Category Archives: Partnership Disputes
Partnership Disputes: Debts And Other Financial Obligations
You put a lot of trust and faith in the hands of your business partner. When a partnership runs into some financial troubles, it is crucial that your best interests are properly protected. You may be wondering: Can I be held liable for the debt of a business partnership? The answer depends on several… Read More »
Defendant Prevails In $50 Billion Bitcoin-Related Partnership Dispute In Miami
According to a report from NBC 6 South Florida, a defendant has prevailed in a $50 billion partnership dispute. At stake in the trial was the ownership of approximately 1.1 million bitcoins. A South Florida jury determined that Craig Wright, a computer scientist who has claimed to be the creator of the cryptocurrency, does… Read More »
American Airlines And JetBlue Seek Dismissal Of Antitrust Lawsuit Filed Over Business Partnership
According to a report from CNBC, American Airlines and JetBlue are seeking a dismissal of an antitrust lawsuit designed to block a recently approved business partnership between the two companies. The Department of Justice (DOJ) and six U.S. states recently filed a lawsuit against the airlines’ “Northeast Partnership” on the grounds that the deal… Read More »
Five Steps To Take To Avoid Disputes When Dissolving A Partnership In Florida
Winding down a partnership business is complicated enough—the last thing you need to deal with a dispute. By taking the right steps, you can dramatically reduce the risk of a legal dispute over a partnership dissolution. Here, our West Palm Beach partnership dispute lawyer highlights five steps to take when winding down a general… Read More »
Starting A Partnership In Florida? A Checklist To Help You Avoid Disputes
Are you preparing to start a business partnership in Florida? If so, there are important steps that you need to take to protect your legal rights and financial interests. No one wants to end up locked in a dispute with a business partner. By putting the right structure in place, you can significantly reduce… Read More »
Resolving A Partnership Dispute Through A Buyout
A dispute between business partners has the potential to cause serious damage to a company. When partnership disputes drag on, there are often no winners. If you are locked in a partnership dispute, it is generally best to look for a solution that will work for all parties. The best path forward may be… Read More »
Does A Business Partnership Exist? The Intent Of The Parties No Longer Matters
Are you in a business partnership in Florida? That question is not always as easy to answer as it seems. In some cases, the key issue in a partnership dispute is whether or not a partnership was actually formed in the first place. You may be wondering: How do you determine if a business… Read More »
Partnership Income And IRS Tax Disputes: An Overview
Are you a member of a business partnership in Florida? If so, it is crucial that you understand your tax obligations. A significant number of IRS tax disputes are centered on business partnerships. In this blog post, our West Palm Beach partnership dispute lawyers provide an overview of the most important things that business… Read More »
Partnership Disputes: Who Owns Intellectual Property After The Business Dissolves?
A partnership can be an effective and successful way to run a business in Florida. Of course, businesses do not always last forever. There may be a time when you and your business partners move to dissolve the partnership and move on to other opportunities. Partnership dissolution is complicated. It can raise a lot… Read More »
Five Tips For Avoiding Partnership Litigation In Florida
One of the last things that any business owner wants to deal with is litigation. Lawsuits can cost time, energy, and money. It can take your focus away from running the business. While litigation is never desirable for a business, it is especially difficult when you are locked in a dispute with your own… Read More »
Three Things That Make Partnership Disputes In Family Businesses Different
A dispute between business partners can always create problems. When those business partners are always family members, the matter can be especially fraught. Although there are many similarities to non-family business disputes, there are also some things that make intra-family partnership disputes unique. In this article, our Miami partnership disputes lawyers highlight three key… Read More »
Partnership Disputes In Florida: Who Is Responsible For The Debts Of The Business?
Building, owning, operating, and growing a successful business is complicated. A partnership can be an effective, efficient business entity for many different purposes. If your partnership is incurring debt—or it has financial obligations—it is imperative that you understand your personal liability, or lack thereof. In this article, our Miami partnership dispute lawyers explain how… Read More »
Partnership Disputes: Know The Alternatives To Litigation
For a business owner, litigation can be time-consuming, expensive, and frustrating. It is even more difficult if you are involved in a lawsuit against your own business partner. With partnership disputes, the parties can often benefit from trying to resolve the matter using a form of alternative dispute resolution (ADR). Here, our Miami partnership… Read More »
Teaming Agreements: Disputes
Two or more businesses may join together in a temporary or ongoing partnership in an effort to achieve a common purpose. A teaming agreement is a contract that multiple parties enter in order to submit a joint bid on a contract. Of course, as with any type of contract, disagreements or disputes can arise…. Read More »
Partnership Disputes In Florida: Your Guide To Breach Of Fiduciary Duty Claims
A fiduciary duty is the highest standard of care in the American legal system. Investopedia defines a fiduciary simply as a person or organization with whom “trust, confidence, and reliance” has been placed on. This raises an important question: Do business partners owe each other a fiduciary duty? In Florida, the answer is “yes”—but… Read More »
Partnership Disputes Over Profit Sharing
Partnership disputes can arise for many different reasons. As you may already suspect, a significant percentage of partnership disputes are focused on money. Business partners share profits in accordance with the specific terms of their partnership agreement. Unfortunately, in some cases, there can be disagreements over who is entitled to receive what. In this… Read More »
Partnership Disputes In Florida: What Is An Accounting?
Partnership disputes can be some of the most challenging commercial disputes to resolve. While business partners are supposed to be on the same team, they may not always see eye-to-eye. When a disagreement grows into a full blown dispute it can cause real damage to the partnership. In Florida, business partners may be able… Read More »
How Business Succession Planning Can Help Reduce The Risk Of A Partnership Dispute
No business owner wants to end up locked in a partnership dispute. A dispute within a partnership can cause serious damage to the business. Notably, transition periods are one of the highest risk times for partnership disputes. For this reason, every company should have a comprehensive business succession plan in place. In this blog… Read More »
Former MLB All Star Alex Rodriguez Scores Legal Victory In Dispute With Ex-Business Partner
According to reporting from Forbes, former MLB All-Star Alex Rodriguez has scored a significant legal victory in a dispute with his ex-business partner and ex-brother-in-law Constantine Scurtis. Mr. Rodriguez is facing a wide range of allegations from Mr. Scurtis, including a civil RICO lawsuit. However, a Florida Circuit Court has ruled that certain background… Read More »
A Well-Drafted Partnership Agreement Can Help You Avoid Disputes
No business owner wants to end up locked in a partnership dispute. While disagreements between partners are bound to happen, a lengthy dispute could cause serious damage to the business. A well-drafted partnership agreement can go a long way towards reducing the risk of conflict. Here, our Miami partnership disputes lawyers highlight three key… Read More »
