Internal business disputes
At Libra Solicitors we can provide both individuals and businesses with expert advice and representation in respect of internal business disputes. Whether you are being litigated against, or are considering taking acting against a director, partner or shareholder of a business, our expertise is at your disposal. For a confidential discussion about the issues that may be concerning you, call us today on 01223 632420 and arrange an appointment.
We believe that when it comes to internal relationships, well drafted business policies and contracts could help avoid costly disputes. Unfortunately, internal business disputes do regularly occur and when they do, they can prove to be an expensive and time-consuming distraction from the actual running of the business itself.
Many disputes occur because the commercial organisations involved are set up with only minimal thought given to defining the breakdown of ownership, the decision-making processes, and the respective rights and responsibilities of the individuals who own and run the business. This is not so much of a problem while everybody involved continues to share similar goals and priorities, as can be the case when a business is in its startup phase.
However as an organisation evolves, so too might the ambitions and long-term plans of those who were involved in it from the beginning. When this happens in circumstances where business has flawed and ambiguous legal documents at the core of its identity, intense disputes can occur between those who have possibly built so much together.
Effective agreements can avoid disputes
At Libra Solicitors we believe that when it comes the relationships between the shareholders, partners and directors and the business, well-drafted agreements and business documents will help promote stability. However, disputes occur for a variety of reasons and when they do it is often the partnership and shareholder agreements, along with director’s service agreements and other business documents, that will be carefully scrutinised.
When drafted effectively, these documents clarify the rights and duties, and the authority and specific responsibilities of each individual mentioned in the agreement. Just as importantly, they could also identify the procedures to be followed in the event of a dispute between the company and the individual.
How we can help
Our expertise in drafting agreements and contracts could help your business avoid the issues that can be caused if there is a poorly drafted agreement or no formal agreement in place. We can review existing agreements to check that they contain the key information you think should be clearly recorded and if they do not, we can propose amendments so that the agreement is ‘fit for purpose’.
As well as providing advice and representation to partners, shareholders and directors who are being litigated against, we can also assist businesses and individuals who are considering issuing proceedings against directors, partners or shareholders when they feel that action must be taken.
Whatever the issues involved in the dispute, we will act quickly to safeguard your interests and provide you with clear, practical advice and commercially-oriented solutions that you can use. In addition, we can also help you manage the effect that a dispute can have, so that its impact on your ongoing business is kept to a minimum.
It may be that the best course of action is to de-escalate the dispute and encourage the other party to take part in mediation or some other form of alternative dispute resolution. If so we will advise you in respect of the various ADR options and provide guidance and representation throughout the process. On your instruction, we will then initiate dialogue with the other party involved in the dispute. This can often be the case when continuing a relationship with those you are in dispute, is of paramount importance to your business.
However, should your matter proceed to court, you can be sure that we will use all of our experience and knowledge to fight for the best possible outcome to your case. Your matter will be led by a QC, barrister or solicitor-advocate, so you can be sure that the advice and representation you receive, will be of the highest quality.
Avoiding disputes occurring in the first instance is clearly a better option than having to deal with them once they arise. But when they do, you need to act decisively. For a confidential discussion about the issues that may be concerning you, call us on 01223 632420 and arrange an appointment. We look forward to hearing from you.