Divorcing Florida couples who own a business may benefit by mediation
by
Daniel M. Copeland on Mar. 03, 2015
Business Contract Divorce & Family Law Family Law
Summary: Florida couples often go into business together. When the relationship is going well, the business usually does as well. Yet when that relationship ends in divorce, the business can go downhill fast.
If both parties, however, are willing to enter into divorce mediation to help them sort through their issues, they can have a better chance of saving their business, helping both of the parties.
One couple in the news recently, for instance, were co-owners of an ice cream store. When they were divorced, they could not agree on all of the issues involved in their divorce. Even though they have been divorced for well over a year now, they are still in the middle of a heated court battle concerning their business.
The ex-husband petitioned the court to ask for the dissolution of the business, claiming that he wants no further financial responsibility for the shop. He further claims that his former spouse is trying to squeeze him out of the business and that she is searching for a new investment partner.
She, on the other hand, states that the business started from her idea. Furthermore, she claims that her ex-spouse raked in profits from the business while she did all of the work. She wants to keep the business open, and hopes that that the former couple can agree on a compromise so that the business stays open.
If the couple in this story could have left their differences behind at the door and entered into divorce mediation, the situation might have turned out very different. Mediation can help Florida couples reach a compromise on enough issues to keep the business going. When a couple can work together to settle many of their problems without taking the matter to a judge, the couple has a better chance to have their issues resolved in a way that benefits both parties themselves, as well as their business.