AMBROZIE acted for one of the two co-owners of a private dental practice in a deadlock over the future of the business. The two had started out with a single lawyer advising them both. Once their views on how the clinic should develop diverged, that arrangement stopped working and one retained a second counsel. Positions hardened from there.
By the time AMBROZIE was instructed, the realistic options had narrowed to litigation or a negotiated separation. We tried the second. The work ran in two stages: re-opening a usable channel with the other shareholder and the advisers on that side, then the terms of the exit itself, covering the valuation of the client's holding, the patient base, staff, and a non-compete.
The client sold his participation and left the company. Each of the two now runs a separate practice. No proceedings were commenced.
The matter was led by Alexandru Ambrozie, who sits on the panel of conciliators of the Alternative Banking Dispute Resolution Centre (CSALB). Acting for one side does not rule out taking both sides to a workable outcome. It only makes it harder.