Business Divorce

Skoloff & Wolfe, P.C. attorneys handle sensitive, complex business divorce matters for business owners confronted with a breakdown amongst co-owners.  

Business divorce is the process of dissolving a partnership or partnership agreement in a business setting. It can be a difficult and complex process, as it often involves – similar to high-value matrimonial divorces – the division of assets, the dissolution of contracts, and the settlement of outstanding debts and liabilities.  

While there are many reasons why a business partnership may come to an end, such as a disagreement between partners over the direction of the business or a change in the personal circumstances of one of the partners, the process of a business divorce could become contentious and require legal proceedings, including mediation, arbitration or trial, to arrive at a final resolution.  

In addition to the practical considerations, there are also emotional and psychological factors to consider in connection with a business divorce, just as with the termination of a marriage. The end of a business relationship can be a difficult and stressful experience, and it is important for all parties to be aware of and sensitive to those less obvious emotional issues.

The attorneys at Skoloff & Wolfe, P.C.  have the experience and resources to ensure that all aspects of a business divorce are carried out as smoothly as possible, and we stand ready to advocate zealously when a business divorce requires court involvement.

Questions about business divorce? Contact us to begin

To begin a discussion with Skoloff & Wolfe, P.C. and to learn how our representation can help with your business matters, call 973.992.0900.