Legal Information and Case Studies

A Good Business Venture Gone Wrong

A Good Business Venture Gone Wrong

This is another case that perfectly illustrates the hazards of cocktail talk, those loose conversations that turn into a serious intent to execute on a general plan. The more people involved in the discussions, the more likely there will be misunderstandings among those involved in the planning.

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Planning a Successful Business Succession

Planning a Successful Business Succession

One immense problem all business owners need to face at some point is the issue of succession. When a deal qualifies for bank financing, the seller receives the sale proceeds as a lump sum that makes them financially independent and able to retire.

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The Hazards of Handshake Transactions

The Hazards of Handshake Transactions

This example illustrates the hazards of going too far into the start of a transaction based on “cocktail talk”, meaning generalities, pleasantries, and a handshake without any professional transactional advice.

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A Holistic Approach to Buying a Business

Holistic Approach to Buying a Business

When entrepreneurs are in the planning stage of a new venture, that is the time when I want to take a holistic approach and be apprised of key parts of the business plan to evaluate and assess the prospects for a smooth start up and long-term business success. If allowed, I get beyond the broad vision and into the gritty details.

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Careful Legal Analysis of a Complex Situation

Homeowner vs. Town

Attorneys are often called upon to serve individuals on a “pro bono basis”. This case involved a careful analysis of a complex situation, soliciting expert engineering advice, negotiations with Town officials and an implied threat of litigation which I convinced the Town it would lose.

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