Partnership Lawsuits

Partnership Lawsuits

Resolving Disputes with a Los Angeles Business Litigation Lawyer

It is an unfortunate fact of life that partners sometimes have disagreements that they are unable to resolve by the usual means of communication, mediation or arbitration. In these cases, litigation is the final option for resolution. If you find yourself in this situation with your business partner, a dedicated lawyer from The Mirkhan Law Firm can help you to determine the best possible way to achieve effective resolution.

Reasons for Conflict

Disputes between partners can be based upon a wide range of issues. The partners may agree to end the partnership, but are unable to agree on the terms of the buyout. As partners get older, they begin to consider what will become of their financial situation upon retirement. If issues arise out of trying to figure out finances for each partner upon retiring, this could amplify other minor disputes and result in a company split.

A violation of fiduciary duties or a breach of contract may also be the cause of the legal action. When one party does not hold up to their responsibilities it can cause grounds for serious tension. This may include not paying for certain expenses, not completing necessary work or failing to take part in pertinent company events. Without the legal help of an outside party, it may be near impossible to solve these types of conflicts.

There may also be significant issues between family members within the business itself that develop into a major dispute. Emotions often run high in partnership disputes involving family members, as the partners may derive a good portion of their personal identity from their company. They also typically have invested a great deal of time and effort into the success of the business. Often the only way to resolve these situations is with a discussion between all the parties with a mediator.

Assistance with Business Issues

Whatever the cause may be, the essential factor is that it is handled effectively and efficiently before more serious problems develop. We understand that you have worked hard to create the business and make it a success. The Mirkhan Law Firm can help you to take the necessary steps to protect your rights in cases of partnership disputes.

Disputes between partners can disrupt the smooth flow and prosperity of a business. Our firm understands the sensitive nature of these situations and the effects that they can have on the future relationship of the owners. We will provide you with the trusted counsel you require to guide you through the process. Mr. Mehrshad Mirkhan, our lead attorney, is a knowledgeable and proven litigator in complex legal cases. The Los Angeles business litigation attorneys at our firm have experience with small and large corporations as well as Fortune 500 companies. We have successfully litigated cases against some of the best law firms in the country. You can feel confident that we are committed to our clients and accomplished in our skills.