Ownership Disputes Attorney

As a business owner, you know that ownership disputes can be very disruptive to your operation. At Gillmore & Wilson, LLC, we have decades of experience in business law in the Newton, Kansas, area. We understand how important it is to resolve ownership disputes quickly and efficiently, so you can get back to running your company.

Business Ownership Disputes

Partnerships can experience challenges because the people involved do not take steps to create a corporate entity. The parties might get so caught up in starting a business together that they fail to think of or prepare for the possibility of disputes.

Some common disputes between business partners may include:

●       The business might make less profit than initially thought

●       The business may not be growing as quickly as desired

●       One partner may think the other needs to do more work or contribute more to the partnership

●       There is confusion about how they should run the business and each party's responsibilities

●       The business may be unable to afford the office space one partner wants

●       There are disagreements about how much work should be delegated to employees

●       There is confusion about how partners should share profits

●       One partner wants to add a new business associate, but the other doesn't

If you and your business partner still need a binding agreement that specifies how the owners will settle disagreements, Gillmore & Wilson, LLC can draft one for you. If it remains clear that you and your partner can't come to fair agreements regarding ownership and decision-making, a dissolution of ownership may need to be made by at least one of the partners. Our attorneys can also assist with this process to ensure legality and fairness.

Business Ownership Disputes Among Shareholders

Resolving shareholder disputes quickly is crucial to the continued smooth operation of a business. Examples of common shareholder disputes include:

●       Disagreements among shareholders about the way a corporation is being run.

●       Disputes over the sale of shares or assets.

●       Disputes between corporations and other parties that have contracts with your company.

●       Allegations of fraud committed by one shareholder against another.

●       Allegations of breaches of fiduciary duty

An attorney-drafted agreement can save you the trouble of litigating shareholder disputes. At Gillmore & Wilson, LLC, our attorneys have drafted agreements that can help cover potential issues among shareholders and define how they will be handled should they arise.

Contact The Business Law Attorneys at Gillmore & Wilson, LLC For Ownership Dispute Resolution

Contact our experienced business attorneys at Gillmore & Wilson, LLC, for a consultation if you are involved in an ownership dispute. We will handle the matter to ensure that your interests are protected while minimizing any loss of income or assets during resolution.

Call us at (316) 283-1550 to discuss your business dispute, or use our online contact form to send a message and set up a consultation.

We serve Newton, Hesston, Sedgwick, Halstead, Peabody, and the surrounding Kansas communities.