Closely held Denver corporations involve a limited number of shareholders who are usually family members. Family-owned businesses are controlled by selected family members who often hold seats on the company’s board of directors or fill management positions within the company. Closely held businesses or limited liability companies reflect the core values of the family in control. When these types of companies are put up for sale, it can be difficult to determine the value of the company due to the limited number of shareholders and, in addition, the valuation process may take some time due to various factors.
Our law firm, Ciancio Ciancio Brown, P.C., handles a wide array of business litigation cases, including those involving closely held businesses. We understand the intricacies of such cases, which is why we exert tremendous effort in finding the best possible solution for each case. If a member of a closely held business decides to sell company stock, we often advise that person to first consider weighing all options. If a client has finally decided to sell his or her stock, we thoroughly study the case to help the client get the best possible price.
When it comes to closely held business disputes, we often advise our clients to negotiate with other shareholders or use alternative methods before choosing litigation. Still, taking the case to court is sometimes the best solution when all parties involved cannot solve the dispute among themselves.
To learn more about business litigation and about ways to solve business issues, readers can visit our website. They may also speak with one of our attorneys who can provide creative solutions for each business dispute.