Cordes & Company

Sisters can no longer work together in family business

Two sisters who owned and ran a longstanding family-owned Mexican restaurant were no longer able to work together – each claiming the other was ruining the business. The sister with more shares removed the other from the operation. In response, the removed sister sued. The Eagle County District Court appointed Cordes & Company as receiver to run the business during the dispute and asked the firm to attempt to mediate. Cordes worked with both sisters, bringing them to an agreement in which one sister would buy out the other. The case was closed and each sister now owns and operates her own restaurant.

Colorado
5299 DTC Boulevard
Suite 600
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.6027
California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
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