Shareholder Dispute Solved
Moritt Hock & Hamroff’s multi-disciplinary expertise was instrumental in resolving a long-running dispute between shareholders in a large group of family-owned businesses. The businesses were involved in real estate development, construction, real estate management and other real estate related investment activities.
We were retained to represent one of the two shareholders in the businesses in negotiations aimed at restructuring the existing business model and ownership. When initial negotiations were unsuccessful and the adverse party commenced litigation, our litigation group stepped in to continue to represent our client’s interests. After the close of discovery in a contentious litigation, we were able to utilize our corporate, tax and litigation groups’ expertise, to negotiate a very favorable settlement for our client that:
(1) restructured the ownership and management of the businesses to his satisfaction;
(2) settled all inter-company accounts;
(3) provided for a substantial payment to our client; and
(4) was structured in such a way as to maximize the tax benefits and minimize the tax liabilities associated with the restructuring.