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Arizona Business Divorce -Arizona Business Divorce

How to Avoid Business Divorce. 3 Controlling Management Decisions Without Meaningful Input From Other Owners. 4 Engage in Similar Management Philosophy. Profit distribution without taxing the capital of the company. 5 Do Not Take Advantage of Your Position. 6 Family Issues Are Not Business Issues. Can the business owners accept who each of them is and the personalities the other owners bring to the table? Don’t jump into business together too fast. But if conflict does arise because of personality tr...

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Arizona Business Divorce -Arizona Business Divorce | azbusinessdivorce.com Reviews

https://azbusinessdivorce.com

How to Avoid Business Divorce. 3 Controlling Management Decisions Without Meaningful Input From Other Owners. 4 Engage in Similar Management Philosophy. Profit distribution without taxing the capital of the company. 5 Do Not Take Advantage of Your Position. 6 Family Issues Are Not Business Issues. Can the business owners accept who each of them is and the personalities the other owners bring to the table? Don’t jump into business together too fast. But if conflict does arise because of personality tr...

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Indemnification in Litigation of the Business Divorce Part 2Arizona Business Divorce

http://azbusinessdivorce.com/business-divorce/indemnification-in-litigation-of-the-business-divorce-part-2

Indemnification in Litigation of the Business Divorce Part 2. April 8, 2015. Insurance and Key Issues. While the Articles of Incorporation may limit the ability to indemnify, most often, indemnification is sought to the broadest extent provided by law. Hopefully, insurance has been procured by the company to protect the company coffers from the large expense of defense costs and paying any settlement or judgment for directors or officers in litigation. When litigating business divorce, a shareholder, dir...

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Fiduciary Duties in Arizona Limited Liability Companies Part 3Arizona Business Divorce

http://azbusinessdivorce.com/fiduciary-duties/fiduciary-duties-in-arizona-limited-liability-companies-part-3

Fiduciary Duties in Arizona Limited Liability Companies Part 3. May 13, 2015. Following Delaware’s lead, and examining Arizona’s legislative intent as well as the appellate holding in Sports Imaging, it appears that some fiduciary duties exist in LLCs despite the Arizona Act’s silence on the matter. If fiduciary duties exist or are statutorily adopted, a number of related issues need to be considered. For example:. These are just a sample of the questions presented by the issue addressed herein. For more...

3

Fiduciary Duties Archives - Arizona Business DivorceArizona Business Divorce

http://azbusinessdivorce.com/category/fiduciary-duties

All posts in: Fiduciary Duties. Second Ruling Denying Fiduciary Duty From Operating Agreement. September 15, 2015. This is the second Superior Court judge to deny fiduciary duty if such duty is not expressed. In my view, this Operating Agreement clearly set the standards expected of managers but because the standards were not in the right place in the Operating Agreement or added into a specific fiduciary duty section, the judge was not convinced. Judge Refuses To Extend Fiduciary Duty. June 24, 2015.

4

advances Archives - Arizona Business DivorceArizona Business Divorce

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All posts tagged: advances. Payment of Legal Expenses: The Hidden Protections Available to Corporate Directors and Officers Part 2. March 10, 2015. If litigation is on the horizon, savvy directors and officers know to consult an attorney and specifically inquire whether they are eligible for advancement or reimbursement of legal costs. Tiffany and Bosco has several attorneys knowledgeable in the area of officer and director liability who can aid in sorting out the issues. March 5, 2015. The right to qual...

5

Arizona Corporate Code Archives - Arizona Business DivorceArizona Business Divorce

http://azbusinessdivorce.com/tag/arizona-corporate-code

All posts tagged: Arizona Corporate Code. The Company Advances Defense Costs? February 25, 2015. A director is defined as not only a director of the corporation but also an officer, partner, trustee, employee or agent of another foreign or domestic corporation, partnership, joint venture, trust, employee benefit plan or other entity. The Company Advances Defense Costs? February 20, 2015. Subscribe to Blog via Email.

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azbusinessdivorce.com azbusinessdivorce.com

Arizona Business Divorce -Arizona Business Divorce

How to Avoid Business Divorce. 3 Controlling Management Decisions Without Meaningful Input From Other Owners. 4 Engage in Similar Management Philosophy. Profit distribution without taxing the capital of the company. 5 Do Not Take Advantage of Your Position. 6 Family Issues Are Not Business Issues. Can the business owners accept who each of them is and the personalities the other owners bring to the table? Don’t jump into business together too fast. But if conflict does arise because of personality tr...

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