No one imagines they will end up in a dispute with their business partner. But in today’s complicated commercial landscape, the unexpected can happen to any company, and at Patrick, Harper & Dixon LLP, our commercial litigation team can help ensure your rights and interests are protected at every stage of a partnership dispute.
Sometimes, those disagreements make it difficult to continue working together. You may lose trust in your business partner, or your goals may change over the years. Whatever the cause of the dispute, the dissolution of a partnership does not have to mean the dissolution of the company.
If you or a colleague is embroiled in a partnership dispute in North Carolina, protect yourself and your business with legal counsel. A skilled Hickory partnership dispute attorney from our team can advocate and negotiate on your behalf. To learn more about how we can help, contact Patrick, Harper & Dixon LLP today for a free consultation.
Common Grounds for Partnership Disputes
Your commercial litigation attorney will work hard to maximize your negotiation agreements and pursue all legal avenues on your behalf, no matter the cause of your partnership dispute. Some of the most common reasons for partnership disputes we handle include:
- Differences in management styles
- Breach of fiduciary duty
- Partner conduct
- Breach of contract
- Misuse of assets
- Personal disputes
If you believe your partner has failed to hold up their responsibilities, taking immediate action is typically the best course. Making the effort to resolve a dispute quickly could help you avoid dissolution. In all cases, prompt attention is better for you, your business, and your clients.
Reasons to Hire a Partnership Dispute Law Attorney
Consulting with a business dispute attorney early in the process of a dispute can help protect your interests and prevent the issue from escalating. Your lawyer is a valuable resource for mediating between partners, negotiating settlements, and providing litigation support if it should become necessary.
Safeguard Your Business Interests
Ensuring that your business assets are not in jeopardy is the number one priority when a dispute arises. Not only do you want to protect your investments, but you are responsible for protecting clients and employees as well.
Full transparency is necessary for your partnership dispute attorney to determine the right plan moving forward. Help your attorney provide the best representation by being open and honest about the situation.
Ensure Legal Protection
Partnership disputes can be devastating for a business on many levels. A business dispute attorney can minimize the potential for lawsuits and protect your intellectual rights until the dispute is resolved. Your attorney not only fights to protect your interests, but also to protect your business from legal issues that could result from the dispute.
Explore Alternative Dispute Resolution
Alternative dispute resolution (ADR) is a process that includes several approaches to dispute management. The goal is to help business partners resolve their disagreements without litigation. If both parties are agreeable to mediation or arbitration, the dispute can be resolved faster.
By working together with a partnership dispute lawyer, partners can explore alternatives that they may not have realized were available.
Manage Complex Litigation
If a dispute does require litigation, you need an attorney with experience in business law. A business dispute lawyer will provide the guidance needed to navigate a complex system. Litigation requires the discovery, management, and organization of evidence, as well as the development of strategic plans to protect business assets.
The specialized knowledge of a partnership dispute lawyer from Patrick, Harper & Dixon can work to secure a favorable outcome for you and your business.
Benefit From Cost Savings
You may think it is possible to save money by opting to proceed without the advice of legal counsel. However, hiring a business dispute attorney can help you avoid lengthy and costly lawsuits, which can require a significant amount of time and expense.
Your attorney will save your most valuable resource — time — so that you can concentrate on, preserve, and grow your business.
Handle Partnership Dissolution
Not every dispute can be resolved. If one partner has broken faith — or broken the law — dissolution may be the best option. Whatever the reason, properly dissolving a partnership requires legal guidance to ensure all partnership agreements are followed and all business assets remain intact.
Contact Patrick, Harper & Dixon, LLP of Hickory, NC, Today
Hiring a business dispute lawyer is essential for protecting your interests and resolving disputes in the most cost-effective manner. However, not all business lawyers have the litigation and arbitration experience needed for a positive outcome.
Patrick, Harper & Dixon, LLP has provided trusted legal counsel throughout the Hickory, NC, area since 1946. You deserve an attorney who will stand by you and fight hard to protect the best interests of both you and your company. For more than 70 years, we have maintained a reputation for dependability, honesty, and results.
Coping with a partnership dispute in North Carolina is stressful. What will happen to your business? Are your personal assets in danger? You need a Hickory commercial litigation attorney who can advocate on your behalf. Contact Patrick, Harper & Dixon, LLP to schedule your consultation today.
