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TX Supreme Court: Law Firm Could Not Redeem Partner Shares

The firm’s governing documents did not address redemption, and after the firm terminated a shareholder’s employment, he did not agree to the founders’ proposed redemption terms. ....

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Greetings from the American Bar Association's 2023 LLC Institute | Farrell Fritz, P.C.

Over its three-decade rise to the closely-held business entity of choice, the Limited Liability Company has won a special place in our hearts. The majority of disputes we litigate and. ....

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The Time to Say Goodbye to Your Business Partner: When Subtraction Results in Addition for the Company | Bradley Arant Boult Cummings LLP

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. ....

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How to Part Ways with a Business Partner

Sometimes business partnerships dont work out. It is important for a majority business owner to know what their rights are and how they can and should go about redemption of a minority partners stake when a business relationship is no longer productive. ....

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Second Department Rejects Private Auction for Deadlocked Corporation | Farrell Fritz, P.C.

Resolving ownership disputes with a buyout at auction has a tempting simplicity. The buyout gives the owners the divorce they need. And the auction particularly a blind auction, in. ....

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