About John Banker
John Banker is a business and corporate attorney at PO Box 977 serving Taylor, Arizona. Business law practice in Arizona involves entity formation and governance under Title 10 (corporations) and Title 29 (LLCs) of the Arizona Revised Statutes, as well as commercial contracts, business disputes, and regulatory compliance under the Arizona Corporation Commission's oversight. For consultation, contact details are listed below.
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Education
- Law School: Columbia
Common questions about Business Law in Arizona
Answered by Arizona Attorney Search Network
What is a buy-sell agreement?
A buy-sell agreement is a contract among co-owners of a business specifying what happens to an owner's interest upon death, disability, divorce, retirement, or voluntary sale. Common structures include cross-purchase (other owners buy the departing owner's share), entity redemption (the company buys it), or hybrid. Buy-sell agreements typically address valuation methodology, funding (often via life insurance), and triggering events.
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.
Do I need a lawyer to start a small business in Arizona?
For the simplest entity formation (single-member LLC, no investors, no real estate, no employees), you can file with the Arizona Corporation Commission yourself. For anything with multiple founders, outside investors, intellectual property, real estate, employees, or industry-specific licensing, an attorney's review of structure, operating agreement, and contracts pays for itself many times over by avoiding costly disputes later.
Q&As answered by John Banker
Practice Areas
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Office Location
PO Box 977
PO Box 977
Taylor, AZ 85939
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