Involved in a business dispute in Brooklyn? We can help!
Disputes between shareholders and disputes between business partners can be just as emotionally-draining and volatile as a couple getting divorced. This is why it is important to have a skilled and experienced Brooklyn business dispute attorney by your side to help guide you through the dispute resolution process.
At the Bukh Law Firm, we are dedicated and committed to helping clients in business disputes just as we would help clients during a divorce. Our team of aggressive Brooklyn business dispute attorneys will work to reach a fair settlement agreement outside of court.
However, if the other side refuses to be reasonable, we will not hesitate to take your case to trial. In fact, we find that an aggressive and strategic approach to litigation often encourages amicable settlements.
Disputes Between Business Owners/Partners
Disputes between business partners, associates, and/or shareholders are quite common and understandable. After many years, or even decades, of people dedicating their time to building a business, a point can be reached where the owners can no longer get along with their partners. As a result, many disputes are rooted in personality differences, while other disputes are the product of different long-term objectives or expectations for the direction the business.
If there is a dispute between owners with equal ownership shares, the ramifications include the business entity becoming deadlocked and effectively ceasing to function. In other scenarios, the business partners/shareholders may simply decide to dissolve the business and part ways.
In Brooklyn, shareholders are protected if they believe they are being subjected to oppressive conduct by a majority of corporate shareholders. If you are shareholder, you have the ability to pursue a shareholder derivative action or a legal action against the directors and officers for breach of fiduciary duties.
In fact, a minority shareholder has the ability to pursue an action seeking dissolution of the corporation based on the oppressive conduct of the majority or looting or corporate waste. This area of law is quite complex and almost certainly requires consultation with an experienced Brooklyn business attorney.
Other Types of Business Disputes
Business disputes can vary from a breach of contract to allegations of corporate fraud and other forms of misconduct. Below is general overview of the types of business disputes that arise in Brooklyn, aside from shareholder and business partner disputes:
- Disputes Involving Contracts – If you are in a disagreement with an employee, customer or colleague about the terms of contract, an attorney can help facilitate a mutually beneficial resolution, or pursue financial restitution in court. Contract disputes often arise in the following situations: (i) failure to deliver specific goods or services; (ii) disagreement or violation pertaining to an employment or partnership agreement; (iii) disagreement over coverage via an insurance policy, etc.
- Disputes with Other Businesses – It is qute common for disputes to arise between businesses that have engaged in a long-term transactional relationship for products and/or services. This may include disputes with suppliers, vendors or manufacturers. An attorney can help reduce your exposure to civil liability.
- Disputes Involving a Specific Sales or Business Merger/Acquisition – Corporate restructuring often involves multiple areas of law, including government compliance, due diligence, and shareholder liability. If your business is considering a complex sale or you are looking to merge with another business or acquire a business, it is important to have legal counsel guide you through these complex transactions.
Benefits of Retaining a Brooklyn Business Dispute Attorney
If a business dispute arises, the primary objective is to resolve the conflict and arrive at a solution benefitting all sides while avoiding the need to engage in costly discovery and a lengthy civil trial. If you retain the services of the Bukh Law Firm, our team of corporate dispute attorneys will adeptly handle sensitive and fact-intensive negotiations and claim investigations. process andwill work tirelessly to settle your dispute without judicial intervention. Our Brooklyn attorneys will use their extensive knowledge of New York civil procedure, corporate law and commercial code regulations to advocate for you.
Schedule a Consultation with an Experienced and Savvy Brooklyn Business Dispute Lawyer Today
If you are involved in a business dispute, or are contemplating taking legal action against a business partner, contact the Bukh Law Firm, PLLC today.
We are ready to advocate for the unique needs of our clients and have the ability to successfully litigate business partnership and shareholder disputes. Not every attorney in Brooklyn, New York (NY) has the skill and experience to handle complex business partnership and shareholder disputes. We do.