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Case from journal
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Reference no. JIACS20-05-04
Subject category: Entrepreneurship
Published by: Allied Business Academies
Originally published in: "Journal of the International Academy for Case Studies", 2014
Length: 13 pages
Data source: Published sources

Abstract

Carolyn Blaine is the recently widowed owner of John Blaine Trucking Company, LLC. She and her deceased husband, Trevor, have five children and two grandchildren between the two of them. The company was founded in 1961 by Trevor's parents and is currently being managed by the third generation son-in-law. Sibling rivalry has been a significant issue since the two married (a second marriage for both of them). The case opens with Carolyn expressing both anger and heartbreak caused by Trevor's death. In a dream sequence Carolyn shows how Trevor's failure to adequately address estate and succession planning, even though he knew he had cancer and was not going to recover, has left her a nightmare situation to deal with. Trevor's mother, one of the original founders of the company, is suing his widow (Carolyn) for an undocumented debt. Carolyn's daughter, Diana, is trying to take control of her and the company and block the other siblings from sharing in any of the financial aspects of the company. More attorneys and accountants have been hired to help straighten out the mess. As the case ends, one of the grandchildren has been seeing a professional counselor and other family members are also seeking these services. Diana has separated from her husband Brad, who is managing the company, and is trying to get Carolyn to remove him from the company. The two grandchildren are also experiencing problems and Diana is relying heavily on Carolyn for help with Nora. Carolyn is overwhelmed with the business and personal issues she is facing and is contemplating taking the family dog and running away.

About

Abstract

Carolyn Blaine is the recently widowed owner of John Blaine Trucking Company, LLC. She and her deceased husband, Trevor, have five children and two grandchildren between the two of them. The company was founded in 1961 by Trevor's parents and is currently being managed by the third generation son-in-law. Sibling rivalry has been a significant issue since the two married (a second marriage for both of them). The case opens with Carolyn expressing both anger and heartbreak caused by Trevor's death. In a dream sequence Carolyn shows how Trevor's failure to adequately address estate and succession planning, even though he knew he had cancer and was not going to recover, has left her a nightmare situation to deal with. Trevor's mother, one of the original founders of the company, is suing his widow (Carolyn) for an undocumented debt. Carolyn's daughter, Diana, is trying to take control of her and the company and block the other siblings from sharing in any of the financial aspects of the company. More attorneys and accountants have been hired to help straighten out the mess. As the case ends, one of the grandchildren has been seeing a professional counselor and other family members are also seeking these services. Diana has separated from her husband Brad, who is managing the company, and is trying to get Carolyn to remove him from the company. The two grandchildren are also experiencing problems and Diana is relying heavily on Carolyn for help with Nora. Carolyn is overwhelmed with the business and personal issues she is facing and is contemplating taking the family dog and running away.

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