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Once a complaint is filed, then anybody
can go and look that up and see that
there is a a a dispute between the
owners and that can have an impact on
the business and then in turn the
shareholders and the value that they
have. It could impact employee morale.
It could impact customer trust in the
business. And so obviously depending on
the circumstances, if there’s not a need
to quick rush to the court to get a
temporary injunction or to try and
prevent money going out of the business,
I think it’s a good idea to explore
resolution early on before the case is
filed. Once that litigation card is
laid, it’s played and you can’t take
that back. And there’s a lot of value to
a company and not having a public uh
dispute between its owners being filed.
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Oakdale, MN commercial litigation attorney Brandon Schwartz talks about the advantages of seeking a resolution to a shareholder dispute before filing a complaint.
