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Have you heard this before? “If it wasn’t for my in-laws, our family would be fine!” Such frustrated statements are typically followed by rants about how someone spends too lavishly, does not Read More...
Category: Applied and Practice
Authors: Claudia Binz Astrachan , Joseph Astrachan and Torsten Pieper
Successful, long-lasting business families share an understanding of what is important to them, what they want to do together, and how they want to work together to achieve their collective goals and Read More...
Category: Applied and Practice
Authors: Tom Rüsen , Isabel C Botero , Arist von Schlippe and Torsten Groth
Part 1 of 2 -- Family business succession planning clearly is among a family business’s most challenging events and plenty of experts have weighed in on how to do it right. However, most of Read More...
Category: Applied and Practice
Authors: Nadine Kammerlander and Leona Rethmann
Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read More...
Category: Applied and Practice
Authors: Jonas Ruzek and Kimberly Eddleston
With Bill and Melinda Gates’ divorce making headlines across the globe, many are wondering how the split will affect their joint business dealings — especially the Gates Foundation, which they Read More...
Category: Applied and Practice
Authors: Kimberly Eddleston and Jonas Ruzek
Either a private family business conflict ends up in the courts, or gets settled by alternative methods involving third-party neutrals – usually mediation and arbitration. These neutral parties can Read More...
Category: Applied and Practice
Authors: Michael Carrell and Louis Manchise