In some cases, business partners will recognize that the business relationship is simply not working, and needs to end. In other cases, partners may not know whether a business divorce should be pursued or would even make sense given the circumstances. Whether seeking a business divorce or facing an unwanted yet inevitable divorce, business partners should seek the guidance of a qualified business litigation attorney. A good business litigation attorney will prioritize their clients’ best interests throughout business divorce proceedings by protecting their rights and preserving as many of their assets as possible—just as a good divorce attorney would do during a divorce between spouses.
At O’Toole Atwell in Austin, TX, the attorneys understand that just because a business divorce involves “business” matters, it doesn’t mean that it’s not a highly stressful, emotional, and challenging time for those who stand to lose. The dissolution of a business can mean the death of a dream, the loss of an income, or even a brand-new beginning. For a partner who wants to preserve the business and prevent dissolution, there may be options available to them, such as a buy-out of a partner who seeks to end the partnership, or a sell-back of their share of the business. There are a number of options to explore with the right business litigation attorney.
Don’t hesitate to contact O’Toole Atwell in Austin, TX, even if you just need to start by getting the answers to your questions. Calling today might just be the wisest business decision you’ve yet to make.
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Business & Commercial Litigation