Partnership Dispute Lawyer Littleton, CO

Whether you are selling a business, terminating a partnership, or are struggling to find a middle ground with your partners, our Littleton, CO partnership dispute lawyer at Volpe Law LLC can help. Our knowledgeable attorneys will guide you through your options to protect the business. Contact us today to schedule a complimentary discovery call.

When to Hire a Partnership Dispute Lawyer

When trust between business partners is broken, it is common for disputes to occur. Hire our partnership dispute lawyer to represent your best interests and protect your liability. There are several reasons why partners might be at odds with each other, such as:

• Violations of the partnership agreement
• Failing to meet responsibilities
• Acting in ways that benefit personal interests instead of the company
• Differences in opinion about the current or future structure of the business
• Dissatisfaction with how day-to-day operations are handled
• Issues with third-party contracts

Our partnership dispute lawyer will review your partnership agreement and explain your options. If there is a breach of contract, we will build a case around the impact of those actions. However, if the disagreement is related to how you are running the business or changes you want to make, our attorney may advise you on a different course of action. Unfortunately, not all partnerships last forever, and it can be in your best interests and the best interests of the business to part ways when you are no longer seeing eye-to-eye or able to communicate effectively.

We will listen to what your ideal outcome is and represent you in negotiations. Our Littleton partnership dispute lawyer strives to find an amicable resolution out of court. However, in cases where there are fiduciary concerns or possible illegal activity, it may be necessary to initiate litigation. For every situation, our attorney explains what to expect and the potential risks.

Outcomes of Partnership Disputes

There are several outcomes of a disagreement between business partners. In some cases, adjusting the partnership agreement or establishing a better legal structure can diffuse the dispute. Consulting our business lawyer before an issue arises is a proactive measure many business owners take to avoid conflict between partners. Having our attorney review your existing contracts now may protect you and your company in the future.

In cases where there is clear wrongdoing or breach of partnership, our business dispute lawyer can help facilitate an exit strategy. These agreements can include severance packages, non-disclosures, and non-computes. While it is certainly necessary to terminate a partnership sometimes, you want to do it in a way that doesn’t negatively impact the company’s finances or security.

When partners agree to part ways, that is called a dissolution. Our business dispute lawyer can represent your interests throughout the process and ensure assets are divided fairly. If you decide to sell the company, we ensure it is valued accurately and that the split is equitable.

Dealing with a partnership dispute can be a stressful experience. Volpe Law LLC offers a measured approach to successful advocacy. Schedule a initial complimentary discovery call with our Littleton partnership dispute lawyer. Our firm is committed to innovative solutions to meet our clients’ challenging legal needs. Discover your options by calling our office today.

Proactive Measures To Prevent Partnership Disputes

The saying about the person you divorce not being the person you marry can apply just as well to business partnerships: The people you start an enterprise with, when you are full of trust, optimism, and faith in a common goal, are not the people that you take to court to settle a business dispute. Although you may believe in the long-term success of your partnership, the truth is that without proper legal protections, including a partnership agreement that safeguards your interests and provides provisions for fairly settling disputes, the long-term success of your enterprise may be at risk.

Finding a resolution to a partnership dispute can be much easier with the advice and guidance of our Littleton partnership dispute lawyer.

How Early Intervention Can Easily Resolve Partner Disagreements

Taking swift action when a dispute first arises can save all parties involved a lot of time and money. Sometimes, direct negotiation or mediation can resolve the dispute and get you and your other investors back on an even keel.

If you haven’t already, securing legal representation at this point can help. Our attorneys understand Colorado and federal business regulations and statutes well and can advise you on what is and is not possible under the law to resolve your business dispute.

Effective Partnership Agreements Reduce the Risk of Disputes

Although you may not have started your business venture with a formal partnership agreement, that doesn’t mean you can’t have our Littleton partnership dispute lawyer draft one for you after you get up and running. A document clearly defining each partner’s responsibilities, active or inactive role, and dispute resolution process can still serve you, even if the business is already functioning.

Part of the agreement can include the protocols for a dissolution of the partnership, including a buy-sell agreement.

Professional Legal Advice to Resolve Partnership Disputes

Our attorneys provide bespoke advice for partnership disputes, tailoring our advice to the type of arrangement you and your business partners have.

For example:

Resolving 50/50 business partner disputes: When both partners have equal decision-making responsibilities, mediation is often an effective tool for resolution. Each party presents its perspective and works toward compromise with the help of a trained mediator. In these situations, there is no “majority rules” resolution, so resolving the dispute must take the compromise approach of both partners.

Regular mediation sessions are a proactive measure to prevent serious business disputes. Our attorneys can advise you to protect your interests during these sessions.

Deadlock mediation and arbitration: If a deadlock occurs, ideally, company governance documents and dispute resolution procedures will guide partners, owners, and shareholders. A deadlock is generally the inability to agree on a vote or compromise. Deadlock mediation, or binding deadlock arbitration, is usually the solution. If your company guidelines include an arbitration clause, our Littleton partnership dispute lawyer can help you build your case and present it to the arbitrator.

Disputes that escalate beyond mediation and arbitration are usually headed to court. The attorneys at Volpe Law LLC can represent you in civil court if you cannot resolve your claim in any other manner. As your Littleton partnership dispute lawyer, we advocate for your interests in mediation, arbitration, and before a judge. Please contact us today for a personalized complimentary discovery call.

FEES

A $5,000 retainer is required for all pre-litigation dispute cases, while active litigation matters have a minimum retainer of $10,000. As of 1/1/2025, attorney rates vary between $275 – $400/hour. These hourly rates are paid by the retainer account. Fees and retainers for contract reviews and smaller projects vary, with some cases best suited for a 1-2 hour paid complimentary discovery call at $350 per hour or $700 for two hours. All retainers are evergreen and refundable. Please call to inquire for further details.

DISCLAIMER

The information contained on this website is provided for informational purposes only. It is not legal advice and should not be construed as providing legal advice on any subject matter. Laws frequently change and therefore this content is not necessarily up to date, nor comprehensive. Contact us or another attorney with any legal questions specific to your matter. You may contact us by completing our complimentary discovery call.