by Adam Whitney | Jan 28, 2020 | Uncategorized
GUEST POST BY BRANDON SLOANE Severance agreements, which are contracts between an employer and an employee that contain certain rules and guidelines for when an employee is terminated, may be regarded as somewhat of an afterthought by employers. An employer might...
by Adam Whitney | Jan 27, 2020 | Uncategorized
How do Limited Liability Company Operating Agreements affect the fiduciary duties owed to co-Members of the LLC? That issue was decided in the case of Butts v. Freedman, which also involved Boston Equity Advisors LLC (“BEA”) and Outcome Capital, LLC (“Outcome”). ...
by Adam Whitney | Jan 16, 2020 | Uncategorized
This is exactly what I was talking about in this recent post: :https://awhitneylaw.com/blog/breaking-up-is-hard-to-do-ending-your-llc-membership-interest-by-sale-resignation-dissolution-or-otherwise A day after I posted my blog on LLC breakups, the Massachusetts...
by Adam Whitney | Jan 13, 2020 | Uncategorized
What do you do when you are a minority or 50% owner and the other owner(s) are not treating you fairly? Maybe the other owner is taking an unfair salary, employing family members, or otherwise manipulating the system to take economic advantage of the situation....
by Adam Whitney | Dec 2, 2019 | Uncategorized
Your company holiday party comes with potential legal liability. While you can never eliminate all potential liability, you can minimize your risk. Here are some ways to do that: 1.Don’t Serve Alcohol. If you must have alcohol at your party, do yourself a...
by Adam Whitney | Oct 11, 2019 | Uncategorized
When you have more than one Member in your Massachusetts Limited Liability Company, having an Operating Agreement is almost a must. Called an “LLC Agreement” in some states, an Operating Agreement is a formal legal document that sets forth the rights and duties of...