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Written/Reviewed By:
Barry S. Kantrowitz, Esq.Last Updated: Sep 14, 2024
Read Time: 3 mins
Your Rockland County, NY partnership dispute lawyer can help keep the gears turning so you can focus on what really matters. Running a business should be your top priority, but a partnership dispute can derail your progress and knock you off your game. That’s why you need Kantrowitz, Goldhamer, Graifman, Perlmutter & Carballo, P.C. Since 1975, we’ve been helping our clients with all types of cases, including business disputes and partnership disputes alike. Now, we’re ready to help you next. Read on to learn more about partnership disputes, and contact us today.
Common Reasons For Partnership Disputes
There are many reasons for partnership disputes. In some cases, one partner may feel that they have less say in the direction that the company takes. In other cases, partners may disagree over compensation, or even credit for creating a new product. Since every company is different, these disputes can take many different forms. But no matter the specifics, your Rockland County partnership dispute lawyer can show you how to handle your next steps. And if you’re proactive, you can steer clear of partnership disputes altogether.
Preventing Partnership Disputes
Most businesses are too big and complicated for one person to run completely solo, so business partnership agreements can keep everyone on the same page while also clearly defining the rights and responsibilities of each partner. Partnership agreements are important documents that can prevent disputes in the future. And when you create a partnership agreement with your lawyer, you can also include helpful clauses that show all parties how to proceed if there’s ever a serious dispute.
Alternative Dispute Resolution
Many partnership agreements include alternative dispute resolution (ADR) clauses. These clauses exist so all parties can follow a systematic process in the event a dispute. Rather than jumping straight to litigation, an ADR clause may require the relevant parties to participate in mediation or arbitration first. This can potentially save time, money, and the relationship you’ve built with your business partners over time. However, there are some factors that can cause you to skip ADR altogether. One of the most important is a breach of fiduciary duty.
Breaches Of Fiduciary Duty
When you’re running a business, you have a responsibility to your other partners. But if a partner willingly disregards this responsibility for personal gain, you should lawyer up. Breaches of fiduciary duty are serious. If one partner is supposed act in the best interests of the company as a whole, but instead acts in his or her own self-interests, it could constitute as a breach of fiduciary duty.
We’re Ready To Help. Contact Us Today.
A partnership dispute can derail your entire operation. Instead of focusing on running your business, you can find yourself embroiled in a bitter fight over how your company should be run. That’s not a path to success. It’s not even a path to staying afloat. It’s a path to delays, frustration, and a slow and drawn out feud that lets your competitors take your market share. To avoid all this, you’ll need the best resolution possible, and you’ll need a legal team you can trust. Contact Kantrowitz, Goldhamer, Graifman, Perlmutter & Carballo, P.C. today, and see what a Rockland County partnership dispute lawyer from our office can do for you.
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LWelsh1 days agoTrustindex verifies that the original source of the review is Google.
Clever and efficient.Posted on Google
Kenny Perlow22 days agoTrustindex verifies that the original source of the review is Google.
KGG Law, and Barry Kantrowitz in particular, set the bar high for what a thorough, practical, strategic, compassionate and smart lawyer can be. Everything about Barry's advice and representation was exemplary and the stress mitigation that resulted was invaluable. On top of that, the ultimate result Barry achieved was beyond what was reasonable to expect and we are forever grateful. Often, people say that you hire a lawyer to prevent a problem. Sometimes, unfortunately, you need an attorney to solve a problem and I could not recommend Barry and his firm any more highly in that regard.Posted on Google
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My dad had a great experience with this law firm. From the very beginning, the team was professional, knowledgeable, and always willing to answer our questions. They kept us informed throughout the entire process and made what could have been a very stressful situation much easier to handle. We truly appreciated their dedication, honesty, and hard work. Thanks to their support, my dad felt confident every step of the way. We are very grateful for everything they did and would highly recommend this firm to anyone looking for reliable legal representation.Posted on Google
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I had a wonderful experience working with Sam Smith. He was very responsive, thorough, and easy to work with from start to finish. He walked me through everything clearly and made what started as a very stressful situation for me into something completely manageable. I would not hesitate to recommend him and the firm!Posted on Google
Mike Sakmann95 days agoTrustindex verifies that the original source of the review is Google.
I sought legal advice regarding an employment matter and had an excellent experience working with Sam Smith, Esq. at KGG Law. Sam was thorough, attentive, and took the time to listen carefully to my concerns before providing clear, thoughtful guidance. I appreciated the professionalism and care shown throughout the process, and I would confidently recommend KGG Law to anyone in need of legal assistance.Posted on Google
Liz Hecker101 days agoTrustindex verifies that the original source of the review is Google.
I can't say enough about this firm. They manage to comfort you during the whole legal process while staying professional and doing what is right. I would recommend them to anyone and also hire them again if I need legal help.Posted on Google
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Kate is the best. She helped me very quickly, and was very attentive with all of my needs. So thankful for herPosted on Google
Mike Greenspan137 days agoTrustindex verifies that the original source of the review is Google.
Kate Carballo is a dedicated, passionate, and creative attorney whom I had the pleasure to lecture with at a state trial lawyer's conference. Kate's lecture demonstrated how she uses her innovative and "out-of-the-box thinking" to achieve outstanding results for her injured clients. That Kate is certified by the Supreme Court of New Jersey as a civil trial attorney is a testament to her skills, experience and commitment to excellence.Posted on Google
Jonathan Sampson144 days agoTrustindex verifies that the original source of the review is Google.
Was referred to KGG law by a friend and could not have asked for better legal representation. They walked me through every step of the process after my accident and began every call with “ how are you feeling” which was just one example of how much they care about their clients. They handled my case very efficiently, professionally and courteously. My attorney Kate Carballo was a rock star! So clearly experienced, she consistently made me feel at ease with the process. Highly recommendPosted on Google
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We had a great experience with the team at KGG Law. While it was a traumatic time for our family, they made it very easy for us and explained all of our options. They even performed due diligence to make sure that after our settlement, there would be no further issues which I think is even more important than the settlement itself. Thank you!