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.

Burg Simpson Scholarship Competition Winners Honored at Annual Dinner

 April 24, 2018

Burg Simpson Scholarship Competition Winners Honored at Annual Dinner

Our 2017-2018 Burg Simpson Scholarship Competition recipients were honored this past Thursday at our annual Scholarship Banquet. This year’s winners included: Elise Hegarty (Faith Christian Academy) Diana Barila (Longmont High School) Kelly Franson (D’Evelyn Jr./Sr. High School) Emilio D. Gómez (Regis Jesuit High School) Lucy Kane (Valor Christian High School) Andra Metcalfe (Mountain Vista High… Read more »

Burg Simpson Shareholder Mari K. Perczak Set to Speak at Construction Law Event

 April 19, 2018

Burg Simpson Shareholder Mari K. Perczak Set to Speak at Construction Law Event

Burg Simpson Shareholder Mari K. Perczak will be a featured panelist at a one-day Construction Law conference on April 30 at the Embassy Suites Denver. View the Construction Law event brochure here for information and scheduling. The continuing education event, sponsored by CLE International, is targeted at a variety of construction professionals, including attorneys, owners, contractors,… Read more »

Burg Simpson Beats Big Banks Again

 April 17, 2018

Burg Simpson Beats Big Banks Again

National trial firm Burg Simpson, known for its role in holding big banks accountable for their bad acts in the mortgage-backed securities and collateralized debt obligation collapse of 2007-2008 where $7 trillion in worldwide wealth was lost, has prevailed against a big bank yet again. This time it was against UBS, in a FINRA securities… Read more »

Martindale-Hubbell Honors Nick D. Fogel

 April 16, 2018

Martindale-Hubbell Honors Nick D. Fogel

Industry awards are nice, but few mean as much as accolades from your own peers. That’s what shareholder Nick D. Fogel earned as he became the latest Burg Simpson attorney to receive a Martindale-Hubbell AV Preeminent Peer Review Rating, “awarded to only those lawyers with the highest ethical standards and professional ability.” Only about 10… Read more »

Spinal Cord Injury– Denver Injury Attorney Denver Burg Simpson

 April 11, 2018

Surviving the First 90 Days After A Spinal Cord Injury

Every year in the United States, more than 17,000 people suffer spinal cord injuries, based on the latest data from the National Spinal Cord Injury Statistical Center. It’s estimated that there are nearly 300,000 Americans living with a spinal cord injury today. That’s a big reason why Burg Simpson takes these life-altering injuries so seriously…. Read more »

Craig Hospital and Brain Injury– Brain Injury Lawyer Denver – Denver Burg Simpson

 April 4, 2018

Burg Simpson Helps Craig Hospital Treat Brain Injuries

For better or worse, brain injuries have been in the news more frequently in recent years.  In 2009, the tragic death of actress Natasha Richardson brought attention to the perils of an epidural hematoma.  Ms. Richardson fell while taking a skiing lesson, appeared initially unhurt, but later developed a headache and was diagnosed with an… Read more »

Colorado Drivers Are Worse Than Average – Personal Injury Attorney Denver– Colorado Burg Simpson

 March 27, 2018

Colorado Drivers Are Worse Than Average

Observant commuters might have noticed a few different messages on the state’s electronic interstate signs mentioning the most recent amount of traffic deaths for the year. It’s the latest in the Colorado Department of Transportation’s two-year-old strategy to post regular death tallies on the signs as a way of increasing driver awareness. The most recent… Read more »

Stucco Installation Invites Mold- Colorado Construction Defect Law Firm - Burg Simpson

 March 21, 2018

Poor Stucco Installation is an Invitation for Mold

One of the single most critical aspects of any new home is what’s referred to as the building envelope or building enclosure. This is the part of any building that physically separates the exterior environment from the interior.  Think of it as the “skin” of a building. The construction defect attorneys at Burg Simpson recently… 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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