Successful private company owners often share the traits of having vision, passion and a strong sense of purpose. That does not mean that they govern their companies without having any disagreements with their minority...more
Private growth companies have ups and downs – only rocket ships tend to go straight up. Therefore, it can be difficult for an investor holding a minority stake in a private company to know whether a challenging time for the...more
2/1/2023
/ Business Divorce ,
Business Litigation ,
Emerging Growth Companies ,
Investment ,
Investors ,
Majority Shareholders ,
Minority Shareholders ,
Partnerships ,
Private Company Shares ,
Private Equity ,
Private Equity Firms
Following a challenging year for business owners, the time to decompress and celebrate with family and friends this holiday season provided a necessary respite. When business resumes, however, there are important action items...more
The seven-year anniversary of the Texas Supreme Court’s decision in Ritchie v. Rupee has come and gone, and the court’s holding from 2014 remains the law: Minority shareholders in Texas private companies do not have a cause...more
3/8/2022
/ Breach of Contract ,
Business Divorce ,
Business Litigation ,
Business Ownership ,
Closely Held Businesses ,
Corporate Governance ,
Derivative Suit ,
Documentation ,
Fiduciary Duty ,
Fraud ,
Majority Shareholders ,
Minority Shareholders ,
Private Company Shares ,
State and Local Government ,
Texas
Disagreements are common between business partners in private companies, but most do not lead to a partner exit. When partner conflicts become severe enough to warrant a business divorce, however, majority owners and minority...more
3/8/2022
/ Business Disputes ,
Business Divorce ,
Business Ownership ,
Business Partners ,
Buy-Sell Agreements ,
Corporate Counsel ,
Dispute Resolution ,
Majority Shareholders ,
Minority Shareholders ,
Prenuptial Agreements ,
Private Company Shares