What is a Non-Circumvention Agreement?
June 13, 2019The business world runs on deals, many of which can come about when two parties work together to do business with a third party. A non-circumvention agreement prohibits either of those two parties from cutting the other one out of the deal by working directly with the third party. For example, Company A is a …
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Understand the Bulk Transfer Law Before You Buy a Business
June 11, 2019The purpose of the bulk transfer law — also referred to as a bulk sale — is to protect the creditors of a business by notifying them that most or all of the company’s assets are being sold. This is to prevent a seller from pocketing the proceeds of a business or asset sale without […]…
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Negotiating a Business Divorce with the Majority Owner
June 6, 2019Usually, minority investors in private companies lack contractual exit rights that require a majority owner to purchase the investor’s shares in the business. In cases where the viability of the business is threatened by an inept or corrupt majority owner, a minority investor needs to seriously consider the…
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