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Protecting yourself in a Business Divorce

There are a number of powerful tools that can be used to protect a business owner facing a business divorce. Business owners are protected by Business Corporation Law Section 1104(a). In fact, the law protects shareholders from oppression, fraud, corporate theft, illegal actions, etc.

What should people do if they experience breaches of contract?

If the business world were perfect, two parties would enter into an agreement, and the agreement would be upheld without an issue. However, the world is not perfect, and business disputes are inevitable, including breaches of contract. If a breach of contract takes place that affects a small business owner in New York, he or she has the right to seek justice through the civil court system.

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