Partnership and Shareholder Disputes
Business disputes between partners, shareholders of closely-held corporations, and members of limited liability companies often arise as a result of differing objectives, perceived disparate treatment, freeze outs, conflicting management styles and deadlock over major business decisions. Our attorneys handle these disputes in all courts of the Commonwealth and strive for prompt and cost-effective resolution through arbitration, mediation, negotiation, or, where necessary, litigation.
These are some of the matters our firm has handled in this practice area:
Partnership Disputes
Successfully represented partners and minority shareholders in business disputes including dissolution of partnerships and closely held corporations.
Closely Held Corporations
Counseled numerous partners and shareholders in closely held businesses of rights and obligations as members of corporations, partnerships, and limited liability entities.
Shareholder Derivative Suit
Represented minority stockholder in shareholder derivative suit for breach of fiduciary duties which resulted in a judgment of over $1,000,000.
Corporate Deadlock
Creative strategies for avoiding and resolving deadlocks between partners and shareholders.
Minority Shareholder Freezeout
Represented minority shareholder of closely-held corporation in challenging enforceability and validity of stock redemption agreement.
Defense of Fiduciary Duty Claim
Successfully defended 50% partner of small business against claims brought by other 50% partner for breach of fiduciary duty, unjust enrichment, conversion and misappropriation of assets.
Separation Agreements
Negotiated separations of partners and shareholders in partnerships and closely held corporations.
Stockholder Buyout
Represented 50% member of limited liability company in deadlock with other 50% member, and successfully negotiated buy-out of other member's interest in business.
