Handling a business lawsuit during divorce

| May 4, 2019 | Divorce |

As a business owner, you may have an array of challenges to deal with. For example, you could be dealing with seasonal challenges related to your business (such as hiring new staff members with summer approaching), but there may be other hurdles that have caught you completely off-guard. For example, your business may be in the middle of a lawsuit over one issue or another (such as a contract dispute, allegations of sexual harassment, etc.). Moreover, you may be going through issues in your personal life, such as ending your marriage, which could complicate things further.

It is imperative to prevent your divorce from having a negative impact on business litigation. By reviewing the divorce options that you have and doing everything you can to resolve problems with your former spouse and address divorce-related concerns such as a custody dispute and property division, you may be able to divert more of your attention to handling your business’ lawsuit. It can seem daunting to deal with both of these legal matters at the same time, but it is especially important to remain focused during this time and pursue a favorable outcome for your divorce and the lawsuit your business is facing.

Some business owners may feel completely overwhelmed when they are dealing with both of these challenges, and it may be a good idea to postpone the divorce process until the business lawsuit has been settled. However, every situation is unique and having a clearer understanding of all the options that are on the table can help immensely.