An LLC member dispute can destroy a good business.  You may be surprised how many disagreements there are between business partners in San Diego each year.  When a disagreement arises it is important to not only resolve the dispute at hand.  You must also work to rebuild the relationship between the partners to allow them to move forward productively.

An dispute between business owners here in San Diego or throughout California can destroy a successfully performing business.  When a dispute arises between owners of a company such as the members of an LLC, the primary business focus of the parties is distracted and the partners tend to take less action toward the growth and continued success of the business.  This is why it is important to seek outside experienced counsel who can guide you through the dispute to a positive resolution.

An LLC member dispute can destroy a good business which should otherwise survive and thrive.  Many partnership disputes could be prevented by the development and regular maintenance and updating of corporate documents and operational agreements and bylaws.  When a dispute arises, the attorneys at the Watkins Firm help to understand the outcome you seek, and develop strategies to accomplish those goals in the shortest possible time frame and in a cost-effective manner.  Negotiation is the fastest and least expensive strategy to resolve the underlying dispute, and to create a positive atmosphere for moving forward.  Your Watkins firm attorney is able to resolve the vast majority of LLC member disputes through effective, leveraged negotiation.

Pro-Tip: “Disputes between members in an LLC require an experienced hand. If you’re going to stay in business with each other, then you’re going to want additional clauses and assurances that this thing won’t happen again, you’re going to want to give some kind of compensation or power, change the structure, do something to improve the situation. Those things we can handle because we have a transaction team here too.

So when we acquire business, we’re already putting those kinds of clauses in. So you might be in a business dispute with a partner because you didn’t have those types of clauses in your agreement to begin with. And perhaps the resolution of your lawsuit will be having proper paperwork to go forward.

Most good business relationships have disagreements along the way. Even in a smaller business, a dispute can arise, which quite often leads to growth that can lead to a change. And then you have to document these changes, evolve and move forward.” – Dan Watkins, Founding Partner

While an LLC member dispute can destroy a good business The Watkins Firm has a proven and unique strategy to resolve them quickly and cost-effectively.  There are usually many options to consider, including the addition of other “members” or “shareholders” or buying out one of the partners or owners of the business.  If you are involved in partnership disputes and are concerned about your business 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.