Available in:

OnDemand Course

Successfully Navigating a Business Divorce: The Importance of a Corporate Prenup

Learn how to successfully create a corporate prenup and avoid conflicts when partners leave the business.

This topic will review conflicts that frequently arise between majority owners and substantial minority investors in private companies. Learn how to successfully create a partner exit plan, sometimes known as a corporate prenup, which helps avoid conflicts when partners leave the business. Review legal remedies available to minority investors when they think that their rights have been violated by the company's majority owners. This topic will also discuss concerns that arise when business divorces occur in a marital divorce proceeding and involve the division of marital ownership interests in private companies.

60 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Business Divorce Explained

Issues Causing Conflicts Between Business Partners - Conflict Avoidance Strategies

Key Elements of Corporate Governance Documents

The Precursor to Business Partner Litigation - Two Sides of the Coin

The Law of Shareholder Oppression

Get a Corporate Prenup/Partner Exit Plan in Place

Elements of Buy-Sell Agreement

Valuation Questions

Structuring Buyout of Partner Interest

Non-Equity Options to Consider That Provide Incentives

Derivative Claims by Minority Owners

Common-Law Partnerships

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on December 10, 2021.

Call 1-866-352-9540 for further credit information.

  • CA MCLE 1.0
     
  • Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ladd Hirsch

Ladd Hirsch

Bradley Arant Boult Cummings LLP

  • Partner in the Litigation Section of Bradley Arant Boult Cummings LLP’s Dallas office
  • Practice focuses on handling business divorce matters on behalf of both majority owners and substantial minority investors in private companies
  • Frequently speaks on this topic at CLE presentations and also to business owners and investors
  • Successfully tried oppression case for minority shareholder in 2009 securing $85 million dividend
  • Secured sizable arbitration award for purchaser of commercial shopping center to recover for seller’s failure to repair substantial property damage and successful pursuit of recovery in resulting seller’s bankruptcy filing
  • Negotiated and documented numerous confidential settlements on behalf of majority business owners purchasing the minority interest held by minority investors
  • Similarly negotiated and secured buyouts of favorable terms for numerous minority investors of their ownership interests in private companies
  • Frequently structure business divorce settlements in marital proceedings to arrange for division of marital estates involving ownership of private companies
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 409505
Published 2021
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!