Category Archives: Partnership Disputes
I Want Out of My Business Partnership in Florida—What are My Options?
Are you seeking an exit from your business partnership in Florida? The complexities surrounding partnership dissolutions require careful consideration of available options. Here, our West Palm Beach partnership lawyer explores the various avenues available to individuals looking to sever ties with their business partners in Florida. Step #1: Thoroughly Review Your Partnership Agreement Before… Read More »
Can I Make My Business Partner Invest More in the Partnership in Florida?
A successful business partnership will generally require a significant investment of resources—time, money, etc—on the part of the business partners. You may be wondering: What options are available if my partner is not investing enough into our business? In Florida, the answer depends primarily on the terms of your partnership agreement. Here, our Miami… Read More »
We Do Not Agree On the Meaning Of Our Partnership Agreement—What are Our Options?
Every business partnership in Florida needs a well-drafted partnership agreement in place. The agreement is effectively a contract that helps to form the foundation of the business relationship, including setting up the rights and obligations of each business partner. Of course, even with a strong partnership agreement, disputes can still arise. What happens if… Read More »
Essential Legal Considerations for Business Partnerships
Forming a business partnership can be a promising venture. The excitement of starting a new enterprise is considerable, however you must be careful. It is essential to lay a solid legal foundation to prevent potential conflicts and avoid any future litigation. The following are some of the most essential legal considerations for business partnerships:… Read More »
Can a Business Partner Take a Commercial Opportunity for Themselves?
What happens if your business partner decides to forgo an opportunity for the company and instead use it for themselves or one of their other businesses? Do you have any rights or options in Florida law? The answer is “yes”—though, the specific circumstances always matter, including the type of business you have, the nature… Read More »
Involved In A Partnership Dispute? A Revised Partnership Agreement May Be An Option
A dispute with your business partner can cause significant damage to your underlying business. It can also cost you a lot in terms of time, personal expense, and stress. As a general rule, it is advised that business partners locked in a dispute carefully consider every available option for a low conflict, collaborative resolution…. Read More »
Four Signs You Need An Attorney For A Partnership Dispute
Are you locked in a dispute with a business partner in Florida? These are matters that can be particularly difficult to navigate. Partnership disputes should be handled proactively and with the proper care. Of course, not every disagreement between business partners is a full blown legal dispute. At the same time, you need to… Read More »
My Business Partner Breached Our Partnership Agreement: What Are My Remedies?
A partnership agreement is a core founding document for business partnerships in Florida. Each partner should abide by their contractual duties. When they fail to do so, it can cause personal and/or professional problems for their business partner. This raises an important question: What options are available to handle a breach of partnership agreement… Read More »
Resolving A Business Partnership Agreement Over An Uneven Workload
Partnerships can be complex businesses. By the very structure of the business, the partners must rely on each other—including to pick up their fair share of the workload. What happens if one partner is not caring about their weight? It could lead to hard feelings, business issues, and even a legal conflict. Here, our… Read More »
Resolving A Dispute Over A Foreign Limited Partnership In Florida
Are you a business partner in a foreign limited partnership (FLP) in Florida? It can be an advantageous legal structure for many different reasons. However, commercial disputes and legal disputes can arise between the partners of a FLP. A proactive approach is a must when addressing any type of partnership dispute. Here, our West… Read More »