Partnership disagreements can quickly derail the operations of a thriving business. Questions over each partner’s responsibilities and purview, disagreements over the direction of the business, splitting profits, financial management, and even accusations of breach of fiduciary duty or breach of contract spell trouble for everything you’ve worked so hard to achieve. Taking legal action, and consulting with our Coquitlam, BC partnership dispute lawyer, can help you understand your options for cost-effective resolution. Contact HS Law Corporation, HS Law today to get started.
Partnership Dispute Lawyer Coquitlam, BC
We represent hardworking entrepreneurs like you who have built something worth preserving. When we take on a commercial dispute, we start with an in-depth conversation with you so we fully understand the nature of the dispute. Then, we give practical, focused advice grounded in reality so you are aware of what is and is not possible under British Columbia law. There’s a lot on the line: your professional reputation, your relationship with your business partners, and your investment. We take all the necessary steps to secure it.
Ideally, you have a written partnership agreement that outlines each partner’s investment, profit share, responsibilities, and fiduciary duties. If so, we carefully review the agreement and guide you through the steps outlined for dispute resolution, such as arbitration or mediation. Without an agreement, we explain your options, including filing a suit for a breach of fiduciary duty or contract violation, taking the legal steps to remove a partner, or mediating a resolution between you and your other partners.
If there is a question of mismanagement of funds, commingling assets, theft, and fraud, then we may file a civil action to recoup your losses or even file charges against the partner who misappropriated or stole the company funds. Your interests are our interests, and we focus only on those.
Your options may be dictated by the provisions of the British Columbia Partnership Act, which does not provide the same remedies for an aggrieved party as corporate shareholders enjoy under the Business Corporations Act. However, we may apply to the court for similar relief, including damages owed to you due to your partner’s conduct, liquidate certain assets, or force a sale or buyout of the problematic partner’s share. We can also negotiate a partnership dissolution or restructuring, ideally avoiding legal action and a trial.
Our Experience Matters For Swift Resolution Of Business Disputes
Unresolved issues between partners can cause effective business operations to grind to a halt. Taking swift, proactive legal action can preserve the value of your business, your brand reputation, and as much of your investment as possible. Experience matters when everything you’ve worked hard for is under threat. Our firm brings:
- Firm founder Hogan Song, a business owner and investor who understands the challenges that BC businesses like yours face.
- Mr. Song is an active member of the Tri-Cities Chamber of Commerce and its Government Relations and Economic Development Committee. We’re local and believe in giving back to our community.
Do you need help resolving a business partnership dispute? Our Coquitlam partnership dispute lawyer is ready to help. Contact HS Law Corporation, HS Law today for a consultation.
