Intra-Corporate and Intra-Partnership Disputes

When a dispute arises among the owners of a company or partnership which does not permit the owner to continue in business together, in many cases the law provides remedies enabling them to disengage from the business and go their separate ways. Disengagement from a closely held corporation, limited liability company or professional corporation or partnership may involve complex questions involving the rights and obligations between the owners and with respect to third parties.

The firm has been involved in a number of disputes relating to the breakup of closing held corporations, professional corporations and partnerships including:

• Representing the general partner of limited partnership in action for dissolution and for alleged mismanagement of multi-million dollar apartment complex.
   
• Representing a law professional corporation in litigation with departing member claiming compensation for his stock.
   
• Representing a 50 percent owner of a closely held corporation engaged in the processing and resale of recyclables in an action to compel the issuance of shares and dissolution.
   
• Representing a medical professional corporation in connection with the departure of three of its member physicians.