Business

Company & Partnership Dispute Solicitors

BUSINESS OBJECTIVES ACHIEVED

Forbes Solicitors' company partnership disputes solicitors provide professional legal assistance to businesses involved in disputes between partners, directors and shareholders. Our partnership dispute resolution solicitors can assist with all aspects of partnership disputes, including breach of contract, fiduciary duties, and dissolution. We understand the complexities of partnership disputes and work closely with our clients to achieve the best possible outcome, whether through mediation or litigation.

What is Company & Partnership Litigation and Dispute Resolution

Company & Partnership Dispute Resolution is the process of resolving disagreements between companies and/or partnerships, the legal relationships they enter into and/or disputes between those who own or run them. It may involve commencing court proceedings or negotiation, mediation, arbitration or litigation. The aim is to reach an agreement that both parties can accept or proceed to a trial where a judge will determine the outcome.

When a conflict arises between co-directors, shareholders, partners or trustees the ramifications will be significant.

Individuals who are responsible for how companies, businesses and trusts are run are subject to statutory obligations, which determine how they must act. Therefore, both their position and that of the organisation they represent, will have to be carefully considered and managed to avoid a conflict of interest arising and to ensure (1) their position and interest is protected; (2) the business of the organisation is maintained and protected; and (3) they meet their ongoing fiduciary duties.

Our solicitors are experienced in advising directors, shareholders, partners and trustees when a dispute arises in the following situations:

the mismanagement of a company
shareholder agreements
unfair prejudice claims
where a director leaves and managing the impact
dissolution and/ or the continuation of the partnership business
de-merger of a business or company
allegations of breach of fiduciary duty and conflicts of interests
Shareholder buy-outs

We will provide clear and decisive advice on the best options available and will recommend the best course of action, be that issuing court proceedings or settlement by way of alternative dispute resolution and mediation.

Why choose our company partnership disputes solicitors?

The team of company partnership disputes solicitors have in-depth experience in resolving complex disputes between business partners. We provide practical and cost-effective solutions tailored to your specific needs. Our team is dedicated to achieving the best possible outcome for our clients, whether through negotiation, mediation, or litigation. We understand the importance of maintaining business relationships and strive to find amicable resolutions whenever possible. Choose us for expert advice and representation in all aspects of partnership disputes.

Who do our company partnership disputes solicitors help?

Forbes Solicitors help businesses and individuals who are involved in disputes with their business partners or co-owners, including issues related to ownership, management, finances, and decision-making.How can our company partnership disputes lawyers help?Our company partnership disputes lawyers can help by providing legal advice and representation in disputes between business partners. We can assist in resolving conflicts related to ownership, management, finances, and other issues that may arise in a partnership. Our lawyers can also help draft partnership agreements and provide guidance on how to avoid disputes in the future. We strive to protect our clients' interests and achieve the best possible outcome for their business.

Contact our highly experienced solicitors today to access their extensive expertise in providing legal services and support for Company & Partnership Dispute Resolution. They can assist clients across the country, so don't hesitate to get in touch and speak with them.

Additional Information

What are the common causes of company and partnership disputes?

Common causes of company and partnership disputes include disagreements over decision-making, profit distribution, breach of contract, breach of fiduciary duty, and disputes over ownership or control of the business. Other factors such as personality clashes, miscommunication, and differing business goals can also contribute to disputes.

How can I prevent company and partnership disputes?

To prevent company and partnership disputes, it is important to have clear and detailed agreements in place, such as partnership agreements or articles of association. These agreements should outline the roles and responsibilities of each partner or shareholder, as well as procedures for resolving disputes. Regular communication and transparency can also help prevent misunderstandings and conflicts. Seeking legal advice and mediation services can also be helpful in preventing and resolving disputes.

What are the legal options available to resolve company and partnership disputes?

Legal options available to resolve company and partnership disputes include mediation, arbitration, and litigation. Mediation involves a neutral third party helping the parties reach a mutually acceptable agreement. Arbitration involves a neutral third party making a binding decision. Litigation involves taking the dispute to court, where a judge will make a decision based on the evidence presented. Alternative dispute resolution methods are often preferred as they are quicker and less expensive than going to court.

How long does it take to resolve a company or partnership dispute?

The length of time it takes to resolve a company or partnership dispute can vary depending on the complexity of the case and the willingness of the parties to reach a settlement. it can take several months to a year or more to resolve a dispute through litigation or alternative dispute resolution methods such as mediation or arbitration.

Can I resolve a company or partnership dispute without going to court?

Yes, it is possible to resolve a company or partnership dispute without going to court. Alternative dispute resolution methods such as mediation, arbitration, and negotiation can be used to reach a settlement outside of court. These methods can be less costly and time-consuming than going to court, and can also help to preserve business relationships. However, if a settlement cannot be reached through these methods, court may be necessary.

What are the risks of going to court to resolve a company or partnership dispute?

The risks of going to court to resolve a company or partnership dispute include high legal costs, lengthy court proceedings, potential damage to business reputation, and the possibility of an unfavourable outcome. Additionally, court proceedings can strain relationships between business partners and may result in the dissolution of the company or partnership. It is advisable to explore alternative dispute resolution methods before resorting to court action.

What should I do if I am involved in a company or partnership dispute?

If you are involved in a company or partnership dispute, you should seek legal advice from a solicitor who specialises in commercial law. They can advise you on your legal rights and options, and help you negotiate a settlement or take legal action if necessary. It is important to act quickly and seek legal advice as soon as possible to avoid further damage to the business and to protect your interests.