We discussed common-interest communities in a recent Berdon, Young & Margolis blog post. We underscored in our July 24 entry the key role played by homeowners associations in governing such living arrangements.
When you married and started a business together, you probably did not think divorce would ever become part of the picture.
A central point that is repeatedly conveyed concerning divorce in Connecticut and nationally is that every decoupling is unique, presenting its own singular set of opportunities and challenges.
They dot the landscape of Connecticut. In fact, the planning and creation of so-called common-interest residential communities has been in high gear all across the United States for decades, with the results being obvious from coast to coast.
Famed 19th century German/Prussian ruler and aristocrat Otto von Bismarck is the alleged author of the remark (paraphrased) that, “Laws are like sausages; it’s better not to see them being made.”
Are the financing options short and unattractive if your Connecticut business is at an incipient stage and lacking a proven credit history that lenders can rely upon? And does that also hold true for an already established company that has taken some hard competitive hits and is now dealing with serious restructuring issues?
Are there challenges to creating a Connecticut business and ensuring its success over time, as marked by bottom-line profitability and sustained growth?