Partnership Disputes

It is an unfortunate fact of commercial life that disagreements between business partners can occur. They can often be complex and emotive and therefore it is essential that bespoke legal advice is sought as soon as possible.

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Resolve Partnership Disputes with Expertise

Navigating the complexities of a partnership dispute can be challenging and stressful. When disagreements arise, they not only threaten the harmony within the business but also its future success. At Franklins Solicitors, we specialise in providing clear, effective solutions to partnership disputes, ensuring your business can move forward positively. With our expert legal representation, we turn conflict into resolution.

Why Partnership Disputes Need Immediate Attention

Partnership disputes can significantly impact your business operations, affecting everything from day-to-day functionality to long-term strategic goals. Whether it’s disagreements over financial contributions, differences in vision for the company’s future, or breaches of partnership agreements, early intervention by professional solicitors can prevent these issues from escalating, saving you time, resources, and stress.

Our Services in Resolving Partnership Disputes Include:

  • Bespoke Legal Advice: Tailored specifically to the nature and needs of your partnership dispute.
  • Negotiation and Mediation: Aimed at achieving amicable resolutions that preserve business relationships and protect interests.
  • Litigation: Robust representation in court, should litigation become necessary, backed by a strategic approach to secure the best possible outcome.
  • Contract Review and Drafting: Ensuring clarity in partnership agreements to prevent future disputes.
  • Preventive Strategies: Guidance on best practices to minimise the risk of future conflicts within the partnership.

Why Choose Franklins Solicitors?

  • Proven Track Record: We have successfully resolved a wide range of partnership disputes, restoring harmony and business continuity for our clients. Our case studies speak to our expertise and dedication to achieving favourable outcomes.
  • Expert Team: Our solicitors are highly experienced in partnership law, offering knowledgeable, clear, and practical advice.
  • Client-Centric Approach: We understand that every partnership dispute is unique. Our strategy is always tailored to meet your specific needs and objectives, ensuring personalised service.
  • Commitment to Excellence: At Franklins Solicitors, we are dedicated to providing the highest standard of legal representation, combining thoroughness, attention to detail, and a strategic approach to every case.

Act Now to Protect Your Business

Don’t let partnership disputes derail your business’s path to success. The sooner you address these challenges, the better the prospects for a favourable resolution. Engaging with Franklins Solicitors means choosing a partner who is committed to defending your interests and securing the future of your business.

Contact us today to discuss your partnership dispute. Let us provide the expert representation you need to navigate this complex issue and move forward with confidence.

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Frequently Asked Questions about Partnership Disputes

What is a partnership dispute?

A partnership dispute arises where one or more parties are in disagreement over an issue or course of action. Disputes can also arrive where one or more partners wish to cease the partnership or where a new partner is seeking to join the partnership.

What are three ways to settle a partnership dispute?

In the first instance, concerns should be addressed through conversation and negotiation. If a resolution cannot be reached then you may consider dissolving the partnership completely and closing the business, selling your share of the business or buying your partner’s share.

How are disputes settled in a partnership?

Disputes are most commonly settled through conversation and negotiation. If disputes cannot be resolved between the partners, then a mediator may be able to help find a resolution. If that still doesn’t create a route to resolving the matter then the partnership can either be dissolved or the shares can be bought/sold between the partners.

Do I need a lawyer for a partnership dispute?

When a partnership dispute arises it is advisable to appoint a lawyer to help represent you and your interests.

How do you seperate a business partner?

When business partners separate, the ownership situation in the business is important in determining how the partnership separates. Either the partnership will dissolve or one party may choose to buy the other party’s shares of the business.

How do you end a partnership agreement?

A partnership should have a partnership agreement in place, which helps to protect all parties involved. Refer to that in the first instance. As a general rule, once the conversation about ending the partnership has taken place, the legal process of ending the partnership can begin with companies house, HMRC and others. The company accounts should be kept up-to-date, all financial matters resolved and communication with customers and suppliers.

Contact the Franklins Dispute Resolution team

If you have any questions about partnership disputes, please don’t hesitate to contact our team of experts who are on hand and ready to help you.