Case Studies
Family Business - Advocates for Resolution
Friday, January 22, 2010
The Challenge:
A multi-generation family-owned company displayed seemingly irreconcilable disputes threatening the financial assets of all family members. D+H Group rose to the challenge of settling the differing philosophies of each family member.
- A local family-owned (five siblings) company with a sizable real estate portfolio had a seemingly irreconcilable dispute which threatened to negatively impact the asset base of all family members
- The multi-generational family had diverse philosophies (long-term vs short-term)
The Solution:
A resolution team was assembled including the D+H Group, lawyers, and various business professionals to resolve this culturally sensitive legal matter. The family members were presented with the opportunity to express their individual views and were ultimately persuaded to opt for mediation vs arbitration. The resolution, 18 months later, appeased all members, and an acceptable action plan was implemented. These actions showcased D+H Group’s mediation capabilities, which resulted in a long-term client.
- The culturally sensitive legal matter required sensitive input from all parties (grandparents, siblings, grandchildren, in-laws, etc.).
- The resolution team assembled included the D+H Group, lawyers, and various business professionals
- The team was able to persuade the family to embrace mediation vs arbitration
- 18 months later, all members were appeased; an acceptable action plan was implemented
- Many family members became long-term clients of D+H Group
- Delivery of services included:
- In-depth Consultation
- Mediation and Facilitation
- Risk Assessment on strategic plans
- Key Tax Recommendations
- Implementation Planning
- Tax Planning
- Legacy Building
- Succession Planning