Solving Your Problems While Getting You Back to Business

May 2016

Divorce Lawyers Pay Attention! Assignment of LLC Interests In Asset Division

Posted May 9, 2016

The Connecticut Supreme Court just held that a spouse who receives by assignment the other spouse's interests in an LLC, may not get much after all.  You can read the case here. Once upon a time when I handled domestic relations cases, I knew that one of the assets that might be equitably divided was a spouse's interests in a limited liability company. The value received is really the right to receive distributions of the LLC's profits, because the spouse is not automatically a member of the LLC.

Paging Doctor Smith! You Are Free to Practice Around the State!

Posted May 8, 2016

Listen up doctors! Physicians and physician practices who are currently negotiating employment agreements, partnership agreements or otherwise joining a practice need to be aware of a recent law passed by Connecticut's General Assembly.  The law - which everyone expects Governor Molloy to sign - limits non-compete agreements for physicians to 15 miles in geographic scope and 1 year in duration.