Working with family may seem like a good idea, but it is not uncommon for issues to arise in family businesses. When problems do come about, it can be difficult for parties to determine the best way to handle them since family is involved. However, even blood ties do not always prevent a business dispute that needs legal action.
Minnesota readers may be interested in such a dispute taking place in another state involving a mother and a daughter. According to reports, the mother had started a real estate management company with her eldest daughter in 2005. In 2016, that daughter passed away, and her estate reportedly allowed for the second daughter to become the manager of the company. She managed the company from 2016, but the mother fired her from the position in May of this year.
The mother claims that throughout her time in the position, the daughter did not provide company records or financial information despite requests for that information. Since her termination, the daughter has allegedly still not turned over the information, and as a result, the mother has been unable to properly manage the company herself. The mother has filed suit against her daughter regarding these issues.
A business dispute between family members can add an extra layer of difficulties. However, taking legal action is sometimes the only way to ensure that problems within a company are resolved. If Minnesota business owners are facing similar problems, whether with family members or other parties, it may be in their interests to gain information on their legal options.