Missoula doctor to make calls on the run Oct 7, 2008
Mansch said Partnership now has a buy-sell agreement on the Creamery building and expects to close in November. Which brings us back to Forney-Gorman, who was looking for a way to highlight the difficulties faced by her patients and Partnership's problems in meeting the demand for its services. (Missoulian, MT)
Farm Succession Planning Is a Process Aug 28, 2008
Consider your legal structure: Establish the best legal structure of the business and transfer process (an LLC, LLP or combination of entities) including management structure, voting arrangement, compensation, sharing profits and ownership of interests and increased equity, leases of outside assets, and buy-sell agreement. The planning for business operation, development and transfer must be structured to avoid adverse tax results. (Agri-View, WI)
Stimson rep: Company will find industrial buyer for Bonner site Aug 12, 2008
Moody said Cooney had the only offer so far, but he was waiting for a written buy-sell agreement. I never heard the 16 million offer, but everybody is doing their best to work with you on the site, he said. (Missoulian, MT)
The end of an era Apr 17, 2008
The local dealership was essentially bought out by GM, Hodgdon said, after the company decided not to allow a buy-sell agreement with Mirak Chevrolet. The deal was not a lucrative one. (Arlington Advocate, MA)
Lincoln School may be saved from development Feb 28, 2008
Cooney and the seller then went through a period of counteroffers to reach a buy-sell agreement. Cooney said he put down 5,000 and that the agreement calls for another 20,000 payment by March 21. (Missoulian, MT)
Sandpiper Gallery on the move Jan 24, 2008
A buy-sell agreement on one property was terminated when an inspection found several problems with the building. Kelley said Sandpiper members raised several thousand dollars to help complete the library building in 1986, and while they didn't expect to be able to stay there forever, we were surprised it came so soon, she said. (Missoulian, MT)
Sale of Montana City Store reportedly in the works Nov 2, 2007
Owner Joe Calnan said a buy-sell agreement was signed with three local individuals, and the sale should be finalized Nov. 15. Calnan said that Monday s sheriff s sale is canceled. (Helena Independent Record, MT)
VODone Announces its Major Involvement in the Remake of the Chinese Classic, The Water Margin Oct 31, 2007
In September 2006, upon the completion of the buy-sell agreement between Dr. Zhang Lijun and VODone Limited, Vodone Datamedia Technology Co., Ltd. and subsidiaries of VODone Limited collaborated to further develop the telemedia service business. Capital Market funds were deployed creating support and laying a solid capital foundation for the development of VODone Limited. (Yahoo! Wire -- Entertainment News)
Notbohm accuses commission members of illegalities Oct 5, 2007
Johnson advised the commission that because of Notbohm s protest letter, it cannot legally proceed with a buy-sell agreement until a district judge appoints a panel to do an independent assessment of the county s property. Notbohm also said he was concerned about potential costs of repairs to the Wagner house, and listed problems such as a sagging roof, sidewalk repairs, drainage and insulation issues. (Helena Independent Record)
Open for Business Sep 30, 2007
The bank has a buy-sell agreement in place for a branch at Skyway. Officials hope to close on the property at the end of October and break ground on a new branch, the third in town, next spring. (Helena Independent Record)
Barquist suit settled out of court Aug 21, 2007
In September 1997, the three men entered into a buy-sell agreement in anticipation of Diamond and Saxton taking over controlling interest of the firm. In 2000, Diamond and Saxton became officers of the corporation and Barquist conveyed all of the outstanding shares of EPI to the men, which were purchased with $10,000 loans from Barquist. (Oconomowoc Focus, WI)
Business proves a tricky move for friendships Jun 30, 2007
"No matter how well you think you're suited to one another and have the plan laid out, you want to make sure you have that relationship in writing and have a buy-sell agreement upfront," said Don Schuster, an Atlanta counselor with SCORE, an organization that offers free business advice to entrepreneurs. "What's going to happen if one of those partners decides to leave the business?". (Atlanta Journal-Constitution -- Living)
St. Pat's project requests extension Jun 7, 2007
MRA board members have asked the council to approve a one-year extension on the 845,000 buy-sell agreement. It won't be the first time council members consider such a request, and they're likely to ask plenty of questions when they formally hear the proposal at a presentation tentatively scheduled for next Wednesday. (Missoulian, MT)
Bedminster roused from 'sleep mode' May 31, 2007
A buy-sell agreement has been drawn up for the latter site, but it's on hold for now, pending council action. The Bedminster process, which uses a high-heat method to turn garbage into usable compost, reduces landfills by 75 percent, proponents say. (New Iberia, LA)
Wine on the line May 23, 2007
A buy-sell agreement, which outlines how much stock business partners will buy from the estate, is often a key component. The three Rominger brothers were all equal partners in their farm. (Sacramento Business Journal, CA)
Labor Department sues officers at N. Ky. firm Apr 26, 2007
According to the complaint, the valuation used for directors in the buy-sell agreement was up to 125 percent higher than the valuation used for the employee retirement plan ... It alleges the Radac officers used different valuations from the same appraiser when it came to determining the value of company stock in the Radac retirement plan and the value of director's stock in a "buy-sell agreement" that directors negotiated with the company in 1994 ... Ferrigno said the buy-sell agreement is a... (Cincinnati Business Courier, OH)
Exit Strategies: Cross Purchase Plans Apr 4, 2007
In previous articles, I ve encouraged business owners to consider creating Buy-Sell Agreements, which are legal contracts that enable shareholders to pre-determine what will happen to their share of the business in the event of death, disability or retirement ... A Cross Purchase plan is another type of Buy-Sell Agreement in which each shareholder agrees to purchase the other shareholder s stock ... Jim and Sue set up a Cross Purchase Buy-Sell Agreement and fund it with life insurance policies... (Variety)
Exit Strategies: Can Stock Redemption Plans Help Protect My Family? Mar 25, 2007
In previous columns, I ve encouraged business owners to consider creating Buy-Sell Agreements which are legal contracts that enable shareholders to pre-determine what will happen to their share of the business in the event of death, disability or retirement. Stock redemption plans are a type of buy-sell agreement that are appropriate for privately held companies with more than one owner. (Variety)
The Ranch Club / Changing course Mar 23, 2007
They currently have a buy-sell agreement pending on a liquor license. hat, we feel, is going to make a big difference here, Colleen said. (Missoulian, MT)
More of this story Mar 15, 2007
The Laurel Outlook:Big Story. Information Services. (Laurel Outlook, MT)
Golf balls, long drives basis of local lawsuit Feb 16, 2007
The suit states the club and McLeod entered a buy-sell agreement in February 1999. Under this agreement, McLeod agreed to purchase approximately five acres at the end of the driving range. (Montana Standard, MT)
