Family Disputes Brothers Business Case Study 

Family disputes, two brothers were minority shareholders in a construction company, due to ongoing difficulties their employment was terminated they petitioned the court for the defendant their uncle to buy their shareholding and repay £220,000 of dividends that they claimed had been due to them and withheld.

The fact that this dispute concerned finances as well as a family element made it very difficult and very emotional, the nephews had taken over their late father who they claimed had built this company up from nothing and when he ran into financial difficulty his brother their uncle came on board to assist, the uncle contended without his money the company would have gone bankrupt years ago and without his financial contribution and reorganisation it would not have still been a viable healthy company.