What Constitutes a Breach of a Partner’s Fiduciary Duty?

 Fiduciary duties require partners to act in the best interests of their partnership. If a partner makes decisions affecting the partnership based on conflicting interests (either the partner’s own interests or those of another business), then the partner can potentially be held liable for breaching his or her fiduciary duty.

Our trusted business dispute lawyers represent general partners and limited partners in all types of partnership disputes. Our experience spans representing clients involved in a broad range of industries and achieving positive results in litigation, mediation, and arbitration. Whether you need to take legal action to enforce your partner’s obligations or you need defense counsel for a contentious partnership dispute, our experienced partnership dispute lawyer can help you. Contact us for a complimentary case assessment from one of our senior attorneys 24/7.

Many partnership agreements include provisions for mandatory alternative dispute resolution (ADR). If your partnership agreement requires arbitration or mediation, then it may be necessary to pursue ADR as a precursor to, or potentially in lieu of, litigation.

Click here to know more https://federal-lawyer.com/business-litigation/partnership-disputes

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