Successfully maintaining a working partnership is never easy. While many firms enjoy long and prosperous business relationships among their owners, disputes can arise. These disputes can be complicated by family relationships and friendships. The roles of owners evolve and the value of one owner may grow disproportionately when compared to another. These evolving circumstances create tension. Disability, death or substance abuse problems create their own challenges.
New Jersey statutes passed by our Legislature govern these owner relationships. However, the statutory framework is not one size fits all. Partnerships, corporations and limited liability companies each have their own statutory framework. In the case of limited liability companies, the statutes governing these entities are new and relatively untested. When disputes do arise, in many instances, owners must move swiftly to protect their interest. If legal action is delayed, an owner may permanently lose important rights within the firm or the firm itself may be at risk because of the actions of one of its owners.
We understand the importance of protecting and preserving your business. Many of our clients have worked hard over many years to develop and grow businesses, and when those business are threatened, we move swiftly to intervene. On an almost monthly basis, our firm files legal documents with Courts in the State of New Jersey seeking injunctive and other emergent relief to protect corporate entities and owners. Whether from the removal of important corporate assets or harm threatened by breach of confidentiality or other misappropriation of secrets, we are well aware of the protections afforded to our clients by New Jersey law.
If you are facing a dispute among owners of a company, from a competitor or from a third party who seeks to harm your business or its reputation, please contact us. We have the skill, experience and tenacity to move swiftly to seek judicial relief available from our Courts.