Finding fair solutions can be more complicated when there is a family business. Often both of the couple will have contributed to the growth of the business in different ways. Both may well have invested a lot emotionally in the business and arrangements can be difficult to disentangle.
Even if only one of the couple has participated fully in the business, the other may have made other sacrifices which have supported and contributed toward success and may also have an emotional tie to the business.
These cases require extra special care.
Court proceedings can be very destructive.
There is also tension between commercial law and family law about how business cases should be resolved.
The Hybrid model of family mediation can be particularly suited to this type of case. The lawyers are fully involved as well as whoever else will assist the finding of a solution. Please look at our mediation pages.
Ian Walker Family Law and Mediation Solicitors is a small business. The creation of our business gives us an insight into small businesses and family business from a different perspective, to other lawyers.
At the end of the day the finding of fair solutions requires the need for everyone to work together to find solutions. If this doesn’t happen the cost implications can be huge.