Wisbar.org may be unavailable on February 19 starting at 6:00 p.m. until 9:00 p.m. for system maintenance.

Owner Guaranties of Family Business Debt: Risks, Rights, & Remedies

Product ID: CA2625D
Presented By: State Bar of Wisconsin PINNACLE

No more guaranty guesswork

When a small family business with no long-term credit history needs a business loan, an owner typically signs a personal guaranty that makes them personally liable for the debt as a way to put skin in the game with the lender.

At Owner Guaranties of Family Business Debt: Risks, Rights & Remedies, learn more about how this frequently occurring situation impacts small family businesses and ways borrowers can better protect themselves against unpleasant surprises when the debt comes due.

Read More ↓

Interested in sponsoring this program? Find out more.

Select a Format

OnDemand Seminar

Pricing

Member $109.00

Non-Member $159.00

Credits are no longer available for this OnDemand program.

Quantity:
Maximum quantity must be less than or equal to 1.

No more guaranty guesswork

When a small family business with no long-term credit history needs a business loan, an owner typically signs a personal guaranty that makes them personally liable for the debt as a way to put skin in the game with the lender.

At Owner Guaranties of Family Business Debt: Risks, Rights & Remedies, learn more about how this frequently occurring situation impacts small family businesses and ways borrowers can better protect themselves against unpleasant surprises when the debt comes due.

Read More ↓

Gregory Monday is a shareholder in Reinhart Boerner Van Deuren, S.C.’s Business Law practice and Trusts & Estates practice. He represents middle-market family businesses and their owners in the areas of governance, ownership, and succession. In particular, he helps family businesses plan and implement long-term transitions of leadership and ownership from one generation to the next using tailored business governance structures and sophisticated estate planning techniques.

Gregory also serves his clients as outside general counsel, helping them obtain and manage the full range of legal services they may need to operate and grow. He is a frequent speaker and author regarding family businesses.

David J. Sisson is a shareholder in Reinhart Boerner Van Deuren, S.C.’s Litigation and Labor and Employment practices. He solves problems that arise when critical personal business relationships end, including disputes involving departing key employees and shareholders in closely-held corporations and others who owe fiduciary duties.

David is an experienced trial lawyer who has successfully prosecuted and defended clients in numerous trials before juries in federal and state courts, and before state agencies and arbitrators. He has also acted as Special Public Service Prosecutor for the Milwaukee County District Attorney’s Office. David regularly lectures employers, trade associations, and attorneys on employment and litigation matters.

John H. Wink is a shareholder in Reinhart Boerner Van Deuren, S.C.’s Banking and Finance and Corporate Law practices. He serves a wide variety of clients, including financial institutions and asset-based lenders as well as privately held and public companies with varying aspects of financing transactions. Prior to becoming an attorney, John studied accounting, passed the CPA exam, and worked for a large public institution on accounting matters.

  • Discover how a client’s loan against their share of a business can impact your work with small family businesses
  • Understand your client’s rights when a personal guaranty against the family business is acted upon
  • Learn the default rules for owner guaranties in family business debt
  • Know what specific documents and agreements are essential to protect a family business
  • Business law attorneys
  • Civil litigators
  • Real estate lawyers
  • Banking personnel
  • Estate planning attorneys
  • Any lawyer representing small family businesses
0 Customer Reviews
5 star
0%
4 star
0%
3 star
0%
2 star
0%
1 star
0%

Customer Reviews

Share your thoughts with other customers by being the first to review this product and or seminar.