Operating Agreements, Shareholder Agreements, and Buy-Sell Agreements
Many small and mid-sized businesses are not set up properly at the formation stage. While partners and ventures are optimistic at the conception of a business idea, many times the businesses do not work out as planned, which can result in costly litigation. While it is impossible to anticipate every single issue that may arise, it is vital to have adequate protections and specific procedures delineating what happens if the business partnership does not work out. Our experienced business attorneys have advised thousands of businesses and are well-versed in preparing operating agreements, shareholder agreements, and buy-sell agreements to protect the shareholders/members/owners in a dissolution, wind-up, or buyout situation. As they say, a dollar today can prevent ten dollars in litigation
Efficient Guidance When A Dispute Or Dissolution Threatens Your Business
No one wants disruptions interrupting their business, especially when it may call for legal help. Unfortunately, these things happen. When conflict comes in the form of a shareholder dispute or the end of a business partnership, an experienced business law attorney can be the difference maker. We know the ins and outs of California business law, and we can help guide you every step of the way.
Dissolution Actions and Buyouts
If proper agreements are not in place to guide shareholders/partners when a particular issue arises, litigation may often be the only option. Our experienced trial attorneys have litigated and successfully tried dissolution cases resulting in very favorable settlements or judgments. We have worked on dissolutions in the limited liability company context, for corporations, and in the limited partnership context. We know the intricacies of the California Corporations Code and pertinent case law to effectuate a dissolution or buyout properly and have litigated all types of derivative and direct claims, including the following:
- Breach of contract
- Breach of fiduciary duty
- Breach of promissory notes
- Defamation and privacy litigation
- Director and officer (D&O) litigation
- Fraud
- Insurance bad faith litigation
- Intellectual property rights litigation
- Interference with contracts
- Interference with economic advantage
- Misrepresentation and concealment of facts
- Noncompete and nonsolicitation disputes
- Partnership litigation
- Shareholder litigation
- Trade secrets and nondisclosure litigation
- Trademark and copyright disputes
- Unfair competition claims
Protection For The End Of Your Partnership
When a partnership reaches its end, even if there is no conflict, all involved parties must look to protect their financial and professional futures. We are prepared to walk you through the administrative legal issues related to the dissolution of your partnership.
If you are amid business litigation over your partnership, know that we will be diligent about handling your case efficiently to keep costs in mind and avoid trial if possible.
Reach Out For A Free Consultation
These matters can alter the course of your business and your career. Even if you are unsure whether you need legal help, we offer free consultations and will happily provide a case evaluation. Call us at [nap_phone id=”LOCAL-REGULAR-NUMBER-1″] orĀ make a request via email to set up a consultation.