Vincent Caruso and Flora Alasaly work through a case study of two equal shareholders with no shareholder agreement to discuss what happens when a business loses a partner through death or incapacity.
They unpack the risks of conflict, deadlock, and unintended ownership, and why having more than one owner does not remove succession risk; it just changes it.
The good news is that these risks can be managed if you start the conversation before the crisis can hit.