On this episode, host Michael Clear is joined by Wiggin and Dana Litigation Partner Joseph Merschman. Joe and Michael explore the concept of “business divorce,” referring to conflicts among co-owners of closely held companies. These disputes often arise from family tensions, unequal contributions, or shifts in the business’s direction. The episode highlights the importance of involving legal counsel early in the process, as most cases are typically settled, often through buyouts or even the sale of the business.

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Photo of Michael T. Clear Michael T. Clear

Michael is the Chair of our Private Client Services Department where he leads our group of over 30 lawyers and allied professionals.  As a Partner in the firm’s Private Client Services Department, Michael regularly counsels clients on the far-reaching financial implications of estate…

Michael is the Chair of our Private Client Services Department where he leads our group of over 30 lawyers and allied professionals.  As a Partner in the firm’s Private Client Services Department, Michael regularly counsels clients on the far-reaching financial implications of estate planning, estate and trust administration, probate litigation, and business succession planning. Yet he is also a trained counselor with insight into the family dynamics these matters can effect. Known for his empathy and good humor, he helps clients take prudent action in the face of indecision, hopefully resolving contested issues before litigation. He is also a member of wiggin(x).

Photo of Joseph C. Merschman Joseph C. Merschman

Joe is a Partner in Wiggin and Dana’s Litigation Department and has extensive experience in complex commercial litigation and arbitration. Joe represents clients in a wide variety of industries, including health care, insurance, biotech, manufacturing, technology, and real estate, and clients include multi-national…

Joe is a Partner in Wiggin and Dana’s Litigation Department and has extensive experience in complex commercial litigation and arbitration. Joe represents clients in a wide variety of industries, including health care, insurance, biotech, manufacturing, technology, and real estate, and clients include multi-national corporations, closely held companies, family businesses, and individuals. Joe has significant experience in matters involving business torts, breach of contract, intellectual property, and securities. Joe also regularly represents the owners of private companies in “business divorces” and other disputes with their partners and investors.