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Partnership Dispute Solicitors FAQs

What are the sources of conflict in a partnership dispute?

There can be many reasons for a partnership dispute. These include

  • Misfeasance and malfeasance
  • Fraud
  • Breach of contract
  • Division of assets
  • Lost business opportunities
  • Different visions for the company

What is an unintentional partnership?

Unlike many other business entities, you can enter into a partnership unintentionally. With no written agreement required in certain instances, it makes partnership disputes especially tricky. That’s why it’s particularly important to put such documentation and management agreements in place via a solicitor.

What happens if partners cannot agree?

A good solicitor will normally attempt to resolve the dispute by attempting mediation, arbitration or adjudication before moving on to litigation. If the dispute ends up going to litigation, it becomes more complicated and much more expensive so its best to avoid this if possible.