1. Question: Alan Dershowitz, a law professor famous for hiswealthy clients (O. J. Simpson, among others), joined with otherlawyers to open a kosher delicatessen, Maven's Court. Dershowitzmet with greater success at the bar than in the kitchen--the delifailed after barely a year in business. One supplier sued foroverdue bills. What form of organization would have been the bestchoice for Maven's Court? Strategy: A sole proprietorship would nothave worked because there was more than one owner. A partnershipwould have been a disaster because of unlimited liability. Theycould have met all the requirements of an S corporation or an LLC.(See the this section.)
