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Shareholder & Partnership Disputes

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Shareholder & Partnership Disputes

Shareholder & Partnership disputes can be especially complex to resolve as there is often a close working relationship or even personal relationship between the parties. Our team help you assert, protect and defend your rights as a shareholder.

Going into business with others is the commercial equivalent of getting married, and the corporate divorces which often follow can be just as painful as a marriage breakdown.

We offer the advice you need to protect your position in the business and provide assistance at the earliest stage when business relationships do break down in order to safeguard your interests.

In partnerships where there is no written agreement and a working relationship has built up over time, seeking legal advice at an early stage can help prevent personal fallouts between partners and get the business back on track.

Our specialist team at Silvine Law can advise at any stage of a dispute, including disputes involving:

  • Accountancy issues
  • Minority shareholder rights
  • Dissolving a partnership
  • Duty of partners not to compete with partnership
  • Expulsion from a partnership
  • Profit sharing
  • Property bought with partnership money
  • Retirement from a partnership

In the event a partner has been expelled from a partnership, it may be possible to claim damages for a breach of fiduciary obligations, or to claim for full payment of any fees due.

In the absence of a partnership agreement, any profits and losses and management control are automatically shared equally between the partners – meaning that an individual partner can be personally liable for any partnership debts.

Silvine Law can advise on court action and injunctions to prevent certain actions taking place within the partnership as well as advising on dispute resolution and mediation services which may help to prevent costly litigation in a dispute.

We can also advise on the departure of a partner and any consequences, such as the automatic dissolution of the partnership and any legal implications.

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