Shareholders disputes resulting in a breakdown of communication between partners is often referred to as “corporate divorce”. It is imperitive that advice is taken regarding the shareholders dispute immediately once any party becomes aware of a problem. It is precisely because shareholders are not aware of their rights or the most appropriate forms of action to take that situations wind up resulting in an unecessary meltdown between shareholders. Furthermore, resolving the conflict before it arrives in court (if possible) is almost always the most cost-effective route.
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