While many limited liability companies and business partnerships operate smoothly, some inevitably face disputes making it vital to retain a skilled LLC dispute lawyer in Houston to find a resolution. When disputes cannot be resolved through negotiation, the legal remedy is often litigation.
At GK Law PLLC, we can help you explore options to resolve the dispute and file a lawsuit if necessary. We can advise you on the best way to approach these legal matters and foresee challenges with the case. Contact our law office now and schedule an initial consultation with our trusted Houston business attorney to learn more about your legal options. Â
When LLCs are founded by more than one member, disputes often arise between the members and managers. While these disputes can potentially help the business grow, some disputes might be more serious and irreconcilable and lead to a member leaving or the business closing. Conflicts and disagreements among LLC members have the potential to destroy the business, making it necessary to retain a credible Houston LLC dispute lawyer when the legal issue becomes intractable.
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A limited liability company (LLC) is one of the most common types of business structures used by many individuals in the United States. LLCs combine certain aspects of corporations and partnerships, providing owners with the liability protection of a corporation and the tax benefits of a partnership.
One of the biggest advantages of forming an LLC is that members aren’t personally liable for the debt and liabilities of the business. Our knowledgeable Houston LLC attorney can help you determine if an LLC is right for you.
While there is flexibility in managing the limited liability company (LLC), conflicts can arise among the owners. Disputes between LLC members can arise from several circumstances. When conflicts arise, our top-ranking LLC dispute lawyer can explain the different laws and obligations that may come into play. Each type of case will have unique issues of law and options for resolution out of the courtroom through negotiations.
The most common LLC disputes involve conduct, finances, and duties. LLC disagreements arise around compensation or how often and how much profit should be distributed. Other LLC disputes involve performance and the amount of work being put in.
Running a business requires making many complex decisions. LLC members or business partners will inevitably disagree about some of these situations. Some common reasons that businesses find themselves in a dispute include the following:
Resolving LLC disputes quickly and efficiently can quite literally make or break a business. When co-owners, partners, or members of an LLC are involved in a dispute or litigation, the entire company can be at risk.
One of the best ways to resolve a business dispute is to have the members negotiate based on their mutual business goals and long-term business objectives. There are many ways to settle LLC disputes without the need to go to open court. Our competent LLC dispute lawyer in Houston will work hard at making one of these methods work.
When faced with an LLC dispute, the first step to try is to negotiate with the other party simply. Negotiating is the most common way to achieve a settlement without going to trial. Multiple offers and counteroffers are common during this process. Having a skilled Houston LLC dispute attorney engaged in the discussion can help resolve the legal matter sooner.
Conciliation involves an independent conciliator who facilitates communication between the two parties having the dispute, intending to achieve a settlement or resolution. The conciliator will start by listening to each party’s concerns before suggesting a starting point for negotiations.
In some situations, you and the other party may disagree on what issues are causing the dispute. A facilitator can help those in a dispute to figure out the origins of the conflict and to determine exactly what aspects of the dispute are causing problems.
Arbitration is a contract-based form of alternative dispute resolution (ADR) in which an arbitrator renders a decision to resolve a dispute between parties. The arbitration process is more relaxed and informal. Arbitration is generally a more efficient and less costly process than taking a dispute to trial.
If your contract does not require you to use alternative dispute resolution and if you cannot resolve the matter out of court, it is likely necessary to turn to litigation. The business litigation process is a complicated one, with many laws and rules at issue.
When a dispute between members of an LLC must proceed to court, our qualified limited liability company litigation lawyer can guide members through the litigation process. We can prepare and file a persuasive petition with the proper court on your behalf. If another party filed a petition against you, we can properly respond to the petition and prepare a strong defense against their claims.
The earlier you engage in negotiations and try to settle LLC disputes, the easier it will be for your business to move forward. Whether it is bringing a lawsuit or defending one, our experienced Houston limited liability company dispute attorneys at GK Law PLLC negotiate resolutions on your behalf.
Our business law firm represents numerous clients at mediation, arbitration, and in court. We will be there for you throughout the entire process, keeping you informed and answering your questions and concerns. We will discuss the specific circumstances surrounding the dispute and work with you to establish a strategy to resolve the situation based on your goals and objectives.Â
We also deal with real estate law, business law, and condemnation law concerns in Texas. We handle all legal hurdles and fight for the best solutions. Schedule an initial consultation with us today, so we can take the burden off you and do everything we can to make sure the process goes as smoothly as possible.Â
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