Mediation Conflict Resolution Alternative to Lawyer Court
HotConflcit.com
If you are interested in finding out more about Mediation or have a conflict or dispute, consider going to Mediation as an alternative to going to court.
legal fees and lawyers are very expensive and Mediation can save thousands for the average person.
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If a president of small corporation were to buy land that the business sets, would that be a conflict?
I own 43% of a corporation that operates a business on a certain piece of property. This property was recently purchased by a stockholder that has 51%. It was purchased individually by him. Would this be a conflict of interests or against any laws, where he is not acting in the best interest of the corporation? The corporation could have easly afforded this purchase
GWat,
This is actually the correct thing to do from a tax and liability perspective. It would have been appropriate to offer you the opportunity to purchase the land along with him if you were so inclined and had the resources to do so. Other than that, there is no breach or conflict.
Good Luck,
Dana B.
