Business Owner Rights
CLEAN Exit: Negotiating the Partnership or Shareholder Buyout
Published Date: February 27, 2026
Members, shareholders or partners departing from an established business must have a clean exit. Whether leaving on your own or being bought out, clearly define obligations on both sides. Here are some of the considerations to keep in mind when negotiating and documenting a CLEAN exit. C Clearly defined financial obligations on both sides and compensation to the departing partner [...] Read More
If Your Shareholder or Partnership Agreement is Ancient and Has Not Been Followed For Years, Can You Argue that It Has Been “Abandoned” In Order to Avoid Its Terms?
Published Date: February 4, 2026
In several shareholder disputes we have handled, the other side has attempted to argue that a shareholder agreement executed years prior by the shareholders, had fallen into disfavor and was not typically followed, such that it had become “unenforceable” because it was “abandoned.” The driver in both cases was the existence of strong non-compete language in the underlying shareholder agreement. [...] Read More
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