At some point, the people who started a business together don’t want the same thing anymore. One owner wants out. The others want to keep going. Or nobody wants out, but nobody can agree on what the business is actually worth. People call this a “business divorce,” and while the term is useful shorthand, it…
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If a joint venture with your Newport Beach business partner has broken down, you may need to determine whether the dispute involves a contract violation, misuse of venture assets, a breach of fiduciary duty, or another legal claim. California law can also affect how the dispute gets resolved and how long you have to act.…
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