Partnership Disputes
Partnership disputes can arise for variety of reasons and fall into two main categories, partnerships governed by an agreement and those governed by the Partnership Act 1890 often referred to as partnerships at will.
At Brar & Co we recognise that the breakdown of business relationship can put the operational future of an organization at risk and in some instances, it can lead to the partnership’s dissolution.
Our approach is to act quickly to assess whether there is a potential solution to the issues you are faced with and work with you to attempt amicable resolution whilst avoiding unnecessary damage to the business or its long terms objectives. If amicable resolution is not possible, our team will assist you in taking the matter through the courts to seek the appropriate remedy whilst protecting your best interest.
We regularly advise partnerships and LLPS on partnership disputes including:
enforceability of restrictive covenants
disputes relating to partnership accounts and valuation issues
breaches of partnership agreements or partnerships at will
partner departures involuntary and voluntary
We recommend that a well-drafted partnership agreement is the most sensible method of protecting your partnership from disputes. Our team can also assist your business with drafting of a partnership agreement to avoid future disputes from arising.
Get in touch
Should you wish to discuss a partnership dispute or drafting new partnership agreement contact us on 0191 276 6880 or contact us online.
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East – Newcastle upon Tyne
240a Chillingham Road,
Heaton,
NE6 5LP
West – Newcastle upon Tyne
29 West Road,
NE4 9PU