Your Business Divorce Attorney on Long Island, NY
Ending a relationship is always complicated, and business partnerships are no exception. When it comes time for you and a business partner to part ways, Presberg Law, P.C. will guide you through the process and help you protect your interests.
Contact our law office today to request a consultation with a business divorce attorney on Long Island, NY. We will discuss your commercial and personal concerns and explain what you can expect from the next legal steps—as well as why our experienced team is the right choice to represent you.
Frequently Asked Questions
Q: What is a business divorce?
A business divorce is the legal termination of a business relationship that’s based on a contract. Business divorces differ from other commercial disputes due to the personal relationships that influence the issues, such as expectations, honesty, time, financial, and energy investments. Customers, reputations, hard assets, and intellectual property are often at risk. Business divorces most often occur between owners, but they may also occur between an employer and a key employee.
Q: When should I contact a business divorce attorney?
When you notice these warning signs, you should consult with a corporate divorce lawyer:
- A General Consensus That a Partner is Not Doing His “Fair Share”
- Conflicting Work Styles or Approaches That are Creating Dissension
- Serious Disagreements about a Business’s Fundamental Characteristics
These red flags often indicate that business partners will soon end their relationship. It is best to speak with a business divorce attorney as soon as possible to ensure you’re aware of all your legal rights and options for your company.
Q: How can Presberg Law, P.C. help me with a business divorce?
Our goal when representing you is to make the legal termination of your business relationship swift while achieving as many of your goals as possible. This process may involve the following and more:
- Determining the Value of Your Business Assets
- Ensuring Tax Issues are Handled Properly
- Negotiating Terms
- Navigating Outstanding Business Agreements
- Overseeing Employment Law Matters During the Transition
- Working with Private Investigators