Brawl in the family

September 17, 2012

The Denver Post

The bitter legal battle over control of the Pasquini trade name pits brother against sister in a series of lawsuits. It has forced family members to choose sides, cost $2 million in legal fees and judgments so far and destroyed plans to build Pasquini’s into a big franchise business. Business and legal experts say the dispute serves as a lesson to be learned about the potential perils of multiple family members owning a business, and of attorneys representing their own families.

“Every family in business together runs the risk of ending up where they are,” said Kim Schneider Malek, a family-business counselor and adjunct professor of business at the University of Denver. “I have a strong belief that if emotions rule, it can be very destructive and costly.”