Litigating Disputes among Business Partners and Shareholders
Disputes among the owners of closely-held businesses are often called business divorces, and with good reason. Disagreements over control of a business are often accompanied by claims of breach of trust and betrayal between entrepreneurs who once got along well together.
At Schachter Harris, LLP, our Dallas business dispute attorneys represent business partners, shareholders, and members in disputes with their fellow owners. Our breadth of experience both pursuing and defending these cases enables our lawyers to skillfully guide clients through the intricacies of disputes involving business entities and associations of all kinds.
Understanding the Legal Rights and Obligations of Business Co-Owners
Disputes among business partners typically arise when minority owners are victimized by greedy majority owners who misappropriate business profits or opportunities, or when disgruntled minority owners unfairly and disruptively accuse the majority of wrongdoing.
In every dispute of this type, it is necessary to evaluate the legal rights, duties, and obligations of the participants in the relevant type of business association. Our attorneys have an in-depth understanding of the characteristics of Texas business organizations such as the following:
- Corporations
- Close corporations
- Subchapter S corporations
- General partnerships
- Limited partnerships
- Limited liability partnerships
- Limited liability companies
- Joint ventures
Our attorneys are prepared to explore creative options for resolving disputes among business owners, but we do not shy away from taking these cases to trial if necessary. To discuss how we can assist you with your case, please contact us to schedule a consultation.
