#business-succession

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fromIndependent
1 week ago

O'Callaghan hotels patriarch Noel O'Callaghan claims his lawyers were secretly recorded by son Paul

The family row that has rocked one of Ireland's major hotel chains has taken a fresh twist, with a new lawsuit alleging lawyers and financial advisers acting for hotelier Noel O'Callaghan were covertly recorded by his son.
Law
#employee-ownership
fromFortune
1 week ago
Fundraising

Newman's Own CEO on steward ownership: succession when you don't want to sell | Fortune

Fundraising
fromFortune
1 week ago

Newman's Own CEO on steward ownership: succession when you don't want to sell | Fortune

More than six million small and medium businesses may change ownership by 2035, creating a $5 trillion sale opportunity alongside major succession and legacy concerns.
UK politics
fromBusiness Matters
2 months ago

Farmers launch High Court challenge over inheritance tax reforms amid consultation row

Farmers and business owners are challenging the government's inheritance tax reforms through judicial review, claiming ministers unlawfully failed to properly consult on changes affecting Agricultural Property Relief and Business Property Relief.
fromwww.cbc.ca
3 months ago

Selling to a U.S. company was an endgame for many Canadian businesses. The government is trying to change that | CBC News

Aaron Schroeder's company wasn't for sale, yet the offers kept coming. For years, the Vancouver-based climate engineer received a few unsolicited bids every month, sometimes a couple every week. The offers were often from larger companies and hedge funds, especially those based in the United States. When Schroeder was ready to sell Brightspot Climate, an engineering consultancy with offices in Vancouver, Calgary and Toronto, he decided to go in a different direction and create a special trust to make all 40 of his staff owners.
Canada news
Non-profit organizations
fromFortune
5 months ago

Following in Paul Newman and Yvon Chouinard's footsteps: There are more ways for leaders to give it away in 'the Great Boomer Fire Sale' than ever | Fortune

Transferring company ownership to foundations, nonprofits, trusts, or employees creates a perpetual philanthropic annuity while preserving the business, workforce, and culture.
Food & drink
fromGrub Street
7 months ago

The War at Zabar's

Longstanding family conflicts among Zabar's controlling partners produced persistent public feuding despite the store's strong commercial success.
fromSlate Magazine
9 months ago

My Husband Wants to Leave His Business to My Entitled Stepsons. I Have to Change His Mind.

My first marriage left me a wealthy widow where we had several vacation homes but sadly no children. My second husband has two adult sons and a thriving business that is basically his third child. Despite us both being retired, he is still very involved in the business. Neither of his sons ever showed interest in taking over, so my husband has been approaching his lifelong employee, "Mike," to take over.
Relationships
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