Ownership Disputes Can Be Ruinous
Disagreements between business partners are common and healthy. It allows for a more complex understanding of perspective and often a more profitable and smarter decision-making process. Unfortunately, disagreements can also be a risky proposition, and when they get too contentious, the entire business is in jeopardy.
Roland Tong, Attorney and Partner of Manning, & Kass, Ellrod, Ramirez, Trester LLP offers clients from San Diego, Costa Mesa and Los Angeles the total attention and dedication of a solo attorney, with the support and resources of a large law firm. For disputes within leadership groups, he provides extensive experience in federal court and diligent service that can make a massive impact.
Recognizing A Destructive Business Dispute
There is a fine line between a good debate and the beginnings of a catastrophic business dispute. Some signs could be a noted lack of respect, one partner avoiding their obligations or suspicious financial issues. You may even face allegations of such actions. At that point, avoiding a dispute is very unlikely.
A business partner or ownership group can include any or all of the following:
- Breach of fiduciary duty
- Partner removals
- Breach of duty of loyalty
- Breach of a noncompete agreement
- Partnership dissolutions
Often, but not necessarily, disputes such as these lead to a total overhaul of the leadership within a company and a change in direction. It doesn’t always go that way, but if it does, Roland Tong is well-suited to address your major concerns.
Resolving Partnership And Ownership Disputes In California
Business partnership and ownership disputes can happen when business partners who once shared the same goals start to have different ideas. This can lead to arguments about how the business should be run, who should be in charge and who owns what.
Even though this might seem like a natural part of business, dealing with these disagreements involves understanding the legal, financial and personal sides of things. The good news: you don’t need to do it on your own.
How To Recognize A Destructive Business Dispute
Business disputes are inevitable, but not all are created equal. Some disagreements can be productive, leading to better solutions and stronger relationships. Others, however, can devolve into destructive conflicts that harm the business, its employees, and its stakeholders. Major red flags to watch out for are:
- Lack of communication
- Legal threats
- Negative Impact on productivity
- Reputational damage
- Unwillingness to compromise
- Personal attacks
- Stagnation
- Escalating conflict
In the event you spot the above red flags in a business dispute, act fast and seek legal services. Attorney Roland Tong will walk you through the options available in pursuing justice.
How A Business Lawyer Can Address A Business Divorce Case
The power a business law attorney holds in effectively addressing a business divorce case entails:
- Uncovering risks: Analyzes agreements to identify weaknesses and prevent conflicts.
- Resolving disputes: Navigates negotiations, mediation and litigation for amicable solutions.
- Crafting contracts: Drafts and reviews agreements that are clear, enforceable and protective of all parties.
- Staying compliant: Guides clients through changing laws and regulations to help avoid legal issues.
- Transaction savvy: Conducts due diligence and mitigates risks during mergers, acquisitions and ownership changes.
- Master negotiator: Advocates for clients’ interests and finds common ground in complex discussions.
- Informed decisions: Educates clients on legal implications and empowers them to make informed choices.
- Confident communication: Upholds confidentiality and provides trusted legal advice in a safe space.
Business divorce matters are not DIY projects. They require the skills and knowledge of a qualified business lawyer like Roland Tong.
‘The Perfect Attitude’
Clients across Southern California turn to attorney Roland Tong for his established reputation as a skilled lawyer. He’s attentive, careful and extremely focused on getting his clients the results they deserve. Reach out today to find out how he can make a major difference for you in your dispute.
Call 949-298-6867 or send an email using this online form.