#Legal: Clauses to Protect Founders in Private Equity and Venture Capital Deals
However, only $10 million had been dispensed, with Alta Semper refusing to disburse the rest. Mrs Bukky George of Health Plus Ltd brought legal action against Alter Semper Capital. When legal action is brought, obviously it is no longer pleasant between the parties, so things like the attempted/alleged removal of the founder from the day to day running of the Health…