Business Disputes and Disagreements
Unfortunately, the reality for many business owners in the Tri-Valley, Bay Area and throughout California is that the greatest threat to your business may not be the actions of your competitors, employees, or customers, but rather a dispute with your business partners.A business dispute is disruptive in many ways. It can result in lost profits and the implosion of a business.Your concentration is diverted from operations. Your operations themselves may be disrupted by the other party's breach or failure.
Common reasons for partnership disputes often include, but are not limited to:
- Disputes over business decisions.
- Cash flow shortages.
- Economic pressures created by a partner's personal life.
- Disagreements over direction of the business.
Under California law, business owners and partners have fiduciary duties and obligations. These fiduciary duties not only apply to business-related matters, but may also include outside opportunities that may only be tangentially or incidentally related to the business. It is important to understand your rights and obligations in relation to your business and your business partners.
Contract Preparation, Review & Negotiation
Although careful planning is the best way to mitigate disputes, if that option is no longer available, well-planned and strategic negotiations are critical to achieving a favorable resolution to a business dispute. At the Law Offices of Alvin H. Lee, we work with our clients to resolve their business disputes in the most efficient and cost-effective way with a goal of avoiding litigation whenever possible. Many disputes are built on misinterpretations of one or more parties' rights and responsibilities under the existing agreement or relationship. By immersing ourselves in the situation, we are often able to identify highly effective means of moving forward and achieving our clients' goals without the requisite expense and time lost in taking a dispute to trial.
Contact Us Today to Schedule Your Free Consultation
The Law Offices of Alvin H. Lee is a full-service business law firm. Our office is experienced and dedicated to achieving our clients' objectives, while respecting most favorable terms and methodologies. Contact us to schedule a free consultation.