Partnerships disputes typically occur between business partners that have a falling out and wish to part ways. Some typical examples include: • Underperformance of a partner. • A partner making side income or not dedicating enough time to the business in order to pursue their own concerns. • Misappropriation of funds or other breaches of duties. • Death or an unintended departure of a partner. There is specific legislation that governs this area of the law. However, the first step is read and review the Partnership Agreement, if there is one. If such an agreement does not exist or it is found lacking, it is possible that the relevant legislation (and potentially the common law) will assist in fill in any gaps. The area of the law relating to partnership disputes is complex. Our lawyers can help you to resolve your dispute at any stage of the process. However, it is always best to speak with us as early on as possible to enable us to provide you with the best assistance, strategy and advice which will help you to achieve your objectives in a commercially sensible way.
Partner | Accredited Commercial Litigation Specialist NSW