If not resolved quickly, partnership disputes can damage professional reputations and business income, so it is important to get practical legal advice quickly before matters escalate.
We recognise that partnership disputes can be very sensitive and that there is a need to observe the highest levels of confidentiality. Our approach is to minimise costs by seeking a fair and realistic settlement to a partnership dispute without resort to formal litigation but where this cannot be achieved, we can support you through the litigation process.
Throughout we will keep a keen commercial outlook, recognising that disruption to your partnership needs to be minimised, your reputation needs to be protected, and you need to be clear about the risks involved. Whatever the nature of your partnership dispute, our solicitors 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.
For a no obligation quote please contact Dispute Resolution solicitor Laura Colebrook on E: l.colebrook@thpsolicitors.co.uk or call T: 0118 975 6622.
We regularly advise partnerships and LLPs, as well as individual partners and members, on disputes, including:
Without a written agreement, disputes are governed by the Partnership Act 1890, which may not reflect the commercial reality of your arrangement. This can complicate matters, so legal advice is essential.
This depends on the terms of the partnership agreement. If no such clause exists, it may be necessary to dissolve the partnership and re-form.
Disputes between partners can often be resolved through mediation, arbitration or expert determination, or by agreeing a buyout of a partner’s interest, and in some cases may require dissolution of the partnership altogether.
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