reasonablysunny (reasonablysunny) wrote in little_details,
reasonablysunny
reasonablysunny
little_details

father-son battle for corporate ownership

Setting: a modern, mostly-realistic Earth, with superheroes. I don't think this should change the answer much.

Characters: father and son billionaire businessmen, who hate each other's guts.

Previous research: general reading on corporate ownership and inheritance law. I'm honestly not sure how to google this.

My basic question has to do with a father's trying to severely limit his son's role in running their family's billion-dollar corporation after his death.


Basically, one of my main characters is an old man. He's lived hard, and he's terminally ill, but he needs to survive until a certain date - a company board meeting.

My idea is that this character, Gideon, is CEO of a multi-billion-dollar corporation, founded by his great-great-great-grandfather. The company began as a gunsmith's shop, but has expanded over the decades into all sorts of areas of industry: arms manufacture, aeronautics, appliances, utilities, medical research... The family is fabulously rich and has been for generations.

The thing that I really need is a reason for Gideon to need to stay alive for a board meeting. He wants to ensure that his company's future is safe, and that after his death he can be sure that the company won't be run by evil people, basically. Either he's finally able to do something, or feels the need to prevent something, but he has to be motivated to live until a given date, and I feel like something involving the company is my best bet.

Gideon's father was a nasty character who resented his son for various reasons and didn't mind if his corporate dealings were shady. My idea is that the father did something legal to limit the control his son could have over the running of the company after his death. Maybe he willed that Gideon would inherit his shares in a trust run by someone else, someone inclined more towards profit at any cost and less towards Bruce Wayne-style philanthropy (Gideon's sort of an ersatz Batman, to be honest). Gideon then spent years building up his own businesses and buying his own stocks from the trust through dummy corporations until he actually became majority stockholder, and now, he finally has the opportunity to alter the company's charter once and for all. Or something.

Am I on the wrong track here? Gideon's motivation to live is a major plot point, but the main conflict is only tangentially related, and so I don't want to make this overly complicate.

Thank you so much for any advice you can give. This is an amazing community!
Tags: ~corporations
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