Partnership disputes

Two heads tend to be better than one; that’s why business partnerships work so well. Most of the time, these partnerships work well and every-day negotiations are made easily between you. However, there can be bumps in the road when certain subjects are more difficult to meet in the middle on.

That’s where our Partnerships Disputes solicitors at Talbots come in. We’re here to help you reach an agreement quickly and efficiently so you can both continue to focus on the future of your business.

When you go into business with someone, you create a bond of trust and understanding. However, a variety of issues can cause a conflict between you. It could be a violation of the partnership agreement, disagreements with the way the business should be run, differences regarding the division of business profits, unethical practices or failure to fulfil business duties.

Our partnership disputes team have worked with a wide range of issues, and are always prepared to reach a rational agreement as soon as possible.

Why choose Talbot’s partnership disputes solicitors?

At Talbots Law, we believe you should have a positive and healthy relationship with your business partner, not only for yourselves, but also for the future of your business. That’s why our solicitors will work tirelessly and passionately for your cause to reach an agreed conclusion with efficiency and with as little hassle as possible. When you instruct us, we will do everything in our power to ensure that your rights as a business partner are protected at all times. We are strong believers in speaking in plain English; it’s important to us that you feel comfortable in the knowledge that you know exactly what’s going on at each stage of the process. We always aim to deal with disputes in an efficient and stress-free way so you can carry on with your day-to-day life as soon as possible.

What happens if I don’t have a Partnership Agreement?

Our specialist partnership disputes solicitors can help you under the Partnership Act 1890. However, this act has a few discrepancies. For example, if you wish to remove a partner for whatever reason, this act cannot help you do so – if there is no written agreement between you, you may have to dissolve the partnership completely.

This can be a complicated process, but it’s nothing that our team at Talbots Law can’t handle. If you find yourself in a situation where you do not have a partnership agreement, contact our partnership disputes solicitors and they will give you the advice you need – completely jargon free.

What if I do have a Partnership Agreement?

This makes matters a little more straight forward. The agreement should be well thought out and comprehensive, so will be a real asset when resolving issues between you. We always aim to settle matters quickly and efficiently outside of court through mediation, or whatever mechanism you prefer.

Through your agreement, we should be able to decipher whether a partner can be removed and what will happen to their share of partnership assets and possible debts. Overall, with a partnership agreement in place, a resolution can be made a lot faster, therefore saving you a lot of time in the long run.

What is the best way to resolve a partnership dispute?

We always recommend negotiation or mediation first, as you may find that your issue can be resolved outside of court. With our partnership disputes team by your side the whole time, you can be confident in the knowledge that you are in good hands. By simply discussing your issues in a sensible and rational way, a resolution is far more likely to happen. Throughout the whole process, you will never have to go it alone; our team are always there to offer legal advice whenever you need it.

Reach a rational agreement with your business partner the easy way with our partnership disputes solicitors by your side. Speak to the specialist partnership disputes solicitors at Talbots Law for advice today on 0800 118 1500.

 

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