Internal Business Disputes
Power plays. Philosophical differences. Fraud allegations. Cashing out. Conflicts among stakeholders can threaten the very existence of the business and create complex legal issues requiring sophisticated representation. The business litigation attorneys of O'Reilly Rancilio have extensive experience asserting the legal rights and financial interests of shareholders or business partners in these disputes, and protecting the business itself from the fallout.
Our law firm has represented co-owners, majority and minority shareholders of corporations, limited liability companies, partnerships, and professional associations. Based in Sterling Heights, we provide trial advocacy and alternative dispute resolution services to clients in Macomb County, the Detroit area, and throughout Michigan.
Shareholder and Corporate Litigation
Our attorneys are knowledgeable about the specific rights and remedies for shareholders under the Michigan Business Corporation Act, including Section 541(a) claims. We have initiated and defended all types of lawsuits over ownership and control of companies:
- Corporate and partnership dissolution
- Breach of fiduciary duty
- Minority shareholder oppression
- Enforcement of buy-sell agreements
- Employment agreement litigation
O'Reilly Rancilio routinely handles disputes in succession of family-owned businesses, as in a recent case of a company owned by three brothers and two employees in which we represented one brother who wanted to be bought out as the next generation was taking the helm. Through lengthy arbitration, we resolved the complex issues of determining the value of his share.
In a similar big case that resulted in a reported decision, we went to trial to over one faction's move to put the second generation of owners in control to the detriment of the other shareholders and the value of their stake.
The legal team at O'Reilly Rancilio includes accomplished arbitrators, mediators, and trial lawyers, and we have the in-house acumen to address business valuations, tax ramifications, business succession, and other issues involved in civil litigation of internal disputes.