VALUATION GAMES DURING DIVORCE PROCEEDINGS?
I have a family friend who funded and assisted their husband start a company but did not retain any operational control, or equity, in the business these past 20 years. The company is considered communal property but is 100% in the husband's name.
They recently filed for a divorce and I have a feeling the husband is doing everything possible to reduce the company's valuation prior to settling in court. Does anyone here have experience working with this sort of situation? I really think she could use an experienced M & A advisor to suss out and prevent deterioration of the business during the lengthy court proceeds, make sure the business is properly valued, etc because her family law attorneys do not seem up to the task.
The company is reasonably large ($4 - 6M SDE) but with limited middle management. Any recommendations would be greatly appreciated!