What Happens When a Shareholder Wants to Exit a Closely Held Business?

A well-drafted buy-sell agreement provides the clearest exit path, but shareholders without one still have options including negotiated buyouts and statutory remedies.

Closely held businesses, including family companies, small corporations, and partnerships with limited owners, present unique challenges when a shareholder wants out. Unlike publicly...

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Should You Require a Veterinary Pre-Purchase Exam Before Buying a Horse?

Veterinary pre-purchase exams give buyers a clear look at a horse’s health and soundness before finalizing a sale. These exams can identify conditions that could affect the horse’s ability to perform or stay healthy long-term. Buyers can use the results to decide whether to move forward, negotiate the price, or withdraw. A...

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