Takin’ Care of Business: How to Share the Business—the Business, or the Value?
This paper outlines the options available to parties who share an interest in a business that is part of matrimonial property. The paper first discusses negotiated settlements, and then reviews Alberta, British Columbia, and Saskatchewan case law on dividing a business as part of matrimonial property. It also briefly highlights common-law claims to businesses.
This paper is part of a collection presented at LESA’s Business Issues in Family Law Matters program in Calgary on January 17, 2018 and in Edmonton on January 24, 2018.
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