BUY SELL AGREEMENTS

A Buy-Sell Agreement is important for all Arizona partnerships, corporate entities, and other business organizations. It is in the best interest of each co-owner to determine the best course of action upon the situation of an owner’s departure. To find the best terms...

WHEN DOES A JOINT VENTURE FORM?

Many times, individuals start a new business without documenting who owns what. Later a disagreement arises and the parties are in a gray area over who owns the company assets. Under Arizona law, a joint venture is formed when two or more parties agree to pursue a...

5 KEY TRAITS FOR AN EFFECTIVE NON-COMPETE AGREEMENT

Make sure that the restrictions do not overreach. Reasonable restrictions of time and geographic territory are required in most states including Arizona. Decide on what you truly want to protect. Focus on legitimate business interest such as confidential and...

BUYING OR SELLING A BUSINESS – SOME KEY ISSUES

Whether you are buying or selling a business, the following checklist can help to avoid problems. 1. Sale Structure. Is the sale an asset purchase, stock or equity purchase or a merger? If an asset purchase, then the buyer typically chooses which assets or liabilities...