Bradley
Bradley
Bradley
Description: Bradley’s Business Divorce blog is a resource for majority owners and minority investors in private companies and for spouses with complex property issues arising in marital divorce proceedings.
A business and legal resource for majority owners and substantial minority investors in private companies and for spouses and their advisors in marital divorce proceedings that involve complex business ownership and property issues
Successful private company owners often share the traits of having vision, passion and a strong sense of purpose. That does not mean that they govern their companies without having any disagreements with their minority partners. In fact, it is common for business partners to have divergent views about the company and its growth plans, because there are different ways to grow a business successfully, and when challenges arise, the best path forward is not always clear. When a majority owner has serious dispu
The first question the majority business owners need to answer when serious conflicts arise with their business partners is whether it is even possible to secure the redemption (exit) of partners who hold a minority stake in the business. In other words, does the majority owner have a valid contract right to remove a dysfunctional business partner from the company? This legal means will exist if the majority owner has a buy-sell agreement in place or some other means to trigger a redemption of the minority
Bradley
Bradley
Bradley