2013, July

In planning for business and economic challenges, succession, retirement, sale of a business, or the withdrawal of equity from a business, the entrepreneur should properly consider the question of how to extract or protect his/her equity in the business. This planning process begins by a careful examination of the issues faced by the entrepreneur, then consideration of the options available, and then the formulating of a step by step process of documentation and action.

When working in a law firm you are often called upon to take an affidavit or declaration of a client, so most law firms - especially small ones - maintain commissioner appointments for a number of their support staff. This article discusses the authority of commissioners, requirements for becoming one, and where to apply.

You went into business with a friend or colleague, and for whatever reason, it didn't work out. Now you want to dissolve the partnership but you're worried it will ruin your friendship. You need to find a way out of the business relationship that doesn't leave you hating each other at the end of the process.

Have you reached a point with your business where it's no longer desirable or feasible to continue operations? If you're not considering selling it, then the only other course of action is to shut it down, liquidate the assets, and pay your creditors.