Many closely-held business owners successfully ignore disagreements with co-owners for years or even decades. Understandably, there is always a more pressing and important business matter that merits immediate attention. Also, particularly in family-owned businesses, contentious issues may be “overlooked” to preserve family harmony. Unfortunately, issues that fester for years can suddenly and dramatically spiral out of control and result in expensive, harmful and sometimes embarrassing litigation. Even after litigation is threatened or commenced, or a controversy between owners otherwise escalates, business owners should remain open to the possibility of resolution through means other than litigation. These options, including mediation, are available for co-owners to address contentious issues quietly, economically and with dignity.
Attorney Kevin Douglass discusses how mediation is a powerful tool and can be the key to resolving complex disputes for closely-held business owners.
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Babst Calland attorneys have the knowledge and experience to solve complex legal problems for clients who trust us to put that know-how to work in ways that favorably impact their business and bring greater value to their bottom line.
ASPIRE Pittsburgh Conference
Christian Farmakis will moderate Raising Capital – Financing Your Business: From conventional to non-conventional…and everything in between at ASPIRE Pittsburgh on Thursday, March 21, 2019. Every year ASPIRE connects thousands of local dealmakers, including middle-market CEOs, top PE and VC firms, major lenders and leading service providers. With sessions ranging from raising capital to buying and selling companies to alternative asset investing, this conference covers the breadth of the M&A landscape.
For more information, click here.
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