Corporate, LLC and Partnership Disputes

Lax & Neville LLP represents business partners, LLC members, co-owners and directors in shareholder and partnership disputes. Most often, at the onset of the shareholder or partnership relationship, matters run smoothly, but over time problems may develop that prevent the shareholders or partners from running their companies or partnerships effectively. Internal disputes among shareholders and partners can begin to strain the business and stifle growth while at the same time draining the company or partnership’s revenue or even its assets. Sometimes, the business relationship between partners will deteriorate to such a degree that hiring an attorney may be a necessary step to protecting your individual interests. Our attorneys have decades of commercial litigation experience and are able to counsel clients regarding a myriad of shareholder and partnership disputes, including, but not limited to, all of the following:

  • Breach of contract
  • Negotiating exit packages, dissolutions and other winding up matters
  • Representing shareholders and partners in arbitrations, litigations or mediations
  • Advising clients on employment questions, including compensation, severance packages, pension benefits, wrongful termination, non-compete agreements, non-solicit agreements, trade secret agreements, Garden Leave provisions, confidentiality agreements, etc.
  • Interpretation and enforcement of partnership and shareholder voting agreements
  • Advising clients on breach of fiduciary duties, insolvency, bankruptcy, and commercial debts
  • Misappropriation of assets and corporate theft
  • Usurpation of business opportunity

In many ways, going into business with your partner is similar to a marriage. In fact, sometimes when a partnership breaks up, that breakup is termed a “business divorce.” However, in the partnership dispute context, an attorney can best represent their client when they begin their representative relationship by counseling their client through existing conflicts, not at the moment when both parties are ready to go to court. In other words, the attorney can act as both a marriage counselor, and divorce attorney, providing both advice as well as advocacy. Like some marriages, not all members of a corporation exist on an equal footing with each other. Some members will have more control than others. When a business relationship starts to break up, members with more control might abuse that power and oppress the minority shareholders or partners. This practice can go on for years and if left unchecked, the oppressed member may not even be aware of the degree they are being harmed or legally damaged. As such, it is important to consult with an experienced attorney at the first sign of trouble, rather than wait until the business relationship completely breaks down.

We understand that your business is your livelihood and the more time you spend focusing on potentially major litigation, the less time you have to ensure that your business or partnership succeeds. Our attorneys understand how sensitive these matters can be and are able to assess the potential risks, costs and benefits of litigation in order to properly advise our clients. We advise clients on when to avoid costly litigation through the dispute resolution process outside of court, such as mediation or arbitration. However, when litigation is unavoidable; we zealously represent our clients in litigation or arbitration.

If you have a potential shareholder or partnership dispute for which you are seeking an attorney to represent you, please contact our law firm.

Client Reviews
The Lax & Neville team were total professionals in handling our case. They've clearly had quite a bit of experience handling complex legal matters in many jurisdictions and courts. I was impressed with their professionalism coupled with persistence in arguing a very complete and well-structured case. I highly recommend their services. Anonymous
I am very, very happy with the outcome of my case and my experience with Lax Neville could not have been better. The entire team of attorneys and staff are real professionals, they always had time to answer my many questions about my case. I was treated with compassion and respect. I am so grateful I chose to work with Lax Neville. Anonymous
This is an official " thank you" for all your hard work. It really was a pleasure to have you represent me, and I enjoyed seeing you, Rush and Sandra in action. I think Lax and Neville epitomizes the phrase "quality vs quantity". I think I told you before that I spent a lot of time researching firms; in this case things worked out, I picked the best firm. I hope I never need your services in the future, but if I do I know I found the best attorneys for these types of legal issues. Anonymous
What transpired at the [redacted] was nothing less than a truly masterful and exceptional experience regarding your intelligence, professionalism, preparedness for my case, teamwork and erudite knowledge pertaining to Securities Law, FINRA and the SEC. The facility and ease of how the case was handled, the systematic questioning of all the witnesses to obtain the facts necessary to prove our case, the preparation of the critically conclusive information and documents, the commanding coup de gras closing argument and your tireless consideration and respect for the Panel and [redacted] was, is and will continue to epitomize my feelings and conclusion that what transpired over those long three days was nothing less than raw and unabashed brilliance. Anonymous
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