In this episode of Divided Dynasties, we explore the complexities of family dynamics, company valuations, financial negotiations and emotional turmoil as one family member seeks an exit strategy.

Join us as we unravel the story of Kim Lund, granddaughter of Lund's groceries founder, Russell Lund Sr., who simply wanted out of the family business.

Gain insights from legal experts Mark Briol and Scott Benson as they navigate the murky waters of family business disputes and shareholder rights, offering invaluable lessons on timely resolution and fair market valuation.

👨‍👩‍👦 Family Feud Background 0:00
We provide an overview of the episode, highlighting the family feud within the Lund family.

🚪 Family Dynamics & Kim's Exit Strategy 4:34
Our hosts explain the background of the Lund family, and introduce Kim, the granddaughter who wanted out.

👊 Sibling Resistance to Kim's Departure 6:17
Milan poses questions about the situation around Kim's departure of the family business, including valuations and the decades-long fight between siblings.

🧑‍⚖️ Role of the Judge & Fair Market Value 9:31
We discuss the role of the judge and complexities of determining fair market value.

⏩ Expediting Resolution 13:41
Mark & Scott discuss the need to 'push' toward the trial date, in order to expedite these long family feuds.

🔍 Kim's Outcome & Reflection 15:01
We speculate on Kim's satisfaction with the settlement and reflect on the case.

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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👁️ Episode 5: Minority Shareholder Rights: Protecting Yourself Against A Force Out
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👁️ Episode 6: How Greed Can Unravel a Family Business
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