What advice do you frequently give to clients in business divorce cases?
San Francisco business litigation attorney, Bahram Seyedin-Noor, discusses the advice he frequently gives to his clients in business divorce cases.
Phone: (415) 868-5602
One of the things that we work very, very carefully on when advising on a business divorce is contingency planning. When you’re in a small business and say it’s only two or three individual running it there is a chance that you can’t reach an amicable settlement outside of litigation so the party that we’re advising needs to be very clear on what plan B and plan C are. Because sometimes it’s not worth staying in litigation for three years in a company where there’s only two people running it oftentimes, it makes more sense to just dissolve the entity or for one party to withdraw from it. And so that’s a very important part of our advice to individuals that are in a business divorce.