Cordes & Company

Settlement in family feud over auto parts business

In a family feud over the operation of a long time business operated by one member of the family, Cordes & Company was appointed Special Accountant and examined the financial and operating records of the company. The resultant analysis and accounting revealed substantial undisclosed takeouts, and weaknesses in the business model of the sibling. The report as well as advice regarding a reasonable allocation of other family assets was a key driver in a settlement, avoiding costly and divisive liquidation, and probable sale of the family business.

Colorado
7979 E. Tufts Avenue
Suite 820
Denver, CO 80237
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.0985
California
2030 Main Street
Suite 1300
Irvine, CA 92614
Telephone: 949.379.1202
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