It’s common to start a new business with one or more partners to divide the workload and bring more minds on board to make your company a success. However, for a number of reasons, these partnerships may need to be dissolved.
Every business will face disputes at one point or another. Arbitration is a method belonging to the category of alternative dispute resolution (ADR), meaning matters are settled outside of the courtroom.
For all the right legal reasons and protections for all involved, an ironclad partnership agreement in writing is essential. At first, everyone is on the same page, but down the line, it's not uncommon for people to disagree or go separate ways. And if your business partner has pushed you out, you have the right to explore your legal options for resolving the situation.
You and some of your friends or associates decide to create a business to provide a needed service to your communitya You could open the business as a partnership, but then each of you would be personally liable for any outstanding debts or lawsuits should the business not succeed. So instead, you all agree to form a limited liability company (LLC), which protects its members (owners in an LLC are referred to as members) from personal liability.
In Tennessee, conservatorship allows the court to appoint a competent adult to manage the personal, financial, and medical affairs of a disabled or incapacitated adult. However, the conservatorship isn’t only limited to adults who are mentally or physically incapacitated.
Every year, millions of Americans relocate for different reasons, including a new home, new job, education, family reasons, or to establish their own household. However, parental relocation often presents various challenges in divorce situations involving minor children.
Opioid abuse is still with us and grows worse with the increased prevalence of fentanyl and fentanyl-laced drugs. According to the Centers for Disease Control and Prevention (CDC), 107,375 people in the United States died from drug overdoses and drug poisonings in the 12-month period ending in January 2022.
When someone you love suffers from a mental illness, physical disability, or cognitive impairment, you may notice that they lack the ability to make decisions for themselves. When a loved one is unable to care for himself or herself, an emergency conservatorship may be necessary.