News & Analysis as of September 13, 2024

Corporate Governance

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Resilience Required: “CRAP” Is Necessary to Blossom as the Successful Majority Owner of a Private Company

Bradley Arant Boult Cummings LLP on 2/27/2024

Private company owners strive for success but getting there is not an easy or straight path. I have been working closely with business owners now for more than 40 years, and I have been reflecting on the key character traits...more

Operating Agreement Trumps Postnup in High Stakes Battle Over Transfer of LLC Interest

Farrell Fritz, P.C. on 4/17/2023

Husband owns 99% membership of manager-managed LLC. Children own remaining 1%. Postnuptial agreement says husband’s “interest” in LLC goes to wife. LLC agreement says any transferee is not admitted as a member absent the...more

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Business Ownership › Business Disputes › Corporate Governance

Resilience Required: “CRAP” Is Necessary to Blossom as the Successful Majority Owner of a Private Company

Operating Agreement Trumps Postnup in High Stakes Battle Over Transfer of LLC Interest

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