Breaking up is hard to do. Business partners don’t always get along or agree.
Chicago, IL (PRWEB) December 20, 2016
Many people do not understand the specialization that the legal industry has undergone in the past several decades. Just as one would not go to a dermatologist for lung cancer, one would not ask a tax attorney to defend a DUI. But the specialization goes even deeper: litigation over commercial disputes should be handled by someone with deep experience with such disputes; the best criminal defense attorney or divorce litigator is simply not the likely best choice because, among other reasons, issues tend to repeat themselves. This is not to say that once an attorney has done one “xyz case” she is an expert at all “xyz cases,” but the truth is that the expression “the practice of law” exists for good reason. This Financial Poise Webinar series explores four common litigation scenarios involving complex financial issues.
The first episode of the series, Common Issues and Strategies in Business Breakups (Register Here) is available on-demand now and features moderator Erin Hollis of Marshall & Stevens. She is joined by Katherine Puffer of VH Valuations, Gerald DeLoss of Greensfelder Hemker & Gale and Leland Chait of Sugar Felsenthal Grais & Hammer.
Breaking up is hard to do. Business partners don’t always get along or agree. In Episode One, we discuss common issues and strategies regarding business breakups: preventative breakup strategies, common breakup issues and strategies to cope with a breakup. The discussion includes issues that cause breakups; what is breach of fiduciary duty; when family members can’t get along; shareholder oppression and dissention; majority rules and minority power; contractual restrictions; limited withdrawal and dissolution rights; and resolutions. Also included is an examination of valuation clauses in stockholder and partnership agreements and the impact state statutes may have on valuation issues. To read more on this subject, you can click here.
Later episodes include Nuts & Bolts of Lost Profit Cases, Resolving Shareholder Disputes, and Defending Against "Avoidance Actions." Each episode is delivered in Plain English understandable to business owners and executives without much background in these areas. Yet, each episode is proven to be valuable to seasoned professionals. As with all Financial Poise Webinars, each episode in the series brings you into engaging, sometimes humorous, conversations designed to entertain as it teaches. And, as with all Financial Poise Webinars, each episode in the series is designed to be viewed independently of the other episodes, so that participants will enhance their knowledge of this area whether they attend one, some, or all of the episodes.
About Financial Poise™:
Financial Poise™ (http://www.financialpoise.com) provides unbiased news, continuing education, and intelligence to private business owners, executives, investors, and their trusted advisors. For more information contact Emily Goldin at egoldin(at)financialpoise(dot)com or 312-469-0135.