In a recent article by Charles N. Internicola, Esq., New York and New Jersey Shareholder and Partnership Dispute Lawyer, titled "
What is the Best Course of Action When You Are Faced with a Partner, Shareholder, or Member Dispute?", Mr. Internicola addresses multiple steps that can be taken by a partner, shareholder or member involved in a dispute to "level the playing field".
Some of the steps mentioned in the article that are a "proven course of action"in partnership dispute matters are as follows:
- Identify the facts concerning the partnership;
- Identify the legal rights associated with the partnership's interests;
- Identify your agreement provisions;
- Identify your interest status - minority, equal, or controlling - and use it to your advantage;
- Take control on critical assets - most of the time this will be intangeble assets such as customers;
- Track the pre and post-dispute actions of your partners;
- Develop specific goals;
- Focus on rebalancing the negotiating playing field;
- Adopt a litigation strategy focused on action and, when possible, pre-emption;
When involved in a partnership dispute it is important to take the appropriate steps of action sooner rather than later.
LEARN MORE: To learn more about a proven course of action and plan to protect and defend your interests as a New York or New Jersey partner, shareholder or member, contact Partnership and Shareholder Lawyer, Charles N. Internicola, Esq. at 800.976.4904
THE PARTNERSHIP DISPUTE GUIDE
For a limited time, order a free complimentary
copy of Charles N. Internicola, Esq’s book:
“The New York and New Jersey Partnership Dispute Guide”
ADDITIONAL ARTICLES BY NEW YORK AND NEW JERSEY PARTNERSHIP LAWYER, CHARLES N. INTERNICOLA: Partnership Disputes: Important Factors to Discuss with Your Lawyer Partnership Disputes: What Are They Really About? Partnership Disputes: Initial Factors to Consider The Significance of Preserving Your Business Assets and Operations when Faced with a Shareholder or Partnership Dispute
Category: Business Litigation
The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Charles N. Internicola, Esq.
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