Representing Domestic and International Clients
When running a business with several partners, disputes between the partners are inevitable. Despite being unavoidable, disputes can be more easily resolved, and in some cases avoided entirely, if at the time of entering into the partnership the partners agree on the roles, rights, and duties of each partner. Ideally, this agreement should be reduced to writing in the form of a Florida Business Partnership Agreement.
Many partnership disputes stem from situations where one partner wrongfully diverts earnings to the majority owners through excessive compensation, wrongfully removes the minority owners from the board or other management position, or uses company funds to pay personal expenses.
Here at Boyer Law Firm, we will assist you in drafting a Florida Business Partnership Agreement that’s right for you and will litigate on your behalf, when necessary. Our firm handles a wide range of cases arising from disputes between partners, including:
If you are facing any kind of dispute with your partners, it is critical that you obtain representation by a Florida business litigation attorney. Our attorneys will review the details of the dispute to counsel and guide you through a plan of action that may bring about the desired result in your case.
Partnership disputes often arise from disagreements over roles, rights, and duties, as well as issues related to breach of contract, disbursement, and salary. Misappropriation of funds and wrongful expulsion of a partner are also common triggers.
A Florida Business Partnership Agreement is a legal document that outlines the roles, rights, and duties of each partner. It serves as a roadmap for resolving disputes and clarifies the terms of the partnership.
The best way to avoid disputes is to have a well-drafted partnership agreement that clearly defines roles, responsibilities, and procedures for resolving disagreements. Regular communication and transparency among partners can also help.
Legal options include mediation, arbitration, and litigation. The choice depends on the severity of the dispute and the terms outlined in your partnership agreement. Boyer Law Firm specializes in all these methods to resolve disputes.
The duration of the legal process can vary depending on the complexity of the case and the method of dispute resolution chosen. Mediation and arbitration are generally quicker than litigation, but each case is unique.
