Summit Law LLP Handle Business Partnership Conflicts Without Going to Court?

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Summit Law LLP Handle Business Partnership
Conflicts Without Going to Court?

• Summit Law LLP is a team of private and
  commercial litigation solicitors in London,
  carrying an extensive background and knowledge in
  offering legal advice on several matters.

www.summitlawllp.co.uk/
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Conflicts between business partners can happen.

• Conflicts between business partners can happen.
  Sometimes, such disagreements may threaten the
  viability of the partnership. The cause may vary,
  but they commonly involve
• Allegations of misconduct by any of the partners
• Conflicts over-allocation and distribution
• Disagreement on the terms and conditions of a
  partnership agreement
• Disagreement over business management
• Breach of duties
• Dissolution of partnerships

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How to Solve Partnership Disputes Out of Court ?
Partnership Agreement First, ensure you have a
written partnership agreement in place. At a
minimum, it should clearly define the following
aspects Each partners roles and
responsibilities Who has control and how much
Capital contributions and how it will be
handled Worst-case scenarios proceedings and
procedures Ownership percentage

• Arbitration
• Arbitration gives great autonomy to the parties
  involved with a better chance to contribute to
  the legal proceedings efficiently. Most parties
  provide discretion to the arbitrator to secure
  evidence and align the facts within state and
  federal laws to make a fair decision.

Mediation The mediator is a third party who
strives to encourage both coins of the dispute to
drive the best possible outcome for everyone.
This process takes a relatively shorter time and
costs than court proceedings.
www.summitlawllp.co.uk/
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Contact Us

• Address48/49 Russell Square, London, WC1B 4JP
• Tel[phone]
• Emailinfo_at_summitlawllp.co.uk
• Fax[phone]