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Thread: Eastenders - Current Episode Discussion - VIII

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  1. #11
    Join Date
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    Quote Originally Posted by Dazzle View Post
    I was thinking exactly the same thing but I don't know anything about business. Can partners force out another partner? We don't even know what percentage Shirley owns (as far as I'm aware).
    Not sure - but must depend on how original
    contract written- could be clause to say if
    one partner wishes to sell their share the
    other(s) have first chance and how share is
    valued.

    Whichever partner has greatest share will
    usually have final say in any business decisions.
    Which is why when someone who has been
    sole proprietor sells part of the business
    or(eg gives a share to a family member) they
    ensure they retain at least 51%

    There might be clause restricting to whom
    shares of business could be sold in future or
    original.owner may have first right to re-purchase.

    Contract needs to be very carefully written! and
    as you say we-the viewers- dont know the finer
    points of the original contract in this case??
    So will probably be written to suit current
    storyline!!
    Last edited by maidmarian; 09-05-2015 at 19:38.

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    Dazzle (09-05-2015)

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