Our Business and Finance Group is widely recognized as one of the finest in the region. Whether you are executing a bet-the-company transaction or simply updating your standard employment forms, you will have the full attention of an experienced lawyer who asks the questions that haven’t occurred to you yet, who commands a whole spectrum of ways to engineer contract terms to address the issues specific to your business, and who knows how to negotiate – and how to close – to achieve your objectives.
Despite the best of intentions, co-owners of closely-held businesses can find themselves in serious disagreements over the best course of action for the company. When such deadlocks arise, there are instances in which the only way to resolve such a disagreement is to dissolve the company, divide up its assets among the owners or facilitate the sale of a disputing owner’s interest. In these matters we have experience representing the company, minority owners, majority owners, management owners, and non-management owners. We advise our clients on the best ways to efficiently wind down the business, divide the assets or acquire an owner’s interest while simultaneously protecting its and the owners’ interests (depending on whom the Firm represents). When such a process cannot be accomplished amicably, we act as advocates for our clients in the ensuing litigation or arbitration.
Our business lawyers often find that skillful drafting and structuring of the business owners’ relationship on the front end can avoid or minimize disputes over major decisions, or at least provide the parties with a dispute resolution roadmap for ending their relationship. The Firm has represented closely-held clients in a range of industries in connection with the exercise of mandatory buy-sell provisions, so-called “Texas shootout” clauses, and deadlock-initiated arbitration and mediation proceedings.