s corp buy out

[zappy]

I started a s corp in 1997 and have taken a 3 year leave. we do not have a buy out agreement. they have presented a value for buyout much different then what i would expect.

does anyone have an idea of the type of councel to look for and what might be the cheapest way?

state of california

 

[tranquility]

This is not a legal problem, but a negotiating one. You have no cause of action against the other owners for offering you less, even much less, than you think your share is worth.

Try selling your share on the open market and see what you get. Not only will you get a discounted amount for the assets your share "owns" in general, there will be an additional discount for being a minority interest.

You need a good negotiater, not an attorney. (Although a good attorney could be a good negotiater as well.)