What is the most efficient way to settle your LLC member dispute 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. How is a dispute between members of an LLC best resolved?
Look to the Operating Agreement to Settle Your LLC Member Dispute
The primary 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 settle your LLC member 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 fall woefully short when a real dispute arises.
The First Step You Should Take in a San Diego Member Dispute
The first step you should take in a San Diego member dispute is to contact the experienced dispute resolution and business litigation attorneys at the Watkins Firm. The Watkins Firm has 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.
The Watkins Firm is able to resolve the vast majority of our LLC member disputes through effective, leveraged negotiation. Negotiation is usually the fastest and least expensive route to settle your LLC member dispute. In cases involving a substantial amount of money, control of the company or substantial disagreement it may be necessary to file a lawsuit, but these are often resolved through business mediation.
Your Watkins Firm attorney will work with you to represent and protect your interests, resolve the dispute, and if necessary update 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.
