Partnership disputes can arise in a host of circumstances, even when a business is running successfully.
They will often lead to a great deal of disruption and uncertainty for the partners themselves, as well as employees and customers. While in many cases an adequately drafted partnership agreement can help to resolve disputes, there are always unforeseen circumstances that can make it difficult to deal with complex issues. If disputes are not managed and appropriately resolved, the outcome can be damaging to your career, your personal and professional reputation and result in a substantial loss of capital. This is why it is important that you seek expert and practical legal advice.
Every partnership is unique – the reasons for a dispute may arise out of the specific nature of your business or professional relationship. However, there is a range of common scenarios that will often be the root cause of partnership disputes.
The actions of individual partners will often be considered reflective of your business as a whole. When one partner fails to uphold professional standards, this can have a massive impact on your relationship with customers, clients or other professionals. Misconduct may involve:
This is a particularly common cause of disputes between partners and can come about for several reasons. It might be the case that the nature of your business means that one partner is not qualified or able to do certain types of work undertaken by your company, or that due to evolving economic factors the kind of work they can carry out is no longer as profitable as it once was. More simply, one partner may choose to spend more time away from the business than the other partners think is reasonable. It may also be the case that, due to age or health problems one of the partners is no longer able to carry out their role properly.
Disagreements between partners are normal in the course of any business – but if these disagreements escalate, they can have severe implications for the partnership as a whole. We can assist with disputes relating to, amongst others:
The partnership dispute lawyers at Nath Solicitors are highly experienced specialists when it comes to dealing with these issues. Whatever the nature of your dispute, we can provide clear, pragmatic advice on the rights and liabilities of respective parties and develop practical and pragmatic solutions to settle matters as quickly as possible. We offer a bespoke, personal service and with skills in mediation, arbitration, adjudication and expert determination we can work with you and other partners to achieve consensus professionally and sensitively.
Our dispute resolution solicitors are available to discuss your case today. Please call Nath Solicitors on 0203 670 5540 or contact us online.
"Shubha Nath is my go-to lawyer. She provided my department with commercial legal services for the best part of 10 years. She listens carefully to what the business requires, is clear in her explanation of complex legal agreements and frameworks and is incredibly fast at turning round documents. I was so impressed by her I've recommended her company Nath Solicitors to other businesses."Testimonial From Bernard McKeown
"Shubha, I'd just like to thank you for helping me to come to an amicable settlement with my former company co-directors so quickly and effectively. The advice and suggested approach certainly worked very well for me and I also felt a sense of safety and control being mentored through a very daunting process. You are brilliant at what you do and you helped me to cope with a very stressful situation. I would not hesitate to recommend you and Nath…Testimonial From Stephan Hepton
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We are pleased to note our satisfaction with the standard of service, offered to us by qualified and efficient team of Nath Solicitors. This is a Firm with high integrity and strong, traditional, values focusing on providing the utmost levels of customer satisfaction but don’t just take their word for it, take time to review their customer testimonials. Shubha Nath, who has been providing services to our company, has shown how passionate she is about her job and has delivered…MD of Security Company Dispute Resolution Testimonial
Client comment on company incorporation and advice on a shareholders agreement prepared by Shubha Nath. We felt well advised and Shubha protected our interests immaculately and we are truly very grateful to her for all her help in securing our interests. Director Food Company.Director of a Food Company