I was up close to a shotgun clause getting "fired." It was definitely better that they had a way to separate. Arbitration failed. It was hell for a couple of

I was up close to a shotgun clause getting "fired." It was definitely better that they had a way to separate. Arbitration failed. It was hell for a couple of months for the rest of the company though because it was unclear who to listen to. The company survived though, and it probably wouldn't've otherwise. The partner with more access to capital initiated in this case - as you're worried about. The other partner scrambled, found some investors and LBO style loans, and in the end, he "won". There's obviously issues, but I'm not aware of a better way to resolve the situation while still retaining upside potential from a sale. If anyone involved is likely to get even a little bull-headed, it seems like a good idea.