Divorce is complex, and valuing a business for a divorce settlement can be difficult. It's essential to use accurate and fair methods to determine the value. Here are some of the best strategies to consider. Professional business valuation Hiring a professional...
For a small business needing to reorganize its financial affairs, a Chapter 11 bankruptcy case can be prohibitively expensive. New Subchapter V of Chapter 11 of the Bankruptcy Code establishes an expedited process for small business debtors to reorganize quickly,...
If you started your business during your marriage, there is a good chance it is part of the marital estate. Like the other assets you and your spouse own, your business may be subject to equitable distribution during your divorce. Whether you plan to buy out your...
Federal officials say that Joseph LaForte and his wife Lisa McElhone, founders of the merchant cash-advance giant Par Funding, have fraudulently raised over half a billion dollars from investors. Par Funding is a lending company which offers “small business loans and...
In this unprecedented time, businesses across all industries are reporting cash shortages, leading many, including their vulnerable employees, to fear they will fail. While businesses of all sizes will suffer from the economic downturn, small businesses may have a...
