Partnership & Shareholder Disputes
CRAWFORD, WISHNEW & LANG represents clients in partnership and shareholder disputes, including disputes between members of closely-held corporations and limited liability companies. Often, these disputes involve claims for breach of fiduciary duty or allegations of self-dealing, misappropriation, or breach of the governing documents. These disputes are often complex and contentious.
We work diligently to gain early control over the facts and law of the case to secure the desired resolution for our clients. Our representations include:
-The widow of the co-founder and 50-percent owner of a nationwide, family-owned business in a case when the other side of the family attemtped to cut the client out of the business - and had secretly funneled millions of dollars to themselves through improper compensation and payments to wholly-owned entities. Obtained an eight-figure settlement on behalf of the client - and did so one week after filing the lawsuit.
-A member of a limited liability company in defense of claims for breach of fiduciary duty and breach of contract. Secured summary judgment dismissing the plaintiff’s claims and allowing the client to separate from the other members and retain proceeds from deals entered into in competition with the previous company.
-A minority shareholder in closely-held business in prosecuting claims of breach of fiduciary duty and shareholder oppression by majority owners. Obtained substantial settlement on behalf of the client - and did so less than a month after filing suit.
-Minority owners of a healthcare company bringing claims for breach of contract and breach of fiduciary duty. Secured a seven-figure trial verdict on behalf of the clients.
-The CEO of a company in defense of claims for breach of fiduciary duty. Obtained dismissal following a nominal settlement.
-An officer of a distillery in defense of allegations of breach of fiduciary duty. Settled the case favorably for the client before trial.
-A company and its CEO against claims brought by minority owner for breach of fiduciary duty and fraud. Successfully negotiated a complex buyout of ownership.