Business Divorce Attorney in Oakbrook Terrace, Illinois

What types of issues give rise to business divorce?

Chicago, IL commercial litigation attorney Terrance Buehler talks about the types of issues that give rise to business divorce.

More In This Category

View Transcript

00:04
business divorces can come from a number
00:06
of situations i’m involved with one now
00:08
where the the company’s been very
00:10
successful
00:11
and so out of the five original
00:13
shareholders
00:14
they have decided to boot two of them
00:17
out
00:17
and they’re entitled to do that they
00:19
simply have to pay
00:20
fair value for the shares and so it’s
00:24
simply a dispute now over how much
00:28
we can compel them to pay our guy so
00:31
that he can go his separate way
00:33
and presumably start a competing
00:35
business
00:36
yeah i guess that’s the best way i would
00:37
describe a business divorce it’s just
00:39
for whatever reason people get together
00:41
and they’re either successful or
00:43
unsuccessful
00:44
and either way there’s frequently a
00:45
fight over who gets responsibility or
00:48
who has to take responsibility

More Videos From This Lawyer