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DTSTAMP:20260422T020024Z
DTSTART:20221031T183000Z
DTEND:20221031T194500Z
SUMMARY:Where baby boomers meet the millennials: exit strategies in famil
 y owned businesses
DESCRIPTION:Family businesses often look to the next generation to run th
 e business. But the next generation is not always prepared or qualified 
 to take over the business. There may be multiple members of the next gen
 eration involved. Or the retiring generation needs cash from the sale of
  a family business in order to comfortably retire. More and more investm
 ent funds invest in family businesses to facilitate the succession. The 
 issue of exit strategies or liquidation of the shareholding of family bu
 siness has several angles. Not only the family dynamics\, the interests 
 of the investment fund who invests in view of a return on investment and
  the perspective of the (founding) shareholder who has long term goals n
 eed to be aligned. What are the appropriate mechanism that would cover s
 uch contradicting interests. In this session we will try to discuss stan
 dard clauses that are used in practice as well as examples of how such l
 egal solutions reflected in particular situations in practice.
LOCATION:Room 210\, Level 2
UID:ca5950c7-c9de-4109-8520-602308f3157b
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