Corporate Divorce | Preventing and Managing the Break-Up of a Business Partnership

In this episode, Kimberly Kamkar is joined by corporate law partners Patrick Richard, Anna Tang and Doug Schwartz to explore the complexities of business "break-ups." They discuss essential practices for future planning, the importance of having well-drafted agreements such as shareholder or partnership agreements, and various dispute resolution mechanisms. They emphasize the role of mediation, arbitration and careful partner selections to manage disputes effectively. Asset division, non-compete provisions and strategies to protect business interests post-separation are also discussed. This episode, the first in a new series focusing on corporations, is intended to provide insightful guidance for business owners to plan in advance in order to minimize conflict, costs and complications.