Partnership and Shareholder Disputes
Conflict between business owners is not uncommon, especially in closely held and/or family-owned businesses. Partners and shareholders often disagree about policy, money, or corporate direction. These disputes are often the result of years of anger and mistrust, and resolving them can be like handling a contentious divorce. The business dispute attorneys at BPS Lawyers understand that there is no “one-size-fits-all” universal method for resolving these disputes. Our attorneys will listen to your concerns and tailor a solution to your unique needs, enabling your business to move forward in a positive direction.
In many circumstances, partners and co-owners of a business owe duties of loyalty and good faith and fair dealing. This generally means that co-owners have to deal with each other with honesty and good faith. These duties can rise to the level of a fiduciary duty depending on the circumstances. Breaches of these duties might include embezzlement, dissipation or siphoning of assets, fraud, theft of confidential information, or unlawful or contractually prohibited competition.
At BPS Lawyers, our attorneys have years of experience handling a wide range of commercial litigation issues for clients that include start-ups, existing companies and franchises. Clients who are faced with partnership and LLC membership disputes rely on our seasoned team of attorneys for uniquely tailored solutions that are creative, timely and cost effective. We have represented clients of all sizes, from sole proprietors, family-owned, and start-ups to multi-national corporations, and helped them take the time to thoroughly analyze all available legal options and proceed with the best option for their needs.
BPS Lawyers regularly helps clients resolve partnership and LLC member dispute issues, including:
- Business appraisal and valuation disputes
- Breach of contract claims
- Shareholder, partnership and LLC agreement disputes
- Allegations of fraud or misconduct
- Breach of fiduciary duty claims
- Dissolution of corporations, partnerships, LLCs, and other entities
- Buyout clauses, Buy-Sell agreements
- Arbitration, Mediation, and alternative dispute resolution (ADR) related to all of the above