What happens when there are partnership disputes or issues between co-owners or members in an LLC which affect day-to-day operations or the business itself? The experienced business dispute resolution attorneys at the Watkins Firm understand the costly interruption a partnership dispute can cause, and work to quickly and cost-effectively resolve it.
The first place to look is the operating agreement, or corporate documents. A well crafted operating agreement should clearly identify the steps to resolve disputes between members in an LLC and prescribe specific remedies. Unfortunately, many partnerships and LLCs are formed with downloaded forms, or forms copied from the internet, and the operating agreement is not fully developed to handle these issues. Our attorneys quickly gain an understanding of our client’s goals for the situation and work to establish a productive and cooperative dialogue with other parties and their lawyers (if present). We help the parties to understand each other’s perspective and work to find common ground.
Partnership disputes or issues between co-owners or members in an LLC are often resolved through leveraged, effective negotiation. Negotiation is the fastest and least expensive method to resolve a business dispute. Our attorneys successfully negotiate resolutions in the majority of cases.
In some cases mediation or arbitration may be required to move the conversation toward resolution. When underlying documents are vague and the parties are on opposite ends of several issues, litigation may be required to resolve the dispute and move the parties forward.
The attorneys at the Watkins firm take a unique approach to litigation. We strive to resolve the dispute at each step of the process in the fastest and least expensive manner possible, while achieving our client’s goals and objectives. We are uniquely positioned to represent a client as needed at every step of the process: negotiation, mediation, arbitration, or litigation. Our successful track record in Court verdicts communicates the strength of your position to the other parties and opposing counsel. It’s good to have the experience and proven success across decades of service in your corner.
If you are involved in a partnership disputes or issues between co-owners or members in an LLC we invite you to review the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
