Resolving Partnership Disputes
Our solicitors are vastly experienced in assisting companies of all sizes to facilitate and advise upon resolving partnership disputes. At Blackstone Solicitors, we are able to advise many different types of client, no matter the complexity of the dispute you find yourself in.
For more information about how our team of corporate solicitors can help resolve your partnership dispute, contact us on 0345 901 0445 or complete our online enquiry form and a member of the team will call you back at a convenient time.
Disputes between partners, unfortunately, happen all too often. In some cases, the conflict becomes a dispute that threatens the viability of the partnership.
Partnership disputes can happen for a number of reasons and the reasons can include a perceived imbalance of workload between the partners, allegations of impropriety or misconduct by one partner against another, disagreements concerning the running of the business, disagreements about the original partnership agreement and disputes regarding the allocation of resources.
Blackstone Solicitors are known for our efficiency, attention to detail and ability to get things done; qualities much needed when resolving partnership disputes. We will provide professional, pragmatic advice based on our years of experience in this specialist area.
Our team will do all that is necessary to ensure you are properly represented in any negotiations and will put your interests first at all times. The partnership agreement in a business can be highly technical and can sometimes involve different areas of law and regulations; we can advise on all these areas and make sure you are in the best possible position for a successful outcome to your negotiations when involved in a dispute.
Why Legal Help is Important
It should be remembered that a partnership dispute can occur in companies of any size and in any industry. This can apply to family managed partnerships where the subtleties and complexities of family politics can come into play. We are very experienced in these types of disputes.
The process can be complex, potentially stressful and can be considered to be an incredibly important event that will have an impact on you and the business, both in the short and long term – it is therefore imperative that you have the best legal experts at your side, not only to ensure everything progresses as it should but also to make sure both you and the business benefits from the best possible outcome.
If a dispute has arisen, there are often provisions within the partnership agreement setting out the process involved in order to resolve the dispute. In this instance, it is important to ensure that these have been followed.
The chief aim of any method of settling a dispute between partners is to ensure a fair outcome for the individuals concerned and minimal disruption to the operation of the business. The presence of a formal partnership agreement will be extremely beneficial in settling disputes. However, there are additional mechanisms that can be considered if there is no formal partnership agreement in place. These can include arbitration and mediation.
In arbitration, the procedure is agreed between all parties, including the arbitrator, and usually involves an analysis of the evidence presented by the parties involved in the dispute. This process is often faster and cheaper than going through the court process.
In mediation, the aim is to try and get the parties to agree to terms that are mutually beneficial, rather than fighting a battle over who has the law on their side. After successful mediation, the parties will then normally enter into a legally binding agreement.
Whatever the mechanism of resolving your partnership dispute, we ensure full compliance with corporate laws and regulations, so that you can achieve resolution on a firm financial and legal basis.
We will work with you to ensure all financial, tax and legal aspects of resolving the partnership dispute is properly addressed. We are able to assist with any aspect of this and will guide you through the technicalities in a clear and concise way. We have a team of experienced solicitors well versed in the process who are ready to assist you.
Get in Touch
Find out more about our services and how our corporate solicitors can assist you and your business by getting in touch. We have offices in Cheshire and London and are able to serve clients across the North West, including Chester and Manchester, as well as throughout the UK and also overseas.