Partnership disputes

Partnership disputes can arise for a multitude of reasons, including for instance:

• a personal falling out between the partners;
• a conflict of interest; and
• suspicious dealings or secret profits; and underperforming partners.

If you require assistance to resolve a partnership dispute, Dark Legal has the knowledge and the emotional intelligence to help you to mend or sever a partnership and otherwise, as seamlessly as possible in the circumstances, navigate a potentially stressful and costly situation.

We will help you decipher whether :

• the relationship can or should be repaired;
• whether the dispute can be resolved amicably and if so, what strategy should be employed to achieve the desired result as cost-effectively and delicately as possible so as to preserve the relationship between the partners; and
• if not, whether the partnership can be separated, or alternatively, whether the most appropriate strategy would be to sell the business; and
• whether it is necessary to apply to the court or have receivers and managers appointed for the sale of the business.

Dark Legal is passionate about obtaining results for our clients as efficiently and cost-effectively as possible. Accordingly, it is far more often the case that our clients do not need to resort to applying to the court or appointing a receiver and manager to sell the business.

Effectively engaging in alternative dispute resolution can potentially:

• avoid incurring the time and costs associated with courts;
• flexibility and the ability to determine the outcome with certainty; and
• confidentiality.

The most effective way of avoiding a partnership dispute and the deterioration of a business you have worked hard to build is to ensure that prior to entering the partnership, there is a well-drafted partnership agreement.