RESOLVE A PARTNERSHIP DISPUTE THROUGH LITIGATION ARBITRATION

A dispute can arise between individuals anytime. With trust, finances, decision-making power and egos involved, partnership disputes are becoming increasingly common. Whether it’s a small-scale business, a service business, a family business, a retail store, or any sort of enterprise, complexities lead to disputes. If you find yourself in a situation where a dispute between you and your business partner is escalating and is likely to affect your business operations, try to take steps to protect your interests.

Helping you in your endeavor let our partnership dispute lawyer in Los Angeles navigate you through this difficult time. Whether you need us to initiate your case, or defend it, we can help develop legal strategies that work in your business’s interest. Rather than allowing your investment within the business to fall apart, take appropriate action by reaching out to Siman Law Firm. Even if any of the following are involved, you can rest assured our competent legal team can help:

• Breach of fiduciary duty: several partnerships disputes arise due to a claim of breach of fiduciary duty against any one or several other partners. This is inclusive of fraud, misappropriation of assets or funds, or breach of contract.
• If dishonest partners are responsible or in control of partnership funds.
• If there is an argument over profits.
• If personalities are clashing.
• If partnership revenue is consistently declining.
• If there is a disagreement regarding the direction the business is taking.
• If the partnership agreement is poorly written or phrased inaccurately.
• If partners in control decide to oust other partners.

Hire Siman Law Firm to Handle a Partnership Dispute

Certain partnership disputes arise due to the lack of a written agreement while others arise due to changes in circumstances. Even if these disputes are short-lived, they can become problematic for those involved and for the business itself. If an out-of-court settlement doesn’t materialize, our lawyers can represent you in court. Negotiating and mediating on your behalf, our lawyers work towards a favorable outcome.

Find Yourself a Partnership Dispute Lawyer in Los Angeles

Our lawyers are here to facilitate you, regardless of what you need. In case a dispute is irresolvable, we’ll still work hard to protect your interests. With a partnership dissolving, we make sure the assets are divided fairly and that your rights are safeguarded throughout the process. There are two ways a partnership can dissolve, such as the following:

• Involuntary Dissolution: Such a partnership is dissolved when the involved partners are unable to reach an agreement. In such a scenario, a court decides the division of liabilities and assets.
• Voluntary Dissolution: Such a partnership is dissolved with all of the parties in agreement. Issues to consider in such a dissolution include who is responsible for liabilities, for current projects, for notifying clients, etc.

If you find your smooth-sailing partnership experiencing severe turbulence, our partnership dispute lawyer can help you resolve it.