Commercial litigation

Partnership Disputes

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Partnership Disputes Solicitors

Partnership disputes can arise at any point in the life of a partnership and usually involve issues of liability or departure. With conventional partnerships, a third party can claim against both the partnership and the partners themselves for actions taken in the course of the partnership. When disputes arise, it is often because the partners cannot agree on how their liability is apportioned – especially if the partnership agreement is unclear.

Disagreements can also occur when one or more of the partners wants to leave the partnership. A dispute may arise over the terms of their departure; for instance, a partner may want to withdraw money they invested in the partnership, which could cause a problem for the remaining partners and the business.

Other types of partnership disputes we regularly act on include:

  • Partner rights and governance matters
  • Enforcement of partnership clauses or LLP members’ agreement
  • Partner expulsions and retirement
  • Dissolution and termination of a partnership
  • Enforceability and breaches of restrictive covenants
  • Division of partnership assets
  • Claims relating to misuse of partnership assets and breaches of fiduciary duty

 

Our partnership disputes expertise

Each of these disputes demands the skilful application of specialist partnership law to determine the rights and obligations of partners, whether that relates to a traditional partnership, a Limited Liability Partnerships (LLP), or a cross-jurisdictional partnership dispute.

At Collyer Bristow, our commercial litigation lawyers are experts in acting quickly and pragmatically to provide accurate and timely advice to clients. Our approach is to minimise costs wherever possible by seeking a fair and commercial settlement to a partnership dispute without resorting to formal litigation – although if court proceedings are needed, you’ll have our full support. Collaboration is a key part of our service, and we work closely with our colleagues in corporate, financial, real estate, employment and private wealth to provide clients with the expert advice that they need.

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