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Partnership disputes: Battle over ownership of Snopes rages on

| Aug 16, 2017 | Partnership, Shareholder And Owner Disputes |

When business interests exchange hands, companies in Florida and elsewhere may go through periods of fluctuation that could accompany a battle for ownership. Partnership disputes can be highly contestable topics that may require an acute attention to detail. With the inherent complexity of similar matters, those facing such disputes could benefit from seeking guidance from an experienced attorney in the initial stages of the process.

A recent legal battle has sparked over the ownership of Snopes, which is a popular media outlet known for its myth-busting publications. Its parent company, Bardav, Inc., previously contracted Proper Media to assist with advertising. After the owner of Bardav went through a divorce, his former spouse apparently sold her business interests to Proper Media, who is now claiming to have equal ownership of the media outlet.

Bardav claims that despite acquiring these interests, Proper Media still falls short of having at least 50 percent ownership, since one of the buyers left the company to work for Bardav. Proper Media claims this act was a conspiracy and continues to seek ownership of Snopes. It also asserts that Bardav wrongfully terminated its contract with the company and says the owner of Bardav is no longer fit to run it.

With the complex nature of partnership disputes, seeking guidance from someone with experience in the area could prove essential to navigating the process. By speaking with an attorney, a client in Florida can obtain guidance on the best course of action with which to proceed. An attorney can thoroughly evaluate the situation and assist a client in pursuing the best possible outcome through the necessary outlets.

Source: poynter.org, “Snopes won the first round in the battle for its site. Round two begins today.“, Daniel Funke, Aug. 4, 2017