How Do You Win An Internal Fight?
Nothing is more dangerous to your company than an out-of-control internal fight for control. Internal fights between members of an ownership group have a way of disrupting day-to-day operations. These are high-stakes matters, and you want to have faith in your attorney.
At my firm, Templeton Law Firm, I will work hard to earn your trust. I understand how much is at risk without the proper resolution to the complex issues of commercial disputes. But what will matter most is understanding your goals; once I know what you want, I can pursue the outcome that means the most to you.
Individualized Strategy. Personable Service.
Different business goals may be a part of it, but at the end of the day, every internal business dispute is a clash of personalities. I offer my legal insight to you to help you retain control in such matters as:
- Breaches of contract: Stakeholders in a business, from board members to CEOs, may have a contract. They must follow their contractual duties. If they do not, they disrupt the very foundation of the business.
- Breach of fiduciary duty: Fiduciary duty is the single highest standard of care an individual can have. If your company’s fiduciaries are violating their duty, you have no choice but to act for the good of your organization.
- Fraud: Beyond breaching contract or duty, misleading and putting the company in a legally suspect position demands action. If you believe that a member of the ownership group is committing fraud – or if someone accuses you of fraud – I can help.
- Tortious interference: When a third party interferes with your contracts, that is a complex, difficult situation. When that party is – presumably – a member of your team, you are placed in a highly difficult position.
As your lawyer, I will create a plan with you to help you pursue your goals in your partnership or shareholder disputes. I’m on your team, and I’m here to advocate for what works for you.
Frequently Asked Questions On Partnership Dispute
Partnership disputes can disrupt daily operations, harm reputations and jeopardize business growth. Understanding how disputes can unfold and how to resolve them is crucial for maintaining stability. Below are common questions about partnership disputes in Texas and how they may impact your business.
How can a partnership dispute affect my business?
A partnership dispute can lead to operational disruptions, delaying important decisions and projects. It can create financial strain by diverting resources to legal fees and reducing profitability.
Additionally, disputes can negatively affect employee morale and customer trust, potentially harming long-term business prospects.
In some cases, partners may act in their own interest, which can lead to further conflicts, asset mismanagement or legal action. The uncertainty that follows can weaken the company’s competitive edge, making it difficult to secure or attract new clients or investors.
How long do partnership dispute cases typically last in Texas courts?
The duration will depend on the issue’s complexity and the willingness of both parties to negotiate. On average, cases can take several months to over a year to resolve if litigation is necessary. Factors such as the court’s schedule, the need for expert testimony and the number of unresolved issues can extend the timeline.
Can I dissolve a partnership without going to court?
Yes, partnerships can often be dissolved without court involvement if all parties agree on the terms. A well-drafted partnership agreement outlines dissolution procedures, which can streamline the process.
If disagreements arise, arbitration can help avoid litigation, saving time and reducing costs. Having a clear exit strategy and buyout terms in the partnership agreement can ease the dissolution process.
However, if one partner refuses to cooperate, legal intervention may become necessary to protect business interests and help ensure a fair division of assets. Consulting with a partnership dispute lawyer can help ensure the necessary steps are followed to minimize complications.
Helping You Take Back Control
Seeing your business in jeopardy can make you worry a lot. Feeling like you’re losing control of your business is extremely unsettling. When you speak with me, attorney Scott Templeton, I will take every opportunity to show you how you can stay in control and keep on top of the situation. I will show you how we can build a strategy to preserve your business under Texas law.
Reach out to my office in San Angelo to learn more about my services in a free consultation. Call 325-777-1625 or send an email.