On November 20, Scott Ellison will speak on Buy-Sell Agreements between the owners of closely-held businesses. Any closely held company with 2 or more owners needs to ask what happens to an owner’s stake if he or she: (1) dies; (2) suffers an incapacitating disability; (3) has his or her employment end (whether by the company or by the owner); (4) wants to sell his or her stock to a third party; or (5) has an involuntary transfer (such as divorce, bankruptcy, or attachment by judgment creditor). A Buy-Sell Agreement (backed by insurance) can address any of these scenarios that are of concern to the owners. Additional issues to which the owners must pay consideration include how to ascertain a purchase price and how the purchase price should be paid.
Tom Manson, Jennifer Moeckel and Scott Ellison, three of the partners at Cook Little Rosenblatt & Manson, are participating in a three-part luncheon speaker series hosted by Wentworth Economic Development Corporation in Wolfeboro, New Hampshire.
Anyone interested in attending should either contact Cook Little Rosenblatt & Manson at (603) 621-7100 or contact Wentworth Economic Development Corporation in Wolfeboro at (603) 569-4216.
$15, light lunch included
WEDCO/Cook Little Rosenblatt & Manson
Lisa Roy, CLRM Office Administrator
We make every effort to ensure the accuracy of this information. However, you should always call ahead to confirm dates, times, location, and other information.