California Bankruptcy Lawyer Blog

The world’s largest fast-food company no longer owns shares of the gourmet burrito and taco company. McDonald’s Corp. and Chipotle Mexican Grill, Inc. are terminating their partnership after eight years. McDonald’s had bought a stake in Chipotle when the company only had 14-restaurants located in Denver and helped turn it into a national chain while leveraging some of McDonald’s resources.

The decision to end their business partnership will give Chipotle more flexibility to grow and let McDonald’s focus on its core group of brands. Shareholders were allowed to exchange 16.5 million Chipotle Class B shares for 18.6 million common McDonald’s shares.

“Buy-Sell” provisions in shareholder’s agreements governs certain business decisions:
· Who can buy a departing shareholder's stock (this may include outsiders or be limited to other shareholders).
· What events will trigger a buyout.
· What price will be paid for a shareholder's interest in the corporation.

Continue reading "As McDonalds and Chipotle Grill End Business Partnership, Shareholders Exchange Chipotle Class B Shares for Common McDonald’s Shares" »

From 1999-2003, in the United States, the Federal Reserve says that more small business looked to non-banking sources, such as brokerages, finance and leasing companies, venture capitalists, relatives, other individuals, and credit/debit-card processors, for financial services.

Survey results were based on information on 42,400 U.S. firms.

A majority of the firms surveyed were small, owner-managed businesses. More than 80% of the firms surveyed had less than 10 employees.

Survey results show that commercial banks, however, were still the dominant provider of checking accounts, loans, lease financing, and credit lines. Small business also increased their use of “nonstandard work arrangements,” including working with consultants and contractors.

Of the companies surveyed, 47% of small firms registered as corporations (31% were “S” corporations and 16% were “C” corporations).

Continue reading "Federal Reserve Survey Say Small U.S. Firms Are Expanding Their Financing Sources" »

Last week, FireScope and Blue Street Capital announced that they are forming a partnership that will allow FireScope to offer its clients options for flexible financing.

Blue Street is an independent leasing and financing company that offers U.S. companies financing solutions. Leases are funded internally or via partnerships with more than 20 lending institutions.

FireScope offers organizations security appliances that can provide organizations with actionable business intelligence regarding the health and security of key IT assets.

Benefits of Forming A Joint Venture:

1. A joint venture is one of the most effective ways of enhancing your relationship with your subscribers and customers. It'll reflect positively on you if you're able to find a quality product and/or service at an excellent value to offer them. For this to be effective, your subscribers and customers must think that you're offering increased value to them.

Continue reading "California-Based Companies FireScope, Inc. and Blue Street Capital, LLC Form Partnership To Offer Clients Flexible Financing For FireScope Clients" »