Partnership & Shareholder Dispute Lawyers in Dallas
Partnership & Shareholder Litigation
Many businesses are owned by more than one person. Even privately owned businesses can be owned or managed by dozens, hundreds, or even thousands of people. Naturally, disagreements arise in connection with the operation of a business; however, allegations of oppressive or unlawful conduct can lead to bitter litigation between owners, partners, or shareholders—putting the future, expansion, control, or even dissolution of a business into question.
These disputes arise in corporations, limited liability companies, and partnerships of all kinds. Typically, partners and shareholders owe certain fiduciary duties to the business itself—and in some circumstances, to each other. These cases vary based not only on the type of entity involved, but the terms and conditions contained in organizational documents, such as an entity’s Company Agreement or Articles of Incorporation. Disputes can involve claims of misappropriation of trade secrets, profit distributions, business mismanagement, self-dealing, fraud, breaches of contract, or shareholder oppression.
Need to discuss your dispute? Schedule a consultation with Lyons & Simmons, LLP today!
How Our Nationwide Firm Can Assist You
The attorneys at Lyons & Simmons, LLP routinely handle partnership and shareholder disputes for plaintiffs and defendants. Our Dallas lawyers understand that these relationships and disputes carry many of the same emotions associated with a divorce between spouses. We have successfully navigated and advised our clients through fierce litigation between partners and shareholders at all stages—from pre-suit through injunctive phases and ultimately, trial.
Some of the disputes we can handle include:
- Disputes over funding a business
- Disputes over how to distribute profits
- Disputes over business debts
- Breach of fiduciary duty claims
- Partnership dissolution
- Misappropriation of trade secrets
- Distribution of assets among partners who are going separate ways
- Disputes between minority shareholders and majority shareholders
- Violation of noncompetition, confidentiality and non-solicitation agreements
In many cases, we are able to negotiate buyout agreements with appropriate clauses to protect your interests. As business litigation lawyers, we are prepared to try your case if necessary if the other side is not responding reasonably.
Resolving Partnership & Shareholder Disputes
At Lyons & Simmons, we know how serious and complex partnership / shareholder disputes can be. We don’t take these matters lightly. For representation that relies heavily on thorough investigation, detailed strategies, and a firm understanding of the laws applicable to such cases, turn to Lyons & Simmons, LLP.
When the Result Means Everything, call Lyons & Simmons, LLP at (844) 297-8898.