Get in touch with Keith Morris Attorney at Law today to explore your partner dispute options.
“Keith and his team were fantastic.”- Thomas M.
A business partnership is usually formed when two people decide to join together and combine their talents and finances. Not all partnerships run as well as anticipated, and partnership disputes in Texas can occur.
In the beginning, a partnership usually focuses on developing a successful business procedure, building a client base and servicing customers. There is a good chance that in time the business partnership will grow and become successful. There is also a chance the original partners may look at the future of the business, or the decisions concerning it, in completely different ways.
Texas partnership disputes may involve such issues as buyout and retirement provisions. Amounts and types of compensation, as well as provisions for selling the partnerships that would result in splitting it up, or selling it in its entirety are also common sources of contention.
It is always best for everyone involved if Texas partnership disputes are avoided. One of the best ways to make certain partnership disputes don’t happen is to have a detailed and comprehensive partnership agreement in place prior to the creation of the business. These agreements should be created by an experienced attorney.
Whenever partnership disputes in Texas do happen, it’s best to try and resolve them as soon as possible. The sooner the issues are resolved, the better for the business.
Dispute Resolution Options
When the issues cannot be resolved using face-to-face meetings, arbitration may be an acceptable route. This is a way to address the issues without the use of the court system. With this method, partners will provide information to a neutral third party who will review the issues and provide a solution. It is usually agreed their decisions are binding.
Mediation is also an option. A mediator will take all information and try and work out a solution to the issues with all the partners involved.
If arbitration and/or mediation fail to produce results, the last step is litigation. At this point the judicial system will be used to determine a clear winner and loser in regards to the issues. There is a predetermined procedure to follow, and the decisions are final.
If you need help with a partnership dispute in Texas, call Keith Morris Attorney at Law at (713) 636-5339 in Houston or (817) 442-2048 in Fort Worth today and speak to an experienced fiduciary and commercial litigation lawyer in Houston.
Estate Administration Case Dispute Resolved
Successfully resolved case between two siblings fighting over cash and personal property of their father.
Probate Case Successful Verdict
Obtained verdict for daughter that reunited with her father after being estranged and offered will for probate but was contested by her sister.
Multi-Million Dollar Trust Dispute Won Summary Judgment
Won summary judgment for prominent South Texas family in multi-million-dollar trust dispute over real property.
Estate Administration & Division of Assets Dispute Resolved
Resolved highly contentious ongoing dispute over father’s estate and division of assets between son and daughter.
Evidentiary Hearing Hearing Won
Won lengthy evidentiary hearing to prove client was not in contempt of court to avoid sanction or jail time.
Multi-Million Dollar International Estate Settlement Reached
Successfully negotiated settlement between surviving spouse and foreign advisers in multi-million dollar international estate.
Guardianship Case Case Won
Won trial to exclude wife to serve as guardian of gentleman she married that was at least twice her age.
Multi-Million Dollar Estate Case Six-Figure Settlement Reached
Obtained six-figure settlement after jury was seated for adopted child in multi-million dollar estate case after adoption was disputed.
If you call Keith Morris, he will personally pick up the phone and handle your case with the attention it deserves.
Your first free case evaluation with us can be done through video conference, phone call, or an in-person meeting.
Keith Morris is proud to be the litigator that takes on the most complicated and difficult cases to court and getting his clients optimal results.
With over 20 years of legal experience, Keith Morris has devoted his efforts to sharpening his skills in probate, trust, and estate planning and litigation.