entering into partnership with divorcee
by MAP857 - 5/6/12 8:51 AM
I am contemplating on entering into a business partnership with an individual who in the process of finalizing a divorce with his wife. Since his current business was started before the divorce, we plan on starting our partnership would as a different LLC. The new LLC would purchase the assets of his previous company. We would be expanding on the business model of the previous company.
I am eager to learn from the members of their similar experiences and attempt to understand where to be cautious and what possible problems I (or my business partner) can encounter in regards to his current divorce.
I appreciate the advice.