Resolving business disputes between owners in San Diego or anywhere in California is crucial to long term business profitability and success. When a dispute breaks about between partners, the owners of a small business or members in an LLC it can affect the performance of the business itself and distract the owners from the principle focus at hand: managing and growing a prosperous business.
There are many reasons why disagreements develop between business owners or partners including issues surrounding money, salaries and distributions, job performance, the direction of the company and even personality conflicts or issues with employees.
The attorneys at the Watkins Firm have been helping our clients by resolving business disputes between the owners for more than four decades. We work to get to the core of the area(s) of disagreement and help to establish options for resolving those disputes in a timely and cost-effective way.
Each situation is unique, and the solution can be as simple as negotiating new terms or updates to the operating agreement or corporate documents, or the experienced perspective of a disinterested third party. In some cases it may be necessary to buy a partner out, or to bring in new investors or members to the LLC to infuse fresh expertise, capital and strategic skills.
We serve as general business counsel to many San Diego corporations, LLCs and small family owned companies. Our role is to provide valuable insight and guidance to help business owners with the identification of potential pitfalls, and resolving business disputes between owners. We help to draft and review the critical business contracts that support the operations of your business, and help to establish clear agreements and expectations in a manner that facilitates a spirit of cooperation, while preventing the likelihood of future disputes.
Pro-Tip: “If you’re going to be in a dispute, you should know what the future holds for you. And the future for you is hopefully negotiation and a timely, cost-efficient resolution. That is the way we resolve the vast majority of our cases involving disputes between the owners of a business.
Then if negotiation alone doesn’t work, you may be ultimately headed to some sort of arbitration or trial, but before you get to an arbitration date or a trial, you’re likely going to find yourself in a mediation or a settlement conference, meaning you’re going to have to go talk to a judge or a learned attorney about your dispute and have them try to help you resolve it.
We’ll want to get the facts down and we want to organize the evidence in chronological order, because that’s the best way to communicate to the other party, to a third party, or to anyone is in chronological order. That’s how we think. Then I want to help our clients analyze the damages. Whether you are feeling like they owe you something, they’re not complying with the agreement or vice versa. So I want to want something more from you than just an understanding of the potential damages, I want to be able to tell you what I really think it’s going to take to fight. We also need to look at the future business, whether we can salvage this relationship, all of those important things should come into play, give good advice.” – Dan Watkins, Founding Partner
If you are involved in a business dispute between the owners of a small business or members of an LLC 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. Tap into the deep business experience and skill of our attorneys and add a trustworthy ally who can provide value and successful guidance to your organization.