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Category Archives: Partnership Disputes

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Why a Handshake Deal Can Turn Into a Florida Partnership Lawsuit

By Michael Pike and Daniel Lustig |

Two people start a business together. They split the work, split the expenses, and split the profits, all without ever signing a written partnership agreement. For a while, everything runs smoothly. Then a disagreement over money, ownership, or direction hits, and both sides realize they never wrote down what they actually agreed to. What… Read More »

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The Most Common Causes of Partnership Disputes in Florida Businesses

By Michael Pike and Daniel Lustig |

Starting a business with a partner can feel like the smartest decision you ever made. Shared investment, divided responsibilities, a built-in sounding board. For a while, everything works. Then it doesn’t. Research consistently shows that somewhere between 70 and 80 percent of business partnerships ultimately fail, and when they do, the fallout is rarely… Read More »

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What Happens When Business Partners Disagree About Company Finances

By Michael Pike and Daniel Lustig |

Going into business with a partner can be one of the most rewarding decisions an entrepreneur makes. Shared resources, complementary skills, divided risk. But what happens when the two of you stop seeing eye to eye on money? Financial disagreements are among the most common and most destructive forces in any business partnership, and… Read More »

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Partnership Deadlock: What Legal Options Exist for Florida Businesses

By Michael Pike and Daniel Lustig |

Running a business with a partner can be rewarding, but what happens when the two of you simply cannot agree? A partnership deadlock occurs when partners are so divided on a critical decision that the business effectively grinds to a halt. It is more common than most business owners realize. And if your partnership… Read More »

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Signs a Partnership Dispute Is Heading Toward Litigation

By Michael Pike and Daniel Lustig |

Going into business with a partner can be one of the best decisions you ever make. Two sets of skills, shared risk, shared vision. But what happens when that vision fractures? Studies suggest that up to 70% of business partnerships ultimately fail, and a significant portion of those failures land in a courtroom. So… Read More »

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What Clause Do You Use to Address Deadlock Disputes in a 50/50 Partnership?

By Michael Pike and Daniel Lustig |

Are you entering a 50/50 partnership? No matter how much trust you have in your business partner, it is crucial that you have a well-drafted partnership agreement in place. Notably, with 50/50 partnerships, a provision that addresses deadlock disputes is a must. Here, our West Palm Beach partnership dispute lawyer highlights the key options… Read More »

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Suspect Your Business Partner in Embezzlement Funds? Here is What You Need to Do Next

By Michael Pike and Daniel Lustig |

You have to put a tremendous amount of trust in the hands of your business partner. Embezzlement is a serious breach of that trust. It is a legally actionable—sometimes even criminal—offense. You may have a civil claim. Here, our Miami partnership litigation attorney explains what you should do if you suspect that your business… Read More »

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How to Prepare for Mediation With a Business Partner in Florida

By Michael Pike and Daniel Lustig |

Are you trying to navigate a dispute with a business partner? Mediation can be an effective option for alternative dispute resolution (ADR). Before you enter partnership mediation, you need to be properly prepared. In this article, our Miami partnership dispute lawyers provide an overview of the key things to know about getting prepared for… Read More »

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Partnerships in the Real Estate Industry: What is a Lis Pendens?

By Michael Pike and Daniel Lustig |

South Florida has one of the most dynamic real estate markets in the entire country. Are you a partnership that is invested in real estate? It is crucial that you have an understanding of the laws and regulations that could affect your business. A key thing to be aware of is whether properties you… Read More »

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Should I Form a Partnership or a Multi-Member LLC?

By Michael Pike and Daniel Lustig |

To reach its full potential, a business needs to be set up properly. Among other things, it means selecting the right entity for your company. You may be wondering: Should I operate my new business as a partnership or a multi-member LLC? The answer depends on some case specific factors, including the type of… Read More »

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