Partnership Disputes


Partnership Disputes

A partnership dispute is like a divorce; it’s expensive, time-consuming, emotional, and oftentimes destructive. In this scenario, the business is the child at the center of the disagreements. When partners disagree or can’t find a way to resolve their differences, it causes a major disruption to the business. Partnership disputes arise for many different reasons. How easily the disputes are resolved typically comes down to whether there is a written partnership agreement and how well it was written. When a partnership agreement doesn’t exist, lawyers must thoroughly analyze the situation to try to help the partners create a fair resolution that protects the business.

The team at Minnesota Construction Law Services understands the destructive nature of partnership disputes; we know the monetary, emotional, and relationship tolls it takes. Our experience allows us to understand the business owners’ perspectives while considering the condition of the business when advising the resolution process. We make business divorce as easy as possible to protect the business and the partners.


What is our process?

Partnership Disputes

Common Issues

Oftentimes people decide to go into business together because they are friends or family members. While the initial partnership goes well, over time the friends or family members develop different personal and business goals. As their reasons for being in business change, their ideas about how the business should operate can start to create harmful strifes between the partners. When partners begin as friends, they don’t think it’s important to spend time or money on a written partnership agreement. When problems arise, there is not a predetermined process to help them resolve the issues. Our lawyers know how to deal with business partnership disputes and how to navigate the best possible solution. In addition, we help partners create business-specific and detailed contracts so your business and partnerships are protected in the future.

Partnership disputes interrupt daily operations and inhibit future business. We craft resolutions that solve the dispute as quickly as possible so you can get back to focusing on the business.

The first step is determining whether the thing is hurting the business, or simply getting in the way of where you want the business to go. As your third-party business partner, we can help evaluate the issue to determine whether the execution is failing or the partners’ goals are misaligned. Understanding your business is the only way to solve the problem, rather than getting tangled up chasing symptoms.

The ideal time to create a partnership agreement is when you form the business. If you didn’t create the written agreement then, get it done as soon as possible. As long as the partners are on good terms, you can create a partnership agreement based on mutual respect and trust regardless of how long you’ve been running the business. The worst time to try to put together an agreement is when the partners are not agreeing!


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