Partnership Disputes

Disputes between business partners can occur for a variety of reasons. The most common causes of conflict include a breakdown in the working relationship or an existing associate wishing to leave the partnership. In some cases, they may even be compelled to leave by an existing partner.

However, as with any relationship, disagreements are inevitable—especially if one partner is leaving the business or the business has stopped trading. Disputes often arise concerning asset ownership, the division of any profits, the use of intellectual property, and ongoing customer relationships.
Not only can such issues put the future of the enterprise at risk, but they can also negatively impact how others perceive the company. It’s important to address them as soon as possible.