LLC Dispute Resolution Services In Hackensack, New Jersey
LLC disputes can have a major impact on the company, both in the present and in that company’s future. Serious disputes can hold the business back and drive a rift between partners and business owners. It is very important to resolve these disputes quickly and legally to reduce their detrimental impact and help the company move forward effectively.
For business owners involved in a dispute, it’s important to have experienced legal guidance, and our attorneys have more than 30 years of combined experience here at Shafron Law Group, LLC. We are known for our sophisticated legal services and our timeliness in resolving even the most complex disputes. We can help with negotiation or litigation as necessary. Our team has been named to both Super Lawyers and Bergen’s Top Lawyers, so you can trust both our experience and our track record of success.
Common Types Of LLC Disputes
LLC disputes can take many forms, including the following:
- Alleged breaches of fiduciary duty
- Issues with the distribution of earnings or profits
- Contract breaches or violations of the operating agreement
- Strategic differences between business partners
- Allegations of financial abuse or misappropriation of funds
- Disputes involving parties leaving or joining the LLC
- Disputes over ownership percentages
Disputes can range from ethical concerns to disagreements about the business’s direction to financial complications.
How Can LLC Disputes Be Avoided?
Planning in advance is one of the best ways to avoid LLC disputes because some of them can be anticipated. This is why having an LLC operating agreement is so important. It can specify things like how ownership percentages are split up or how profits should be divided. It can lay out a framework for decision-making or even dispute resolution. Addressing many of these things upfront allows members to know how to proceed if a dispute arises, and having these conversations in advance could even prevent some of those disputes from occurring in the first place.
Communication between LLC members is also very important. Many disputes are just issues of miscommunication that could have been avoided if everyone had been on the same page from the beginning.
Call For A Consultation
Even when being proactive about avoiding disputes, there’s no guarantee that they won’t occur. These can be very complex, so call 201-343-7200 or use the online contact form today to set up your consultation with our experienced team. Our attorneys can offer the legal guidance that you need at this time.