Shareholder Disputes
Business partnerships are formed with the best intentions. Unfortunately, in some situations the partnership relationship can deteriorate. Business partners may disagree on the financial, operational, or strategic results and plans for their business. Minority shareholders may feel subject to oppressive conduct by their partners. Owners may feel they are not receiving the expected and deserved return on investment, or may simply feel they don’t receive enough information on a timely basis.
When this occurs, you may find it difficult to sort out the facts and circumstances of the dispute on your own. You may also find it challenging to access current financial and operational information from your business partners.
If this situation happens to you, you need an experienced advisor who can provide you with an understanding of what has occurred, to support ongoing business and legal decisions and to mitigate your risk of loss and liability.
At MNP, our team of forensic professionals combines accounting and investigative expertise to respond quickly and confidentially to any dispute or suspected wrongdoing. We will work with you and your legal advisor to understand the terms of the business relationship in question, conduct a thorough investigation and assist you in resolving the dispute.
As part of this process, we will provide a detailed analysis of financial documents and business records to identify transactions not made in the normal course of business, or that were contrary to the best interests of shareholders. We will also identify and trace assets removed from the business to ensure equity to all stakeholders. If appropriate, our team of Chartered Business Valuators can determine the fair value of your interest in the business so you are well protected and receive what you are entitled to.
Above all, MNP is committed to providing you with peace of mind, so you can get past the dispute and back to business.
For more information on Shareholder Disputes, call Greg Draper, CGA | CFE | DIFA at 403.537.7679 or contact an Investigative and Forensic Services professional near you.