Date: February 29, 2012
Time: 5:00pm - 8:00pm
Event Type: Speaking Engagement
Sponsored By: Bar Association of Montgomery County
Family law attorneys may find themselves in unfamiliar territory when faced with divorcing a husband and wife who own a business together. In most cases, continuing joint ownership of a business after divorce is not feasible. So what do you do with the business? Karen Shapiro and Eric Rollinger will provide insight on the various possibilities including one spouse buying out the other, a sale to a third party and dissolution.
Karen will start with a basic discussion about the different types of entities, the governing documents for each and the types of documents you'll want to make sure you get in discovery. Eric will discuss issues around valuing the business. They will also address other obstacles for divorcing couples who jointly own a business such as employment, benefit, and alimony issues.
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