Skip to main content

Techniques to Avoid and Resolve Deadlocks in Closely Held Companies (Live Replay from May 16, 2023)

Thank you

Thank you for joining us today.

Description

One of the biggest risks to a closely held company is a dispute among the members of its ownership group. The members may disagree about a major company transaction, the strategic direction of the company, distribution practices, or simply develop ruinous inter-personal issues.

In closely held companies that are held by a single family, disputes are particularly personal, often arising when members of a junior generation succeed to the interests and leadership role of the senior generation. Unless these disputes are carefully channeled into dispute resolution mechanisms, the stability and financial success of the company is threatened.

This program provides a guide to the sources of disputes in closely held companies and mechanisms for resolution, with an emphasis using buy/sell agreements to resolve disputes.

  • Common sources of disputes and deadlocks in closely-held companies
  • Planning and drafting mechanisms to resolve disputes
  • Conflicts over strategic transactions, distributions, or inter-personal relations
  • Practical use of buy/sell agreements to liquidate interest of dissenting member
  • Major elements of buy/sell agreements
  • Alternatives to using buy/sell agreements

Contributors

  • S. Lee Terry

    S. Lee Terry is a partner in the Denver office of Davis Graham & Stubbs, LLP, where he has a broad corporate and securities practice. He advises clients on mergers and acquisitions, joint ventures, partnership agreements, licensing and other technology related contracts. He has an active practice advising private companies, ranging from capital raising and major transactions to dispute resolution and investigations. He also has an extensive securities law practice, including various types of capital raising transactions.

    Earlier in his career, he worked in the Office of General Counsel of the Securities and Exchange Commission.

    Lee earned his A.B. from the University of Michigan and his J.D. from Wayne State University.

    Click here for more information about Lee.

March 19, 2024
Tue 1:00 PM EDT

Duration 1H 0M

This live web event has ended.

For Technical Support
(888) 705-6002
+1 (858) 201-4136*
*for callers residing outside of the United States