Smith Bigman Brock | Commitment To Excellence

Accomplished. Established. Respected.

Trouble with your partner? It might be time to call an attorney

On Behalf of | Jul 31, 2020 | Business Litigation |

You loved the idea of working with a friend to start up your company. What you didn’t end up enjoying was how they were managing the business. Even though you were partners, they would often make decisions on their own. They’d take steps you weren’t happy with and cause conflicts.

You have a contract that states that you’re both founders and should both have a say in major decisions, but they seem to ignore it. What should you do? How can you resolve this problem?

To start with, it’s worth having a conversation with the other person. They may not realize how upsetting it is to you to not get a say, even when the other person thinks you’ll like what they decide on. You may want to consider drawing up another contract or addressing violations of a contract that you already have.

Most people will understand if they have overstepped, and you may be able to resolve the conflict without getting your attorney involved. However, if the other party isn’t willing to speak with you about their actions or continues to act against the partnership agreement’s terms, it might be time to look into your legal options.

You might consider discussing this issue with your attorney

Since you’re dealing with a partnership dispute and the effects of your partner making decisions without your input, it may be time to talk to your attorney about stopping them. If they have violated your partnership agreement or they are overstepping their authority, it could be worth getting your attorney involved. At the end of the day, you need to take steps that protect you and your business.

Archives