Guide to Business Divorce
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Stripped to its essence, a business divorce occurs when the owners conclude that the benefits of continuing their business relationship are outweighed by the costs (economic or human) to such an extent that continued co-ownership of the business is no longer a viable option. To provide lawyers with guidance and understanding on how to handle a business divorce, this new book provides an analytical framework and useful insights in representing clients in business divorces. The guide is a helpful starting point in researching legal and business issues that often arise in these sorts of matters.
The eBook version of The Guide to Business Divorce proposes a systematic process for handling a business divorce that will help you identify commonly recurring problems and craft practical solutions to address them. In addition, it will help you identify challenges that are unique to a particular business break-up and develop creative approaches to addressing those challenges. This process consists of the following basic steps:
• Step One: Fact-finding
• Step Two: Business analysis
• Step Three: Legal analysis
• Step Four: Advising the client and establishing realistic objectives
• Step Five: Evaluating and selecting strategies to achieve the objectives
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