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Born in Minnesota, USA in 1955; studied Business Administration - Accounting, graduating in 1977 and obtaining CPA license. Worked in corporate accounting environments, eventually becoming a technical translator while living in Chile. Married, one son.

Law & Justice > Lawyers & Legal Advice Legal information: Business litigation: Issues arising after shareholder departure

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When a shareholder leaves a company, various issues can arise regarding the shareholder's legal liability and obligations to the company, and how the shareholder's stock in the company should be transferred. How these issues are handled depends on the individual circumstances involved, the reasons for the shareholder's departure, and to a great extent the intent of the original shareholders and the agreements reached between them. One of the primary concerns is how the company's equity is allocated, initially and over time. The shareholder's interest may be based on contributions of cash, ...

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