Business Divorce: How to Keep the Company Together when Businesses & Marriages Fall Apart


Re-Broadcast on December 12, 2017

The term “business divorce” seems to be cropping up more and more in discussions surrounding corporations, and often, this phrase encompasses multiple areas of concern. In this course, we will be discussing two types of business divorce: 1) Cases involving disputes between shareholders that can lead to a separation of the parties and ultimately the company, and 2) Cases involving the individual divorce of a member/owner that can have substantial repercussions on the business itself, including a forced dissolution or buy-out.

This course is co-sponsored with myLawCLE.

Key topics to be discussed:

•   Shareholder Disputes
•   Breach of Fiduciary Duty Analysis and Case Examples
•   How to Protect the Company Against a Divorce

Date / Time: December 12, 2017

•  2:00 pm – 4:00 pm Eastern
•  1:00 pm – 3:00 pm Central
•  12:00 pm – 2:00 pm Mountain
•  11:00 am – 1:00 pm Pacific

Choose a format:

•  Live Video Broadcast/Re-Broadcast: Watch Program “live” in real-time, must sign-in and watch program on date and time set above. May ask questions during presentation via chat box. Qualifies for “live” CLE credit.
•  On-Demand Video: Access CLE 24/7 via on-demand library and watch program anytime. Qualifies for self-study CLE credit. On-demand versions are made available 7 business days after the original recording date and are view-able for up to one year.


Lauren Marsicano, Esq. is a founding partner of the law firm Marsicano + Leyva PLLC located in Miami, Florida, and she heads the firm’s business and litigation practice. She has experience on both sides of the aisle providing guidance to individuals, small businesses, and multinational corporation, taking cases from inception through to trial and post-trial appeal in both state and federal court. Prior to forming Marsicano + Leyva PLLC, she worked as an associate in the Litigation Department at Liebler, Gonzalez & Portuondo where she represented corporate and individual clients in federal and state trial and appellate courts in areas including complex commercial litigation, consumer litigation, and international law.

Prior to joining the Liebler, Gonzalez & Portuondo team, Ms. Marsicano was with a boutique litigation firm in Coral Gables. While there, she represented and advised small business owners and individual clients in areas including employment law, complex commercial litigation, intellectual property law, labor and employment litigation, trust and estate law, real property law, and international law. In addition, Ms. Marsicano was fortunate to gain valuable insight into the practice of law by interning for the Honorable Judge Lester Langer of the Eleventh Judicial Circuit of Florida, the General Counsel of the Global Labor and Employment division of Ryder Systems, Inc., and the managing partner of a corporate mining law firm in Santiago, Chile.

Ms. Marsicano graduated magna cum laude from the University of Miami School of Law where she was Managing Editor of the Inter-American Law Review, was a finalist in the Charles C. Papy, Jr. Moot Court Board Advanced Moot Court Competition, and attained the Honorable Theodore Klein Endowed Scholarship for her outstanding performance in the Litigation Skills Course. While earning her undergraduate degree in International Business and Finance, Ms. Marsicano competed for and secured an Honors Program Fellowship to study at the University of Oxford in Oxford, England, under academics who are leaders in their fields.

Carolina Leyva, Esq. is a founding partner of Marsicano + Leyva PLLC and represents clients in all aspects of family law, probate, will contests, landlord-tenant disputes, Florida Deceptive and Unfair Trade Practices Act issues, commercial litigation, consumer litigation, transactional work and complex civil litigation matters.

As an associate in a boutique litigation firm, located in Miami, Florida, Ms. Leyva spearheaded the firms trust and estates department and gained practical experience representing companies and individuals in areas including family law, employment law, commercial litigation, real property law, foreclosure defense, bankruptcy and other general areas of civil litigation.

In addition, Ms. Leyva gained valuable legal experience by serving as a legal intern for a boutique immigration firm in Miami, Florida, for the General Counsel of the Global Labor and Employment division of Ryder Systems, Inc., and for the Mobile Financial Services department of the MasterCard and Telefonica International Joint Venture.

Ms. Leyva earned her juris doctor from the University of Miami School of Law where she served as a legal research assistant for University of Miami School of Law Professor Lili Levi.

CLE Accreditation:
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CLE 2.00 – MP
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Accreditation Policy
myLawCLE will seek credit where attending attorneys are primarily licensed for all of its live webinars and live teleconferences, except in states which allow for reciprocity (see reciprocity section below). Credit for CLE in a self-study format is sought for in most states; however, some states do not allow for CLE credit to be earned in a self-study format (see the self-study section below). Many states typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. Credit hours granted are subject to approval from each state.

Additionally, some states allow for credit to be granted on a 1:1 reciprocal basis for courses approved in another mandatory CLE jurisdiction state. This is known as a reciprocity provision and includes the following states: AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, PR, and SD. myLawCLE does not seek direct accreditation of live webinars or teleconferences in these states.

On-demand CLE
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Section I. Overview of Formation and Corporate Documents

Section II. Types of Shareholder Disputes

Section III. Analysis of Breach of Fiduciary Duty Claims

Section IV. Potential Remedies

Section V. Potential Business Effects of a Divorce

Section VI. Clauses to Consider Including in Pre- or Post-Nuptials

Section VII. Cases Examples