LLC Members And Shareholder Disputes

When Disputes Can Put It All On The Line

Ownership groups, usually LLC members or shareholders, are a diverse group of people with varying perspectives on each issue. That can be an asset until it isn’t. Disputes between the people at the top of the company can send ripples down through the business.

At Gibson Law Partners, LLC, we’re commercial dispute attorneys who have a track record for results in business conflicts. We’re thorough, attentive and detail-oriented lawyers who understand the often subtle details of problems facing stakeholders in Lafayette. But what sets us apart is our toughness and perseverance in facing high-stakes troubles.

LLCs Are Not A Protection From Breaches

LLCs are among the most preferred types of business entities because they combine traditional aspects of partnerships with corporate liability protections. They have opportunities for flexibility and other attractive features. However, members of an LLC can still commit a breach of fiduciary duty.

Shareholders and LLC members alike are held to stringent, consistent standards for duty, and if they breach that trust, they harm their fellow members. Such breaches can include:

• Nondisclosure of conflicts of interest
• Minority shareholder oppression
• Refusal to pay dividends
• Manipulating valuation
• Compensation conflicts

These are just a few of the problems that can arise and create extensive problems between partnership groups.

Conflict Resolution Skills Protecting Our Clients

While we are aggressive, strong litigators, we are well-versed in alternate dispute resolution methods. We utilize these measures to protect our clients and help find the least destructive way forward because high-stakes litigation in these matters can lead to a company’s dissolution, and our clients want to avoid that at all costs.

We’re here to help preserve your company and protect your interests throughout your case. Call to learn more at 337-301-8332 or send an email using this form.