Partnership disputes can arise for a multitude of reasons. A partner may not be carrying his or her weight or could simply not be performing at all. One partner may want to exit the partnership and the other partner could be refusing to split the assets with the exiting partner. The partners may disagree over the division of profits. One partner may have misappropriated assets or defrauded the other partner. These are only a couple of the endless examples of the types of partnership disputes that the Frame Legal business litigation attorney handle.
Partnership DisputesFrame Legal, LLC
It is vital that there is trust and accountability in each South Carolina partnership in order to help prevent partnership disputes. Each partner involved must play their part, and those in control need to honestly account for income and expenses and must not take advantage of minority partners.