts a defined procedural process. Here is a step-by-step overview of what business owners can expect after a commercial arbitration is initiated.

Force majeure clauses are in almost every commercial contract but rarely read carefully until something goes wrong. Learn how they work — and when they don’t — under NJ and NY law.

A partner who refuses a capital call can create financial and legal problems for the business. The consequences depend heavily on how the operating agreement addresses capital contributions.

SBA lenders are not just evaluating the business you want to buy — they are evaluating you. Here is what underwriters focus on.

When a co-owner dies and their spouse inherits their business interest, you may find yourself in an unplanned business partnership. Here is what to know about your options.

A management buyout lets the existing management team acquire ownership of the business. Learn how MBOs are structured and what legal issues arise in NJ and NY.

An arbitration clause that is vague, one-sided, or poorly drafted may be unenforceable — or may produce a process nobody wanted. Here is what practitioners focus on when drafting them.

A business partner demanding dissolution does not necessarily have the legal right to force it. Learn how dissolution works in NJ and NY LLCs and partnerships.

Changed circumstances do not automatically excuse contract performance. Learn how impossibility and frustration of purpose doctrines work under NJ and NY law.