Partnership and Shareholder Dispute Attorneys in Indiana
Skilled Indianapolis Lawyers Providing Representation in Partnership and Shareholder Disputes
When there are multiple parties attempting to steer a company's direction, disputes are bound to occur. Everybody involved may have an opinion about the best way to move forward with a new concept or business method, and the opinions the parties present can contradict each other. When disputes between a company's management arises, legal action may need to be taken to settle these issues.
In some cases, the business's owners may be able to resolve any partnership or shareholder disputes before legal action is necessary. However, where an amicable resolution is not possible, litigation may be the best way to solve the problems.
At Due Doyle Fanning & Alderfer, LLP, we represent clients facing problems in their businesses that require the legal guidance of a skilled litigator. Our attorneys can help determine the correct course of action when a dispute arises that could have a significant impact on the future of the business. We are uncompromising when it comes to pursuing business litigation for our clients, and we bring our significant trial experience to each case that requires an appearance in court.
Partnership and Shareholder Disputes That May Arise
Partner and shareholder disputes can arise in a multitude of ways, and they often demand immediate attention in order to mitigate any potential damage to the company. These disputes may indirectly involve customers, contracts, or a variety of other parts of the business.
The following is a list of partnership and shareholder disputes that your business may experience:
- Buy-sell agreements. Disputes may arise over the purchase of new assets or the selling of assets that belong to the company itself.
- Management deadlocks. Company management may be unable to make decisions regarding the business without the use of litigation.
- Succession planning. Often, disputes regarding the future of the company will arise, especially in family-owned businesses.
- Violation of corporate regulations. Litigation may be necessary if shareholders or partners act in violation of company bylaws.
- Contract breach. A contractual breach may require litigation to resolve the matter.
- Executive compensation. Compensation for management may be a source of conflict between shareholders and partners.
Resolving Partnership and Shareholder Disputes
If the business's management cannot come to an agreement on their own, they may require the skill and advice of an attorney to help mediate or to provide representation in the event that litigation is necessary.
It is generally more cost-effective and productive for all parties involved to resolve an issue without resorting to litigation, but this might not be possible in all circumstances. You should consult with your attorney and discuss all of the options available to you when a dispute with a partner or with shareholders occurs.
Contact Our Indianapolis Business Partner Dispute Lawyers
If your company is experiencing a shareholder or partnership dispute, contact Due Doyle Fanning & Alderfer, LLP at 317-635-7700 for your initial legal consultation with one of our experienced Indianapolis business litigation attorneys. We can help you work toward a productive solution for your company.