Your Directors Advocate

11. What the Lawyer Said 2


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What happens when business dreams collide with poor planning and the wrong advice? In this powerful episode of Your Director’s Advocate, James Flaherty and Cheryl Stainsby continue the conversation with Brisbane lawyer Bruce Pasetti to uncover why so many partnerships end in bitterness, costly disputes, and broken companies. From shareholder fallouts that mirror messy divorces to small “mum and dad” businesses incurring $100,000 in legal fees, Bruce explains why shareholder agreements are like a prenup for your business - painful to discuss upfront, but essential when things go wrong. The trio expose the dangers of “barbecue advice,” the risks of relying on the wrong lawyer, and why seeking expert guidance early can save you from financial ruin. Packed with real-life stories, legal insights, and practical takeaways, this episode is your must-listen guide to protecting your business, your relationships, and your future.
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Your Directors AdvocateBy Thesolvers.com.au