Business Law Attorneys Manage Partnership Formation and Disputes in Raleigh, New Bern, and Morehead City
Reputable legal team helps form and dissolve general partnerships, limited partnerships, and limited liability partnerships
Howard Stallings draws on more than 30 years of business law experience to help businesspeople form effective partnerships and resolve any disputes. Our knowledgeable attorneys draft and review partnership agreements for a broad range of clients in various business settings. We skillfully litigate difficult partnership disputes over profits, management, business operations, new partner interactions, and other matters. We carefully review your case and determine what remedies are most beneficial for your situation. When it becomes necessary to dissolve a partnership, we effectively assert your ownership rights.
Forming the appropriate type of partnership in North Carolina
Howard Stallings assists individuals in starting a business, and trade professionals and corporations in forming various types of partnerships:
- General Partnership — Under this model, all partners have management roles and are jointly and severally liable for claims against the business.
- Limited Partnership — Limited partnerships consist of general partners and limited partners. A limited partner does not participate in the day-to-day operations of the business and enjoys limited liability.
- Limited Liability Partnership — LLPs combine the benefits of partnerships and corporations. All partners in an LLP have limited liability from the negligence of other partners. However, a partner is still personally liable for any personal malpractice.
Partnership dispute litigation throughout North Carolina
Sometimes a partner feels unfairly treated under the partnership agreement. This might involve allegations of a breach of fiduciary duty by one or more partners. A minority partner might feel oppressed by the controlling partners and might have to litigate to correct the abuse. Howard Stallings has decades of experience in partnership dispute litigation. We provide aggressive representation, especially when alleged malfeasance threatens the value of the partnership to our client.
Effective services to dissolve partnerships
Partnerships dissolve for various reasons, some amicably and others contentiously. Whatever your scenario, our business law attorneys take meticulous care to help you retain the value of your share of the partnership assets.
Contact our experienced attorneys for valuable advice on business partnerships in North Carolina
Howard Stallings provides highly competent legal services for business partnerships. From formation to dissolution, our skilled legal team offers reliable advice and staunch representation. To schedule a consultation with an experienced business lawyer, call 919-821-7700 or contact us online.