Business Valuation Methods for Restaurants in Divorce Settlements
Business Valuation Methods for Restaurants in Divorce Settlements By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: Divorce is challenging for any business owner, but for restaurant owners, it presents unique complexities—especially when determining the value of the business. A restaurant’s worth isn’t just about profits; it also includes tangible assets, goodwill, brand reputation, […]
Managing Spousal Claims to Restaurant Business Profits in Divorce
Managing Spousal Claims to Restaurant Business Profits in Divorce By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: For restaurant owners, divorce can pose unique challenges—especially when it comes to dividing business assets and profits. Unlike other marital assets, a restaurant is often a personal passion and a critical source of income. Without proper […]
Legal Remedies for Breach of Fiduciary Duty Among Restaurant Partners
Legal Remedies for Breach of Fiduciary Duty Among Restaurant Partners By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: Restaurant partnerships often thrive on mutual trust, shared goals, and a commitment to success. However, when one partner puts personal interests ahead of the business or violates that trust, it can lead to a breach […]
Handling Partner Expulsions in Restaurant Businesses: A Legal Guide
Handling Partner Expulsions in Restaurant Businesses: A Legal Guide By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Partnership conflicts can arise in any restaurant business, and in some cases, the only solution is expelling a partner. However, removing a business partner is a complex legal process that must be handled carefully to avoid lawsuits […]
Minority Shareholder Rights in Restaurant Businesses: What You Should Know
Minority Shareholder Rights in Restaurant Businesses: What You Should Know By Andreas Koutsoudakis, Partner | Hospitality and Restaurant Law Introduction: In the restaurant industry, partnerships often involve multiple owners, each contributing different levels of time, money, or expertise. However, not every owner holds an equal share of the business. Minority shareholders—those who own less than […]
