Jeffrey Neff

About Jeffrey Neff

Jeffrey M. Neff  has been certified as a Real Estate Specialist since 1986 by the Arizona Board of Legal Specialization.  Jeff's practice has emphasized all aspects of real estate law, including real estate litigation and transactions.  He also has experience practicing as an attorney in estate planning, wills, probate and trusts, along with business consulting: Bankruptcy, workouts, and entity formation including LLCs.  He has authored articles on real estate and taught seminars for the legal and real estate community.

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Education

• Law School: U of Arizona

Common questions about Business Law in Arizona

Answered by Arizona Attorney Search Network

Can I sue a former business partner in Arizona?

Yes. Disputes between business partners or LLC members commonly involve breach of fiduciary duty, breach of operating agreement or partnership agreement, accounting actions, dissolution, and derivative claims. ARS § 29-3110 (LLC fiduciary duties) and ARS Title 29, Chapter 5 (partnership) provide the substantive framework. Most business-divorce cases settle through buy-out negotiations; litigation can be expensive due to discovery into business records.

What does the Arizona Corporation Commission regulate?

The ACC under Article XV of the Arizona Constitution regulates incorporated entities (filings, annual reports), public utilities and pipelines, securities offerings, and railroad and utility safety. Business entity matters include filing Articles of Incorporation/Organization, accepting service of process, and maintaining the public corporate registry.

What is an operating agreement?

An operating agreement is the LLC's internal governance document, addressing membership interests, capital contributions, profit/loss allocation, voting rights, manager authority, and exit terms. Arizona law (ARS § 29-3105) recognizes operating agreements as the primary source of LLC governance, with ARS Title 29 supplying default rules where the agreement is silent. Single-member LLCs benefit from operating agreements too, especially for clarifying corporate veil.

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