The firm was retained by a minority shareholder to resolve a management dispute over the direction of a food and beverage company it was heavily invested in. The firm negotiated an agreement among the three owners and managers to restate the operating agreement to allow non-unanimous management decisions and reduce personal exposure to company debts, to allow the company to move forward profitably and grow. The company has operated successfully since. Based on the firm’s efforts, management terminated its prior law firm and retained the firm to counsel it in future endeavors.
Counsel: P. Randolph Finch Jr., Daniel P. Scholz, and Matthew D. Seeley