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Blogs > Shareholder Disputes in New Jersey

Preparing For Business Divorce Litigation

Jun 28, 2021

New Jersey Shareholder Oppression: Mismanagement

Often a minority shareholder will seek to sue for a business divorce because they believe their business partner is stealing from them. But there are many things your business partner could be doing that could potentially harm the company short of stealing money from it – including making horrible business decisions and mismanagement of the company. » Read More

May 07, 2021

Are the Costs and Disruptions of Business Divorce Litigation Worth It?

Nobody looks forward to litigation, as the costs of both time and money can be extreme. And business divorce litigation can be terribly disruptive to the company the owners are fighting over. Consequently, majority owners often do not take threats of litigation seriously. » Read More

Mar 29, 2021

Business Divorce Litigation Considerations: Strength in Numbers or Should You Go It Alone?

Often a minority shareholder who has issues with the majority owners and wants “out” is not alone; often more than one minority owner has the same, or at least similar, issues or complaints. But is “strength in numbers” always a good thing?  » Read More

Nov 23, 2020

If Your Partner Won’t Give You (Accurate) Information, Subpoena the Accountant

The key to winning a shareholder oppression case can sometimes be as simple as getting the information you need; and the key to that can sometimes be a reluctant accountant. Often, the company’s accountant will have the key to the case because he or she knows “where the bodies are buried.” » Read More

Oct 21, 2020

Pushing for the Documents You Need May Be Costly, but Not Pushing May Cost More

No one wants a trial, especially in business divorce litigation. Trials can be messy, expensive, and have a debilitating impact on the company. For example, a valuable CFO caught between warring factions of owners is a prime candidate to start circulating her resume. » Read More

Jun 03, 2020

Majority Shareholder Threats May Backfire

If you are having an ongoing issue with your business partner and you attempted to discuss it, how did he react when you started raising concerns about the manner in which he was running the company? If he is like many entrenched majority owners who have let their power and authority go to their heads, his initial reaction was a threat. » Read More

Mar 27, 2020

While Filing a Shareholder Oppression Claim Might Be the Last Thing on Your Mind Right Now Due to the COVID-19 Virus, Waiting to File Could Potentially Prejudice Your Valuation

The world has changed. The COVID-19 virus is impacting everything and everyone, and certainly only the most fortunate of businesses will not be adversely impacted. If you as a business owner have reason to believe that you are an oppressed minority shareholder with the right to file suit against your fellow shareholder(s), it is easy to conclude that you perhaps should hold off on filing that shareholder oppression claim, at least until some semblance of normalcy has been restored. » Read More

Jan 21, 2020

Have Your Business Divorce Attorney Retain a Valuation Expert on Your Behalf – Don’t Do It on Your Own

A year-and-a-half ago, on June 5, 2018, I wrote “A Valuation Expert in Business Divorce Litigation Can Help Early On” about the value of retaining a valuation expert early on. Knowing what your shares may be worth can be an invaluable tool when approaching negotiations relating to being paid for those shares, or in determining whether or not shareholder dispute litigation may be cost-effective. » Read More

Jan 13, 2020

Potential Alternatives to Shareholder Dispute Litigation in Your Business Divorce

Shareholder dispute litigation may often be an effective way to achieve a remedy for wrongdoing committed by the majority, such as getting paid for your shares. However, filing litigation against your business partners may not be the most cost-effective way of obtaining such relief. » Read More