Coronavirus Stimulus Act…

Coronavirus Stimulus Act Makes Benefits of Small Business Reorganization Act Available to More Businesses for One Year

Coronavirus Stimulus Act Makes Benefits of Small Business Reorganization Act Available to More Businesses for One Year We recently wrote about how the Small Business Reorganization Act of 2019 (“SBRA”) may help small businesses survive the COVID-… Read More
Read More

Hope in Crisis? The Small Business Reorganization Act May Have Come Just in Time for the Pandemic

The COVID-19 pandemic and resulting public health crisis will have devastating effects for countless small businesses, as “social distancing” – undoubtedly the phrase of the year 2020 – has caused dramatic reductions in demand in the airline,… Read More
Read More
The Pitfalls of LLCs - Pa…

The Pitfalls of LLCs - Part II: Deadlock - Decide or Dissolve

Part II of our series discusses deadlock - when a lack of foresight traps LLC members in business relationships that no longer work - and how to avoid it. Read More
Read More
The Twist and Turns of a…

The Twist and Turns of a Chapter 11 Bankruptcy: How Real Estate Investors Can Be Impacted by a Chapter 11 Filing and How They can Maximize Their Investment If They are Willing to Fight Back

Attorney Iurillo provides an example of how real estate investors can maximize their return on investment even in a tenant's chapter 11 bankruptcy by banding together and using their leverage wisely. Read More
Read More
The Pitfalls of Limited L…

The Pitfalls of Limited Liability Companies – Part I

This series of blogs provides examples of what can go wrong – or right – with LLCs and operating agreements. Part I explains how one doctor made sure he would not be trapped in a soured business relationship. Read More
Read More
Operating a LLC: What Can…

Operating a LLC: What Can be Done When a Member is Destructively Asserting Their Power Over the LLC?

In the past, we have written numerous blogs on the importance of having an operating agreement if you hold a membership interest in a LLC. Disagreements often arise between members of a LLC which can be resolved with a comprehensive operating agreeme… Read More
Read More

You Never Thought a Partnership Agreement was Important, But Now You’re in Court. What happens next?

The importance of having an Operating Agreement in the case of a limited liability company and a Shareholder Agreement in the case of a corporation is very significant. Essential terms include identifying who the shareholders are, what their sharehol… Read More
Read More

You’ve Been Sued by Your Business Partner. Is There Any Alternative to Going to Trial? YES, Mediation!

You and your long-term friend/business partner have operated a manufacturing company for the past 20 years. You have 30 employees and also a number of minority shareholders in the business. You and your business partner are the majority shareholders… Read More
Read More

So, you’re thinking about opening a business, how hard could that be?

Let’s take the restaurant business for example. Assume that you are the person with the talent and brains behind the operation. You were a chef in a famous restaurant in New York City. You decided to move to St. Petersburg, Florida and have talked… Read More
Read More

Gaining a Competitive Edge Using a Well Drafted Confidentiality Agreement as a Shield to Protect Your Business's Confidential Information

This is the fourth and last part of a series of blogs on what you need to consider to preserve that competitive edge, what happens when there is a violation of the agreement by disclosing confidential information and having a well drafted confidentia… Read More
Read More

Home Page Photo Credit: Jeremy D'Entremont
Friends of Portsmouth Harbor Lighthouses