Partnership Break-Down

Strategic business partnerships and joint ventures.

Legal representation for the advancement of your business pursuits.

Neufeld Legal Professional Corporation - Calgary, Alberta & Toronto, Ontario

 Main    Lawyer    Partnership Agreement    Partnership Buy-out    Partnership Dispute    Email    403-400-4092    416-887-9702

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Legal Counsel

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The Agreement

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Partnership Buy-Out

Selling Your Stake

Partner Forced Out

Buying Out Partners

Buying Into Partnership

Partnership Dispute

Partnership Breakdown

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Misappropriating Opportunity

Valuation Disputes

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Joint Ventures

 

PARTNERSHIP BREAKDOWN LAWYER

As with any business venture, partnerships are subject to breaking down, which in turn demands that appropriate responsive action be undertaken. For when there is a breakdown in a partnership arrangement, the situation will invariably spiral downward and decimate the partners and the business that they have created.

Where a partnership arrangement has broken down, the partners need to make a pivotal decision as to how they intend to overcome such a business altering event. Either the partners need to overcome their differences and formulate a new strategy that enables the partners to set upon a new path, with a new structure, that will allow the partners and their partnership to move forward and restore its pursuit of business success, or alternatively one or more of the partners will need to buy-out the other partners, such that the disengagement from the bought out partners will hopefully facilitate the restoration of the business enterprise. If neither path is undertaken, the partnership shall inevitably spiral downward, from which there is little, if any, possibility of recovery. 

Given the seriousness of a partnership breakdown, it is imperative that you retain the legal counsel of an experienced lawyer who can advise you in dealing with this partnership breakdown and implementing a strategy that will see you through this tumultuous phase of the partnership. As such, for knowledgeable legal representation in the realm of partnership breakdowns, contact lawyer Christopher Neufeld with Neufeld Legal Professional Corporation at Chris@NeufeldLegal.com or 403-400-4092 (Calgary, Alberta) or 416-887-9702 (Toronto, Ontario). 

 

Neufeld Legal Professional Corporation is a Canadian law firm operating out of Calgary, Alberta and Toronto, Ontario, and is focused on corporate transactional matters that impact local, national and international businesses in their quests for corporate success.

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