‘Til Death Do We Part: How Not to Get Rid of a Business Partner

Nina L. Kaufman, Esq.

Nina L. Kaufman, Esq.

Nina L. Kaufman, Esq., owner of Ask The Business Lawyer, is an award-winning business attorney, speaker, and Entrepreneur Magazine online contributor. She saves consulting and professional services companies time, money, and aggravation by serving as their outsourced legal counsel.

Posted on October 29, 2016 in Business Partners, Disputes

From the Department of “Was that form of exit strategy written into our partnership agreement?” comes this story from the Chicago Tribune of an Illinois business partnership gone wrong.  Apparently, the home rehab business — started by two friends — was experiencing financial difficulties.  It seems that one partner wanted to take out more money to fund her wanna-be lifestyle.  When the other balked, she was brutally stabbed.  The attacker-partner was sentenced to 35 years in prison.

Make you wonder:  with friends like that, who needs enemies?

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