The majority of employers in this nation are small business owners, and millions entered into business partnerships when they started their companies. Partnership disputes occur when one partner has a different vision for the company, just wants out, or when the company dissolves. When any of these situations occur, disputes can be awkward, messy, and downright ugly. You need to protect your rights by finding out what options you have for resolving partnership disputes.
What are Some Resolution Options for Partnership Disputes?
- Arbitration - when a neutral person or persons help determine the outcome of the case, outside the court. Both parties have to agree to participate in arbitration, but one partner may not be satisfied with the compromise and may turn to litigation.
- Mediation - when a third party (neutral mediator) works with both parties to reach a settlement of their dispute. Parties are actively participating in negotiating the settlement.
- Litigation - when the judicial system is used to resolve business and partnership disputes using an approved set of procedures.
At the Voss Law Firm, we resolve partnership disputes and other business disputes through arbitration, mediation, and litigation. Our experienced business litigation attorneys will assess your case and provide you with your legal options. Not every case will need litigation; however, if your case needs to go to trial, we are prepared to take it to trial and even appeal.
Most people assume that litigation is the most costly approach, but the attorneys at the Voss Law Firm take most of their business litigation cases on a contingency basis. This means that you pay nothing unless your case is won and then the law firm collects a portion of your recovery. Call us today and speak with a knowledgeable Texas business litigation lawyer at 888-614-7730.
If you are facing a partnership dispute, you need to order your complimentary copy of attorney Bill Voss's book Business Disputes - Critical Information for All Business Owners. Order your FREE copy today.