Business Splits Between Corporate Shareholders or Partners

The Gilreath Law Firm has successfully handled and resolved a number of cases representing the minority owner of a business who was being squeezed out by the majority owners of the business. There are a number of techniques that the majority owner of a business, such as a corporation, LLC or partnership may use to force out a minority partner. This most often occurs in family companies or other closely held businesses. The ultimate objective of the persons in control is to eliminate from the enterprise one or more of its owners or participants. We are extensively familiar with all of the applicable law and the duties owed to the holder of a minority interest. These type situations usually arise from greed and a desire for power, personality clashes, marital discord and family quarrels. We have experience in all of these areas and have successfully litigated cases involving all such situations. If you are the owner of a minority interest in a business enterprise and believe you are being treated unfairly you may have grounds to file an action to remedy your situation and possibly force the majority owners to purchase your interest at fair market value.

The Gilreath Law Firm brings efficiency, effectiveness and expertise to each client experience. Please contact us today at 864-242-4727 or via our online contact form.