The Prenuptial Agreement for the Business Divorce

We have written extensively about shareholder, stockholder and partner squeeze outs and freeze outs (otherwise known as business divorces) and much of those conversations deal with tactics, strategies, responses and counter responses once the squeeze out or freeze out is underway. Another view is to deal with issues of ending the stockholder or partner relationship…

Legitimate Business Purpose or Minority Oppression?

When a minority shareholder or partner of a corporation, limited liability company (LLC) or partnership is terminated from employment with the company, the terminated stockholder or partner will likely claim damages as the victim of minority oppression.  This could subject the majority stockholders, LLC members or partners as well as the corporation, partnership or limited…

Squeeze Outs: Surprise After Surprise

In the course of our representation of shareholders, partners, corporations, partnerships, Limited Liability Companies (LLC) on both sides of a freeze out or squeeze out, we have observed a repeating frequency of surprises facing the individual being frozen out or squeezed out.  If you are the individual being frozen out or squeeze out then from…

Competing With Former Employers

When employees leaves companies, it is often an issue whether or not they may compete with their former employers.  This situation is frequently faced by minority shareholders who have been the victims of a corporate squeeze out.   Often the business of the corporation is the only business that the shareholder knows. Non-competition or confidentiality provisions…