Palmer & Manuel PLLC
Call Today For A Consultation
214-242-6444

Different ways you can resolve partnership disputes

Business owners in Texas will be dealing with a vast array of hurdles as they progress through their business journey. One potential issue is that of disputes or disagreements among partners, which can occur between anyone for many reasons. The important part is knowing how to handle it.

Business News Daily takes a look at what you can do when a partnership starts going downhill. They look at many different areas in which disputes can occur in, including monetary issues, intellectual property (IP), or operational functions. Depending on what caused the disagreement to occur, it's possible for partners to work things out without legal action. Mediators or counselors for business may be brought in to allow for a safe and open environment where all opinions are heard. This generally works best for issues like one partner having trouble with another not pulling their weight.

Unfortunately, some situations make it difficult or even impossible to reconcile in such a way. Entrepreneur looks at the legal actions that can be taken once negotiation and good communication prove to be ineffective. In these cases, it's possible to take a business partner to court over the dispute. This is effective in situations such as when a partner is stealing funds, writing false reports, or other deliberately harmful or deceptive actions.

Regardless of what option a person decides is best for them or their business, guidance can be helpful. Whether that presents itself in the form of legal help or mediation, having a third neutral party involved can take out some of the stress.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Contact Us For A Confidential Consultation

Our dedicated team of experienced attorneys bring years of successful litigation and courtroom experience to offer a fresh outlook for all your legal matters. Regardless of the complexity of your situation, our team can provide you with a thorough evaluation of your case and current legal standing. To request additional information regarding our services, please reach out to our offices at your earliest convenience by calling 214-242-6444.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Palmer & Manuel PLLC
8350 N. Central Expressway Suite 1111
Dallas, TX 75206

Phone: 214-242-6444
Fax: 214-265-1950
Dallas Law Office Map