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Business litigation possible when a merger goes awry

Every year, businesses in Mississippi merge in an effort to create something better for all parties involved. Sometimes, it is what is best in the long run. It all really depends on each company's goals. Merging two companies into one takes a lot of planning. Unfortunately, even with careful planning, a merger may go awry, and business litigation may be needed to settle the issues.

Before deciding to merge one's business with another, it is necessary to do one's due diligence and investigate the other company's goals and overall health. This step is vital in ensuring one is going into business with someone of good standing. Failing to be honest when exchanging information will only come back to hurt one's company and the merge down the line.

If two parties agree to move forward with a merger, there are a lot of issues that need to be negotiated. Some of these include determining the legal structure, picking a company name, deciding who will remain in executive and management roles, and determining if any employees will need to be let go -- among a number of other things. It is all a lot to consider, and reaching agreeable terms may be more difficult than one is expecting.

When going through a business merger, it takes a lot of effort to keep operations running smoothly while, at the same time, implementing changes. If disputes arise during the merger process, there are a number of ways to deal with them. Sometimes, business litigation is the best option. An experienced business law attorney can assist Mississippi business owners in completing their mergers if desired, settling any disputes that may arise and taking any issues to court to reach a resolution -- if doing so is deemed necessary.

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William C. Walter PLLC
The Horizon Building
43 Town Center Square
Hattiesburg, MS 39402

Phone: 601-602-8855
Fax: 601-336-1653
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