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caution

November 3, 2021

Family businesses often grow in an unstructured way, leading to a culture of informality. As a result, basic employment law documents can get overlooked and family members are not issued with employment contracts or subject to formal policies. This can leave the business exposed when issues arise as neither the business nor the family member have a ‘rule book’ to follow.

Family businesses often grow in an unstructured way, leading to a culture of informality. As a result, basic employment law documents can get overlooked and family members are not issued with employment contracts or subject to formal policies. This can leave the business exposed when issues arise as neither the business nor the family member have a ‘rule book’ to follow.

September 13, 2019

Family offices are adopting the entrepreneurial flair of venture capitalists in their pursuit of bespoke real estate deals, Moonshot startups, sustainability projects and cross-border investments.

Family offices are adopting the entrepreneurial flair of venture capitalists in their pursuit of bespoke real estate deals, Moonshot startups, sustainability projects and cross-border investments.

September 3, 2009

Two Indian family businesses agreed last week one would acquire part of the other. The timing proved perfect for both Wockhardt and Fortis as each was facing growth-related difficulties, however other businesses should not take such risks, cautions Professor Kavil Ramachandran

Fortis Healthcare, the India-based family-controlled healthcare group, acquired 10 hospitals from the Wockhardt hospitals chain for $193 million last week. Wockhardt, another family business, sold at a price that was much lower than it had planned for a year ago at the time of a failed IPO. 

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