Moritt Hock & Hamroff Launches Business Divorce Practice Group

Multi-disciplinary team capable of handling complex breakdowns and negotiations in relationships among owners

NEW YORK--(BUSINESS WIRE)--Moritt Hock & Hamroff, a New York-headquartered commercial law firm, is pleased to announce the formation of the firm’s Business Divorce Practice Group. Chaired by litigation partner Stephen J. Ginsberg, the group is comprised of a team of highly experienced attorneys focused on resolving complex disputes between co-owners of closely held businesses.

The launch of this practice group coincides with significant technological advancements that have increased corporate efficiencies, across a range of industries, resulting in significantly increased profitability, cash flow, and business valuations. As growth has accelerated, many existing business relationships and responsibilities have become untenable. Combined with a rise in founder retirements and unfeasible succession plans, these shifts are driving a surge in disputes among business owners, including conflicts relating to dissolution, the sale of a company or certain of its assets, ownership rights and compensation, succession planning, and buyout disagreements.

“Whether they stem from deadlock, financial misconduct, or just differing visions for a company’s future, partnership disputes can be as intense as any personal split, frequently charged with emotion and requiring significant time, energy, and strategic expertise to resolve,” said Stephen Ginsberg. “The Business Divorce Practice group will draw on the full breadth of our firm’s experience in resolving commercial disputes, which spans a range of sectors including eCommerce, healthcare, finance, real estate, fashion, professional services and automotive sales."

This announcement follows in a series of recent expansions for Moritt Hock & Hamroff across the firm’s national footprint, including the acquisition of the Fort Lauderdale boutique firm Saavedra Goodwin, and the addition of attorneys Susan Coleman and Michael Kwiatkowski.

“We’re thrilled to announce the launch of the Business Divorce Practice Group, which reflects our extensive commercial litigation capabilities, while building on the expertise we offer to clients nationwide,” said Michael Cardello III, Managing Partner at Moritt Hock & Hamroff. “Stephen has assembled an exceptional team of attorneys with a deep understanding of the unique sensitivities involved in working with closely held businesses and their owners.”

About Moritt Hock & Hamroff LLP:

Founded in 1980, Moritt Hock & Hamroff LLP is a 100 -attorney full service commercial law firm that provides a wide range of legal services to businesses, corporations and individuals worldwide from its offices in New York City, on Long Island and in Florida.