Swimming with the Sharks (Part 1): Attracting Private Equity Investment in Your Business
For years, use of the term shark in a business context referred to unsavory characters such as shady lenders, sketchy lawyers and unscrupulous business people. More recently, the success of the hit reality TV show “Shark Tank,” has given sharks a Hollywood make-over, and a more positive image.
FAMILY LAW POST: You Can’t Always Get What You Want, But You Can (Likely) Get What You Need -- From the Family Law Court
During a marital divorce, a couple can work cooperatively to divide the assets in their marital estate, including the interests they own in private businesses. Things become much more challenging in divorce proceedings, however, when one spouse seeks to retain control of marital assets by continuing to control interests that are held by the couple in family limited partnerships, LLC’s, or other private companies.
Disastrous Business Partners Part 2: Confronting the Highly Dysfunctional Majority Owner
In the National Football League, quarterbacks may receive too much credit when their team wins and too much blame when they lose. It is easier celebrate or criticize the person we consider the face of the franchise. Perhaps this tendency comes from our experience in business world where the success or failure of a private company often traces to the leadership of its majority owners.