Dallas has fast become one of the most dynamic economic centers in the United States. New businesses emerge providing specialized services in a variety of industries, from the service sector, to banking and finance, construction, or IT. As new ventures are formed, and different stakeholders become partners and shareholders in the new venture, the act of one or a small group of partners or shareholders acting in their own self-interest may threaten the existence of the enterprise. What may have been initial disagreements as to how the business should continue may quickly devolve into a legal battle for the control of the business and its assets.
Partnership or Shareholder Disputes Can Happen Between Anyone
These partnership disputes or shareholder disputes are oftentimes between former trusted friends, colleagues, or family members, and can threaten the continued operation of the business. As specialized businesses in Houston strive to provide exceptional products and services to customers, a partner or shareholder who acts illegally to take benefits for him or herself at the expense of the business jeopardizes the very existence of the company. Vethan Law Firm’s shareholder and partnership dispute attorneys in Dallas first seek to stop the wrongdoer from further harming the business, and then will aggressively go after the bad actor to compensate the business and the other shareholders or business partners for the economic harm inflicted on the company by the self-dealing partner or shareholder.
Although not every partnership dispute may be avoided, when several parties decide to pool their resources to form a new business venture, certain steps must be taken to avoid very contentious and very personal shareholder dispute or partnership dispute litigation. Speak with VLF’s attorneys regarding:
Mr. Vethan represented me and my business as plaintiff in a lawsuit. The case was over business to business contractual issues, fraud, and conspiracy committed by the two defendants. We prevailed. From the onset and throughout the entire process, he and his staff took great care to understand the dynamics of my business and the relationships of the involved parties, to reach the correct outcome in court. They made it a point to ensure I was kept up-to-date and involved in the process. I felt I was made part of a team effort working towards the goal of justice. It was very successful. I would recommend them to anyone with a legitimate issue because they are genuinely good people. Their performance was exemplary. They made it a point to discuss all available options in a manner that was easily understandable. They made time to ensure my comfort with each decision made. I didn’t feel lost and knew where we were at all times. That was due to his personal attention given to me. As compared to the representation given the defendants, I am glad Mr. Vethan was on my side of the aisle. Even during the trial, his good-natured personality filled the room to mitigate the usual tension that exists in a trial. With the post-trial activities, Mr. Vethan was highly attentive, making sure the results of trial were followed through. Mr. Vethan runs a first-rate law firm. He and his entire staff are very good at their job, genuine, personable, and a pleasure to work with. Not only do they do a super job with the case at hand, they provide guidance in what should be done to avoid future conflicts.
David HomokiOwner, Global Check Services, Inc.April 19, 2016
Request a Consultation With Our Dallas Partnership and Shareholder Dispute Lawyers