Safeguarding Leadership and Operations: Why Death, Disability, and Incapacitation Clauses Matter written by Miguel Otero Published October 6, 2025 When a key owner or partner can no longer participate, the ripple effects are felt throughout the entire business. Who makes decisions? Who steps into leadership? Does the ownership interest pass to a spouse or heirs—who… Read more »
Russian Roulette Provisions: Risky Business or Practical Solution? written by Frances Warden Published October 6, 2025 When starting a business, particularly a Limited Liability Company (LLC) or a Limited Partnership (LP), owners often include a buy-sell clause in the Operating Agreement to address the possibility of deadlock. While few partners anticipate serious disagreements at the… Read more »
Succession Planning in Private Companies: More Than a Will Published October 6, 2025 When people think about succession in a private company, the first thought that often comes to mind is a will. A will is important because it determines how property, including company shares, will be distributed after death. Yet, succession planning in a… Read more »
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