By: Doug McCullough
Share This Post
Partnership Buyouts to Resolve Disputes
Nobody wins in a partner dispute that goes to litigation. The best result is often a buyout and settlement of all claims between the partners and with respect to the company. Working out a buyout and settlement is easiest when the partners have a pre-existing buy-sell agreement already in place. A buy-sell agreement (or shareholder agreement) is like a prenuptial agreement among business owners. It provides an orderly way to resolve a dispute and governs share transfers.