Minneapolis Lawyers For Partnership Disputes

Business partnerships often begin with a great deal of enthusiasm and a high level of cooperation between partners. As the years go by and the business grows, however, it is common for interests and priorities to diverge, creating rifts between business partners. In many cases, these disagreements turn into legal disputes that can threaten the livelihood of the company.

If you are involved in a partnership dispute, contact the Faricy Law Firm, P.A. Our experienced attorneys are prepared to represent partners in companies of all sizes. As your law firm, our goal is to defend your rights and interests while limiting the negative effects your company will experience.

Common Partnership Disputes

Our Minneapolis-St. Paul law firm provides skilled representation for both general partners and limited partners, as well as members of a limited liability company. We have experience with a wide variety of legal disputes, including:

  • Breach of contract: We provide skilled representation in cases involving a failure to uphold the terms of a contract, including a partnership agreement.
  • Breach of fiduciary duty: Partners have a fiduciary duty to act in good faith and in the best interests of the partnership. Failure to uphold this duty can lead to legal action.
  • Embezzlement: The theft of company funds is a serious accusation, one that requires significant investigation.
  • Revealing trade secrets: Trade secrets can be extremely valuable assets. If you feel a partner has inappropriately shared these secrets, or if you have been accused of sharing trade secrets, it is important that you seek assistance from a skilled lawyer.

Seeking The Most Economical And Effective Solutions

Our attorneys are always ready to take a case to trial. However, in many situations, partnership disputes can be resolved more quickly by using alternative dispute resolution techniques, also known as ADR. Techniques such as mediation can resolve conflicts more quickly than litigation, and at a reduced cost. This enables partners to limit the financial and operational disruption associated with the dispute.

ADR is not an option in all cases. If it is necessary to seek out a litigated solution, our attorneys will aggressively pursue your case in court, seeking out a legal result that works in your best interests.

Contact Faricy Law Firm, P.A.

Partnership disputes can be extremely complex; in these situations, it pays to have a skilled attorney with the legal resources required to see the case through to the final resolution. At Faricy Law Firm, P.A., founding attorney John H. Faricy, Jr., has more than 30 years of experience working with partnerships across Minnesota and across the country. No matter what type of business litigation dispute you are engaged in, our firm is prepared to offer personalized legal advice and experienced representation.

To schedule a free consultation with one of our Minneapolis attorneys for partnership disputes, contact our law firm online or call us at 612.371.4400