Can I simply remove my business partner?

Only if your governing documents or the statutes give you a mechanism — removal of a manager, redemption of shares, or a buy-sell trigger. Otherwise, removing an owner generally means buying them out, negotiating an exit, or litigating toward one.

What is my ownership interest actually worth?

That is usually the whole case. Fair value in a court-supervised buyout may differ substantially from what a co-owner offers you in a hallway conversation. Do not anchor to the first number you hear.

Will this destroy the company?

It doesn't have to. A significant share of business divorces settle with the company intact — one side out, one side in control, price and terms negotiated in the shadow of the litigation. Speed and discretion are usually in everyone's interest.

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Business Litigation

Business Partner Disputes in California: Buyouts, Fiduciary Claims, and Business Divorce

Buyouts, dissolution, and fiduciary duty claims — the tools California law gives co-owners of LLCs, corporations, and partnerships when the relationship breaks down.

Co-owners of a California company negotiating a buyout with business litigation counsel

Category: Business LitigationDracup & Patterson

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