MGLS INSIGHTS

Updates and Insights from the team at Matthew Glick Legal Services.

Posts tagged Entrepreneurship
Being Offered Part Ownership of an LLC? Don't Assume You're an Owner Yet.

Before accepting LLC ownership, verify what it actually takes to become a member. This article explains how operating agreements, franchise restrictions, and proper documentation determine ownership rights. Learn why a handshake or side agreement may leave you with only a contract claim—not an ownership interest—in a New York LLC.

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Think smaller deals are easier? Think again.

Small business acquisitions can carry outsized legal risk. Learn why deals under $1M are often more difficult than larger transactions, from limited diligence budgets to unrepresented sellers and hidden liabilities. This guide explains key risks in small M&A deals, including liens, lease consents, ownership issues, and weak post-closing recourse for buyers.

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