It is not unusual for a partnership dispute in a closely held company 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 proven skill in developing operating agreements and corporate documents that help to clearly establish the rights and responsibilities of each member or shareholder in the company, as well as what will happen when unexpected business or personal life events arise.
How to Efficiently Resolve a Partnership Dispute in a Closely Held Company
The Watkins Firm takes a unique approach to resolving a partnership dispute in a closely held company. It is designed to resolve disputes quickly and in a cost-effective manner while protecting the important goals and interests of our clients.
Pro-Tip: “We quickly and thoroughly document a chronology of events and develop a mastery of the damages associated with the dispute. These are the keys to gaining the attention of other parties to open leveraged, effective negotiation.
Pro-Tip: “We quickly and thoroughly document a chronology of events and develop a mastery of the damages associated with the dispute. These are the keys to gaining the attention of other parties to open leveraged, effective negotiation. The Watkins Firm is able to resolve the vast majority of our partnership and ownership dispute cases through leveraged, effective negotiation. This is the fastest and least expensive path to resolving these types of disputes.”
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. Our clients in these disputes often express a desire to not only preserve not only the effective and profitable operations of the business, but to protect the relationships within the business management team whenever possible.
Business Mediation and Arbitration
Those matters who cannot be fully resolved while accomplishing our client’s goals through negotiations alone require business mediation and/or arbitration. The Watkins Firm has 40+ years of experience serving the business, science and tech, real estate and medical / healthcare communities here in San Diego and across California.
If you are involved in a partnership dispute in a closely held company and are looking for a positive, efficient resolution that can preserve important business relationships relationships,
we invite you to review our podcast Episode 11 – Resolving Business Disputes as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
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.
