New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

Implied-in-fact Contract

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Must a Professional Corporation Redeem the Shares of its Retired Shareholders?

By Peter J. Sluka on July 3, 2023

Posted in Buyout, Compulsory Buyout, Professional Corporations

This week’s post discusses what happens when shareholders of a Professional Corporation retire without an agreement governing the redemption of their shares.
Continue Reading Must a Professional Corporation Redeem the Shares of its Retired Shareholders?

Business Divorce Roundtable Podcast

Hosted by Peter A. Mahler, Partner

The Business Divorce Roundtable presents lively conversations with top experts from a variety of fields – lawyers, judges, mediators, appraisers, accountants, and academicians – on the legal and practical issues including business valuation that business owners and their professional advisors need to know to navigate the turbulent waters of a business partnership breakup.

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