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Knowledgeable Guidance On Partnership Disputes And Business Divorces

Last updated on February 6, 2025

Business partnerships can be incredibly productive, allowing entrepreneurs to pool their talents, insights and resources toward a shared goal. However, sometimes trouble arises within a partnership that can impede the venture’s success. We help domestic and international clients who are facing a partnership dispute or business divorce pursue solutions that protect their unique business objectives. When you’ve hit an impasse in a partnership, we are here to be your guide in finding the right path forward.

Common Types Of Partnership Disputes

Partnership disputes can arise over a range of factors, including:

  • Financial disagreements
  • Differences in business strategy or vision
  • Alleged breach of contract
  • Alleged breach of fiduciary duties
  • Mismanagement of business operations
  • Unequal workload distribution
  • Disagreements over hiring decisions

Our partnership dispute attorneys have extensive experience helping entrepreneurs resolve such conflicts. We can guide you on using alternative dispute resolution (ADR) methods, such as mediation, to try to reach an effective solution. We can also represent your interests at trial if necessary.

What Is A Business Divorce?

Sometimes, disputes escalate to the point where a partnership breaks down. When this happens, parties often pursue a business divorce. This involves the dissolution or dissociation of the partnership.

Dissociation Vs. Dissolution

Dissolution and dissociation are not interchangeable terms. Understanding the differences can be important when pursuing a business divorce.

  • Dissociation: When one partner leaves the partnership. This doesn’t necessarily end the business.
  • Dissolution: The formal termination and breaking up of a partnership.

We can help explain the distinctions and what they mean for your business divorce case.

Important Steps Of A Business Divorce

Our team can assist you with all aspects of your business divorce, including:

  • Evaluating partnership agreements
  • Negotiating terms of separation
  • Dividing assets and liabilities
  • Ensuring compliance with all applicable laws

At every step, you can rely on us for strategic advice and focused support.

Protecting Your Interests

There are many key elements to safeguarding your personal and business interests during a business divorce. Limiting your liability is extremely important. If your case involves cross-border elements, it is critical to properly address any international law issues that it raises. Our knowledgeable business divorce lawyers can guide you on what needs to be done to give you the full protection you need.

Talk With Our Skilled Partnership Dispute Attorney

Discover how our business divorce and dispute resolution services can help with your goals. Set up a confidential consultation with a member of our multilingual team by calling 917-730-2454 or contacting us online.