Common Ways to Resolve Disputes and Deadlocks in a 50/50 Business

At some point in a business relationship, differences of opinion are likely to arise. In businesses where there are equal owners of the company or in a 50/50 business, it is important to ensure that there are carefully drafted governing documents that detail the process for resolving a conflict or impasse. Learn the common mechanisms for resolving such standoffs and give careful consideration when drafting dispute resolution or divorce provision.