It is not unusual for a partnership dispute in a closely held business to result in issues between family members or close friends who co-own interests in the business. These relationships can be quite complex, and the partnership dispute at work can escalate into a full blown issue within the extended family surrounding the business partners. What can be done to help prevent and resolve these situations?
The first step in avoiding a partnership dispute involves effective planning. The Watkins Firm attorneys have advised San Diego business owners for decades, and have extensive experience and expertise in developing operating agreements and corporate documents that help to clearly establish the rights and responsibilities of each partner in the company, as well as what will happen when unexpected business or personal life events arise.
The Watkins Firm takes a unique approach to resolving a partnership dispute in a closely held business in small businesses and closely held companies. It is designed to resolve disputes quickly and in a cost-effective manner while protecting the important goals and interests of our clients.
Our clients value the deep insight and advice we provide to help resolve challenges and areas of disagreement, and the positive working environment we bring to the table. Disagreements between family members who are co-owners in a business should be promptly resolved to preserve not only the effective and profitable operations of the business, but to protect the relationships within the greater family in general.
If you are involved in a business partnership dispute with a family member and are looking for a positive resolution that can preserve familial relationships, we invite you to contact the Watkins Firm or call us for a free and substantive consultation at 858-535-1511. We will discuss your unique circumstances and provide insight and strategies to help work through the problem to resolution, while avoiding the potential for extensive and expensive business litigation.