Are you searching for information on how to resolve a business dispute with a member of your LLC in San Diego or Southern California? Members are the owners of an LLC, and a dispute between business owners is a time consuming, distracting and expensive experience.
The first source for the resolution of any membership disputes in an LLC is the operating agreement and any associated corporate documents. The operating agreement should clearly define many potential disputes that could arise over the course of running a company, and the specific steps that should be taken to resolve the dispute.
However, many LLC’s are started on a shoe-string budget and there may not be an operating agreement between the parties. Worse yet, many owners or members in an LLC try to craft their own operating agreements or modify a contract they found online. These agreements most often fall woefully short when a real dispute arises.
What Are the Primary Steps to Resolve a Business Dispute With a Member of Your LLC?
How is a business dispute with a member of your LLC actually going to be resolved? If the operating agreement is a boilerplate downloaded form or non-existent the first step you should take when settling a dispute between members in an LLC is to contact the experienced business litigation attorneys at the Watkins Firm. We have more than four decades of experience resolving disputes between members and business partners. We will help you to identify objectives for the best possible outcome, and then work to accomplish those goals.
Negotiation is usually the fastest and least expensive route when settling a business dispute with a member of your LLC. The Watkins Firm will work to build a strong chronology and a thorough analysis of potential damages associated with the dispute. We use these tools to gain the attention of opposing parties and their counsel to open effective, leveraged negotiations.
You will be pleased to learn that the Watkins Firm is able to resolve the vast majority of disputes between business owners through effective leveraged negotiation.
If the matter involves more serious issues and/or the parties simply cannot reach agreement business mediation is one of the next steps. The Watkins Firm is prepared to file a lawsuit or respond to service by opposing parties. We will represent you at every step of the process including mediation, arbitration and at trial.
You are in control of the decisions as we work to accomplish your goals and objectives for the dispute in a timely, cost-effective manner. We will work with you to represent and protect your interests, including the update of any associated operating agreement or corporate documents. 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.
