Partnership, LLP and Corporate Disputes
The firm’s solicitors are experts at assisting LLP members, shareholders, directors, companies and partnerships to resolve their disputes. Such actions in these specialist areas are often particularly sensitive and we understand that the parties are normally keen to avoid the expense and disruption of court litigation or arbitration proceedings. We find that, when handled properly, it is often possible to find negotiated or mediated swift and pragmatic solutions, which enable the parties to continue to work together, or where that is not possible, for there to be a managed exit from the relationship by one party, on agreed terms.
Our expertise include joint venture disputes, derivative actions, unfair prejudice petitions, disputes involving sale and purchase agreements such as breach of warranty and indemnity claims as well as “good leaver” and “bad leaver” provisions. Some examples of cases which our lawyers have been involved in are:-
- Advised an LLP member of his rights in relation to his exit from a financial services business.
- In a dispute between partners arising out of the dissolution of a partnership.
- For the majority shareholders of a management company in a dispute with a minority shareholder relating to the “good” and “bad” leaver provisions in the Articles of Association.
- For the majority shareholders in a joint venture company in ensuring that the minority shareholders did not divert the joint venture company’s assets to other companies.