by Leo K. Barnes, Jr. | Jul 14, 2026 | Insights, Partnerships
When business partners are able to work together effectively, they can help their company grow and achieve its financial objectives. However, disputes can arise when one partner exceeds the scope of their authority or takes actions without the required approval....
by Leo K. Barnes, Jr. | May 28, 2026 | Insights, Partnerships
Trust is the pillar of all business relationships. When one partner violates that trust by engaging in self-dealing, breaching their fiduciary duties, or committing other wrongdoing, the financial consequences can be serious and long-lasting. Under New York law, a...
by Leo K. Barnes, Jr. | May 15, 2026 | Insights, Partnerships
In any business partnership, trust is not simply an expectation. It forms the foundation of the business relationship. When a business partner steps outside their fiduciary role and launches a competing venture or diverts valuable business opportunities for personal...
by Leo K. Barnes, Jr. | May 14, 2026 | Insights, Partnerships
A partnership agreement is a crucial document that serves as the foundation of a business relationship between two or more people. It governs how the business is operated and clearly defines each partner’s rights, responsibilities, and obligations. Unfortunately, it’s...
by Barnes & Barnes, P.C. | Nov 4, 2020 | Partnerships
The law regards certain relationships in business as ‘special’ because they involve a heightened level of trust or reliance of one party on another. These are known as ‘fiduciary’ relationships and include those between attorneys and clients, business partners,...
by Barnes & Barnes, P.C. | Oct 28, 2020 | Partnerships
A “covenant not to compete,” or “non-competition” agreement is a common feature in many employment and buy-sell agreements. Such provisions restrict a person’s employment or business activities following termination of employment or the sale of a business. They are...
