I've written about the importance of closely observing,
and following, buyout provisions in your LLC's,
company's or partnership's governing agreement.
Many times partnership or shareholder disputes go to litigation
where there is some ambiguity in communications between the parties
over partnership or shareholder issues, and whether a buyout has
been triggered. Today, we want to talk about the importance of
being strategic and clearly thinking through written communications
with your partner/co-shareholder or co-member about being bought
out. A real life case example from the law books is
illustrative. It shows the risk when communicating with
shareholders, members and partners.
