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
MBlock Investors, LLC v. Bovis Lend Lease, Inc., etc., et al., 44 Fla. L. Weekly d1432 (3d DCA 2019)...
Read More >
California’s Occupational Safety and Health Standards Board adopted a new safety rule on January 16...
Read More >
On February 1, 2021, the U.S. Federal Trade Commission (FTC) issued for publication in the Federal R...
Read More >
Governor Cuomo directed the Empire State Development Corporation (ESD) on March 27, 2020 to update N...
Read More >
A survey of the country’s most powerful CEOs by the Business Roundtable shows an interesting shift ...
Read More >
The virus that causes COVID-19 has ushered in unprecedented times for our country and our global com...
Read More >