FAQ’s on Business Exit Planning and “Corporate Divorce” (or “Business Divorce”)
…ss entity. As a result, the majority owner(s) might expel a minority owner from employment, terminate contingent incentive compensation and possibly buy-out the minority owner. If mismanaged or hostile, corporate divorce hurts all owners, employees and customers because the enterprise loses its dynamism due to internal distractions, harming employee morale, new business opportunities, new product development, cash flow and enterprise value. On a b…