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, sometimes legal action has to be taken to settle the disputes.
In some cases, the business' 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 business which require the necessary legal guidance of a skilled litigator. Our attorneys 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 bring our significant trial experience to each case which requires an appearance in court.
Partnership and Shareholder Disputes That May Arise
Partnership and shareholder disputes can arise in a multitude of ways, and 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' 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 it might not be possible in all circumstances. You should consult with your attorney all of the options available to you when a dispute with a partner or with shareholders occurs.
Commercial Litigation Attorneys in Indianapolis
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 employment attorneys. We can help you work toward a productive solution for your company.