06Oct
Don’t Wait to Jump Off the Bandwagon: Cutting Ties With a Bad Business Partner (Part 2)
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
On August 12, 2019, Governor Cuomo signed the legislation that was passed by the New York State Asse...
Read More >
The National Labor Relations Board (NLRB) recently unanimously ruled in Prime Healthcare Paradise Va...
Read More >
The City of Duluth, Minnesota’s Sick and Safe Time Ordinance takes effect on January 1, 2020. Dulut...
Read More >
If you’ve been reading this blog long enough, you know that this is my absolute favorite time of th...
Read More >
On June 1, 2020, the Criminal Division of the U.S. Department of Justice (DOJ) released updates to i...
Read More >
This week, Boston Mayor Marty Walsh’s office announced a new protocol for re-starting city construc...
Read More >