Learn about the warning signs, legal rights, and the journey towards reclaiming control when you as a minority shareholder are being forced out. Join us as we delve into the complexities of family businesses and the challenges faced by minority shareholders. 👇
🚩 Signs of Trouble for Shareholders 0:00
Mark and Scott identify warning signs for shareholders facing demotion, altered duties, or isolation within the business. Pat Milan welcomes us to episode 5.
⚠️ Early Warning Signs 3:15
Our host discuss the McGrath case, highlighting the disregard for bylaws and shareholder rights as early indicators of trouble.
📜 Violations of Bylaws & Shareholder Rights 8:35
Scott explains the legal implications of disregarding bylaws and denying shareholders their rights, as seen in the McGrath case.
💼 Family Dynamics & Shareholder Oppression 12:30
Mark and Scott discuss how familial relationships can be exploited in business conflicts, leading to shareholder oppression and legal battles.
🔍 Challenges for Minority Shareholders 14:45
Briol and Benson discuss the difficulties minority shareholders face in accessing information and asserting their rights within family businesses.
⏳ The Emotional & Lengthy Legal Battle 19:20
Mark Briol acknowledges the emotional and time-intensive nature of legal battles, especially in cases involving family dynamics.
🏢 McGrath vs. MICO: A Case Study 21:40
Scott reflect on the extensive litigation and eventual unraveling of a family business due to internal conflicts and shareholder oppression.
📉 Poor Business Practices in Family Companies 24:05
Our hosts consider the prevalence of poor business practices in family-owned companies and the challenges in addressing them.
🤝 Accessing Legal Support & Conclusion 26:10
Briol and Benson encourage shareholders to seek legal support from experienced attorneys to navigate complex commercial cases effectively. We say goodbye until next episode!
For more information and resources, visit our website at briollaw.com. Don’t forget to subscribe for more episodes and share your thoughts in the comments below!
📞 Need help navigating your family business problem? Contact Briol & Benson at 612-756-7777
👁️ Episode 1: Family Business Problems: Expert Solutions for Conflict Resolution
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👁️ Episode 2: Succession Planning: Tips for Transfers of Power in Family Business
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👁️ Episode 3: Sibling Rivalries & Managing The Balance of Power
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👁️ Episode 4: Taylor Swift & Travis Kelce Prenup + Navigating High-Asset Divorce
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