Wheat Ridge Business Ownership Dispute Attorney
When you own your own business, you may not always anticipate the problems that could arise between your partners and shareholders. When a problem does arise, how you handle it could have a significant impact on your business and on your future. Business dispute laws can be complicated, but with an experienced Wheat Ridge business ownership dispute attorney on your side from the start, you can protect your business and your investments and handle contentious issues swiftly.
Business owner disputes are most common in small or closely held entities. Differences on management approaches or the future of the company are common, especially in small companies. These disputes can become emotionally charged and can hurt your business if they are not handled quickly.
When you first encounter a business dispute with your business partners, the first step you should take is to check your agreements. If your business is a corporation, check the shareholder agreement. If your business is an LLC, check the operating agreement. If you do not have an agreement, you must look to the default rules of Colorado.
Types of Business Ownership Disputes
At the Murphy Law Firm, our business litigation lawyers have experience handling a wide variety of business ownership disputes, such as:
- Self dealing
- Failing to seek counsel
- Fiduciary duty violations
- Minority shareholder disputes
- Breach of contract
- Falsifying books or records
- Business fraud
- Partnership disputes
- Disputes from the addition, loss, or lack of involvement of owners
- Disputes arising from documentation issues
- Dissolution of the business
- Buy outs
Mediation can Help in Business Ownership Disputes
There is little doubt that disputes between owners are often both emotional and contentious. Yet there is hope. In a business, there is often a shared interest in retaining the value of the company. This shared interest in what is best for the company makes mediation ideal for business owner disputes. Through mediation, both parties work to find a common ground that is mutually agreeable. This can help avoid a prolonged courtroom battle that could destroy the business and the future of both owners.
Contact Our Wheat Ridge Business Ownership Dispute Lawyers
At the Murphy Law Firm, our Wheat Ridge business dispute lawyers are experienced and knowledgeable in all areas of business law in Colorado. If you are facing a dispute with your partners or shareholders, it is important to tackle this dispute swiftly. Contact us today for a free initial consultation and review of your case. Call us at 303-536-7000.