The term business divorce has become a popular way to describe the separation of an owner (or owners) from a business. Much like marital divorces, business divorces can become hotly contested. Business owners who, in many cases, are also the founders often find it difficult to leave a business after giving so much of themselves to help it grow.
Similar to the way Lacy Malone Ryder & Menefee, PLLC’s business law team is experienced and knowledgeable when it comes to setting up a new business, we also regularly advise founders and business owners through their business divorces. To do so effectively, it is critical to maintain a feel for the emotional aspects that will undoubtedly arise, but to also understand the governance issues and business challenges that the companies at issue will face during such complicated times.
Our ability to bring creative ideas to our clients and utilize proven strategies help us consistently deliver positive outcomes.