Colorado Business / Commercial Litigation

Business Breakups – Denver Corporate Litigation Lawyer

Business Breakup - Denver Corporate Litigation Lawyers - Colorado Burg Simpson When you’re starting a new business with a partner, the last thing you’re probably thinking of is how that partnership will end. Why would you? You’re just starting out but you should. According to the researchers at The Statistic Brain Research Institute, anywhere from 20 percent to 30 percent of startup partnerships end in a breakup. Breaking up a business is usually complicated and often emotional. Experienced, considerate counsel can make all of the difference between a prolonged, expensive litigation with a poor outcome, and a prompt reasonable resolution.

Disputes among co-owners of a business – whether they’re partners, members of a limited liability corporation or shareholders – can include disagreements over operating responsibilities, the division of assets and liabilities, ownership of intellectual property, future competition, and future ownership and management after break-up. Our attorneys will assist you in protecting your interests, help you understand any existing contracts, obligations and liabilities, and help you comply with the legal and regulatory requirements of dissolution.

If your business venture is threatened by an impending partnership dissolution, you need to speak with a Denver corporate litigation lawyer at Burg Simpson today by calling 303-792-5595.

There are few signs entrepreneurs can look for that might suggest a business breakup could be on the horizon, such as:

  • Communication breakdown: Communication is critical in any relationship, whether it’s personal or professional. When communication starts to break down – the emails taper off, the meetings fall off the calendar, and major decisions start to get made independently – it might be time to re-evaluate the partnership.
  • Fundamental differences: Disagreements aren’t unusual. They are an unavoidable part of every relationship. But when those differences become more blatant and when they infiltrate fundamental aspects of the partnership, such as long-term business goals and core values, they can make collaboration that much more difficult.
  • Disparity of workloads: Vaguely defined roles can often lead to a difference of work responsibilities. Maybe it’s one partner who can’t seem to delegate any responsibilities. Maybe it’s a partner who refuses to carry his weight, skipping client meetings or conference calls. Either way, when partners aren’t working together or sharing duties equitably, divisions can emerge, threatening the relationship.

If you think your partnership is at risk, talk with one of the Colorado commercial litigation attorneys at Burg Simpson as soon as possible. Call us now so we can help assess your situation!

Any knowledgeable business advisor will tell you the old adage is true when it comes to starting a business: Hope for the best, plan for the worst. It might sound counterintuitive, but when you draft your business plan, you should also map out your potential dissolution. It should be included in your original partnership agreement. This agreement – and exit strategy – should be drafted with multiple options in mind, such as a buyout clause, a replacement provision, or even a liquidation strategy, for a few example.

These plans shouldn’t be drafted on your own. Effective legal counsel is the only way to put together a reliable partnership agreement. If you’re about to enter into a partnership agreement, don’t sign anything without consulting an experienced Colorado corporate litigation attorney. Call us today at 303-792-5595 so we can ensure that you’re protected if the worst happens.

A Burg Simpson Denver Commercial Litigation Attorney Can Help

Resolving disputes, short of expensive litigation, is almost always preferable but we realize that’s not always possible. Because Burg Simpson’s Denver corporate litigation attorneys are well-known as trial attorneys, we bring that leverage and experience to your negotiations, helping you avoid and resolve disputes before they reach the courtroom, if possible.

When a business dissolution escalates to litigation, Burg Simpson’s experience, strength, and resources are available to powerfully advocate the client’s position to the judge or jury.

Call us today at 303-792-5595.

Ronald M. Sandgrund Tackles Dangerous Activity in Latest Colorado Lawyer

 February 7, 2018

Ronald M. Sandgrund Tackles Dangerous Activity in Latest Colorado Lawyer

Who’s to say what’s “inherently dangerous” as opposed to “ultra hazardous?” Is it a question of law or a question of fact, best left for a jury to decide? Those are just a couple of the questions Burg Simpson’s Ronald M. Sandgrund raises in a feature in the latest issue of Colorado Lawyer magazine. Sandgrund… Read more »

Michael S. Burg Presents at 2018 Trial Lawyers Summit

 February 5, 2018

Michael S. Burg Presents at 2018 Trial Lawyers Summit

The Trial Lawyers Summit is an annual gathering of the nation’s trial lawyers, where they gather to exchange ideas and develop professional relationships. That’s why Burg Simpson shareholders frequently attend. In addition to signing copies of his book, “Trial by Fire: One Man’s Battle to End Corporate Greed and Save Lives,” Michael S. Burg spoke… Read more »

Tom W. Henderson Breaks Down Insurance Policy Details

 January 18, 2018

Tom W. Henderson Breaks Down Insurance Policy Details

The latest component in Burg Simpson’s ongoing professional education initiative is set for next week. Shareholder Tom W. Henderson will conduct a 90-minute web seminar, “Advising Your Business Clients on Insurance Policies,” at 9 a.m. MST on Jan 18. Designed for Colorado corporate litigation attorneys, this CE course will cover: Defining Ambiguous Terms. Understanding the… Read more »

Burg Simpson Announces its New Website Launch

 January 17, 2018

Burg Simpson Announces its New Website Launch

Burg Simpson is proud to announce the launch of a more comprehensive website that incorporates the firm’s office locations into a single site. The new Burg Simpson website, which has since focused on Colorado’s practice areas, now encompasses information for its Arizona, Ohio, and Wyoming offices all in one place, along with their practice areas,… Read more »

One of the Worst Things – Medical Malpractice Attorney Denver– Burg Simpson

 February 12, 2018

It’s One of the Worst Things That Can Happen to Your Baby

Although modern medicine and technology have managed to make childbirth a relatively routine medical procedure, it remains fraught with potential complications. Most problems that do arise during labor can be relatively minor, but some situations can turn a delivery room into an emergency operating theater. Shoulder dystocia is a complication that can occur without warning,… Read more »

Cesarean Section Births– Colorado Medical Malpractice Attorneys – Burg Simpson

 January 30, 2018

Cesarean Section Births Aren’t as Safe as You Think

About one in three infants in the United States is delivered by Cesarean section, according to the most recent data from the Centers for Disease Control and Prevention. That statistic starkly contrasts to global C-section rates, which are much lower, at around 19 percent. There are a couple of reasons for these higher C-section rates…. Read more »

Ruling Against Homeowners Association - Denver Construction Defect Attorneys - Burg Simpson

 January 29, 2018

Appeals Court Overturns Ruling Against Homeowners Association

The non-delegable duty doctrine is simple enough: when one person, say a homebuilder, renders services which it should recognize as necessary for the protection of third persons, say ensuring construction is done in a good and workmanlike manner and in accordance with all applicable plans, specifications, and building codes for home buyers, the builder cannot… Read more »

States Crack Down On Left Lane Drivers – Colorado Personal Injury Lawyer – Burg Simpson

 January 23, 2018

States Crack Down On Left Lane Drivers

Ask anyone who are the worst drivers on the road and you’re likely to get a variety of responses. One that stands out, however, are the passing lane campers, those who cruise along in the left lane, oblivious to the traffic they’re tying up or the road rage they’re feeding. According to the Expedia Road… Read more »

Ring of Fire: Even Republicans Are Disgusted by The Republican Party

 May 3, 2016

Ring of Fire: Even Republicans Are Disgusted by The Republican Party

A Ring of Fire first! Host Farron Cousins talks to former Senator Alan Simpson in a unique opportunity on Ring of Fire to speak with a Republican about the current state of the Republican Party.

CBS 4: Michael Burg Inducted to Trial Lawyer Hall of Fame

 April 28, 2016

CBS 4: Michael Burg Inducted to Trial Lawyer Hall of Fame

CBS 4 in Denver highlights Burg Simpson attorney Michael S. Burg’s induction into the Trial Lawyer Hall of Fame

Radio 850KOA: Michael Burg Inducted to Trial Lawyer Hall of Fame

 April 28, 2016

Radio 850KOA: Michael Burg Inducted to Trial Lawyer Hall of Fame

Denver’s Radio 850KOA ran a news story about Michael Burg’s induction into the Trial Lawyer Hall of Fame.

Ring of Fire: The Unseen Economic Crisis

 February 29, 2016

Ring of Fire: The Unseen Economic Crisis

Ring of Fire host Farron Cousins talks with Michael Burg about taxes and the government’s resistance to upgrade America’s infrastructure.

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