Business Divorce: Planning for the Exit of a Private Company Owner
Anticipating and Addressing Issues of Asset Division, Compensation, Competition and More
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide business counsel with a roadmap for navigating the thorny issues that arise when a private entity faces a business divorce. The panel will explain how a well-constructed exit plan can help separating owners minimize adverse financial consequences and owner disputes.
- Reasons for exit
- Advance planning
- Legal representation
- Initiating an owner exit
- Form of owner exit
- Purchase price and terms
- Ancillary issues
The panel will review these and other key questions:
- What is a business divorce?
- What legal and business issues commonly arise when one or more owners decide to exit a private company?
- What are the components of a well-constructed exit plan and some best practices for negotiating and drafting such a plan?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Gregory F. Monday
Foley & Lardner
He counsels companies and their owners on governance, operations, and ownership issues, including entity... | Read More
He counsels companies and their owners on governance, operations, and ownership issues, including entity formation/organization, raising capital, securities laws, asset protection, business growth, leadership/ownership succession, acquisition, and exit planning. He stresses long-term planning and contingency planning to help owners protect and realize the full value of their businesses.Close
The heart of her practice involves counseling business leaders through transactions during the entire life of the... | Read More
The heart of her practice involves counseling business leaders through transactions during the entire life of the company, including formation; growth; sale, merger, or winding-up; and business succession planning. She enjoys working with entrepreneurs to bring a business concept to the marketplace, as well as guiding established companies through critical negotiations.Close
Kenneth R. Appleby
Foley & Lardner
He is a member of the firm’s Taxation, Estates & Trusts, and Private Equity & Venture Capital Practices.... | Read More
He is a member of the firm’s Taxation, Estates & Trusts, and Private Equity & Venture Capital Practices. He has a broad tax practice which encompasses the areas of federal, state and international taxation. His practice also includes sophisticated estate planning for high net worth individuals and succession planning for closely held businesses.Close