X
06Oct

Don’t Wait to Jump Off the Bandwagon: Cutting Ties With a Bad Business Partner (Part 2)

Winstead PC | | Return|
As we have noted in previous posts, it can become critical for the majority owner of a private company to remove a business partner who holds a minority ownership stake in the business and who is causing major dysfunction in the company. See “The Devil You Know: Pick Business Partners Wisely and Plan For Problems Ahead” By the same token, a minority investor may desire to exit the business when the majority owner is taking actions that benefit himself to the detriment of the company. This is...
By: Winstead PC
Source Url: https://www.jdsupra.com/legalnews/don-t-wait-to-jump-off-the-bandwagon-58612/

Related

What Every Employer Needs To Know About CBD

The market for CBD products is booming. People are using CBD to treat various health conditions, suc...

Read More >

Updated Guidance Concerning PPP Loans and Changes of Ownership

How is Change in Ownership Defined? On October 2, 2020 the Small Business Administration published ...

Read More >

Be Aware of Potential Legal Restrictions When Implementing a Workplace Weapons Policy

In what has become an all-too-familiar headline, an individual who had recently been terminated from...

Read More >

Reminder: New California Employment Laws Going Into Effect January 1, 2020

• Numerous new California laws going into effect on January 1, 2020, will impact employers and empl...

Read More >

NLRB allows employers to impose an arbitration agreement after class/collective action has been filed

On August 14, 2019, the National Labor Relations Board issued a decision in the case of Cordúa Resta...

Read More >