Introduction to

Partnership Disputes

adventure-1807524_640.jpg

When you enter into an agreement to carry on a bussiness, in common with another person with a view to make a profit you are potentially in a partnership agreement. When the verbal terms are scant, or the written terms are not sufficient, there is a good chance you may end up in a partnership dispute. In other cases even where the terms are well documented there may be a temptation for a partner to breach the agreement and/or applicable fiduciary duties so that you may require legal help.

Our principal solicitor has helped many clients understand their rights in the face of a partnership dispute, and then pursue those rights to get their proper entitlements. Make today your turn to get help with a dispute. 

 

Potential Scenarios - Partnership Disputes

Partnership Disputes About:-

  • Whether or not a partnership is in existence.
  • Whether monies advanced form part of partnership property (or not).
  • The terms of a partnership agreement including terms implied by reason of the Partnership Act 1892 (NSW);
  • Whether a partner to the agreement breached it and the available remedies

Let Us Help You

  • Get discovery (or preliminary discovery) in aid of a partnership agreement.
  • End a partnership (if possible).
  • Obtain a freezing order (Mareva) against a partner who has breached the agreement and is dissipating assets to frustrate any judgement (if possible).
  • Appoint a receiver to the partnership (if possible).
  • Obtain dissolution of the partnership (if possible).
  • Get an order for accounts and an inquiry into partnership assets and respective interests held (if possible).
  • Obtain relief against 3rd parties holding assets of the partnership (if possible).

* Your entitlement to any of the above remedies will depend on the agreement, and the facts of the case.

* This content does not purport to give legal advice. Readers must obtain their own legal advice, that applies to the particular circumstances of their case, before taking any action at all.