Colorado Business / Commercial Litigation

Business Breakups – Denver Corporate Litigation Lawyer

Business Breakup - Denver Corporate Litigation Lawyers - Colorado Burg Simpson When you are starting a new business with a partner, the last thing you are probably thinking of is how that partnership will end. Why would you? You are 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 and expensive litigation with a poor outcome, and a prompt and reasonable resolution.

Disputes among co-owners of a business – whether they are 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 a 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 is 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 are not 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 is one partner who cannot seem to delegate any responsibilities. Maybe it is a partner who refuses to carry his weight, skipping client meetings or conference calls. Either way, when partners are not 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 examples.

These plans should not be drafted on your own. Effective legal counsel is the only way to put together a reliable partnership agreement. If you are about to enter into a partnership agreement, do not sign anything without consulting an experienced Colorado corporate litigation attorney. Call us today at 303-792-5595 so we can ensure that you are 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 is 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.

 August 20, 2019

Colorado and Company Interviews Burg Simpson’s Personal Injury Lawyers

Colorado and Company Interviews Burg Simpson’s Personal Injury Lawyers. Shareholders Peter W. Burg and Stephen J. Burg Discuss What to Do Following a Crash. If you have experienced a vehicle-related injury through the carelessness of another party, you could be eligible for damages for your pain, suffering, and loss. The Denver personal injury lawyers at… Read more »

 August 15, 2019

Burg Simpson Congratulates Our Best Lawyers in America!

Twenty-Seven Burg Simpson Attorneys named as The Best Lawyers in America ® 2020. Four lawyers were named 2020 Best Lawyers “Lawyer of the Year” in Their Practice Areas and Regions Burg Simpson Eldredge Hersh & Jardine, P.C., one of America’s foremost plaintiff trial firms, is proud to announce the Best Lawyers in America accolades for… Read more »

 August 5, 2019

Bicycle Crashes: The Blame Game

Bicycle Crashes: The Blame Game By David P. Hersh, Shareholder and Avid Cyclist When it comes to crashes between cyclists and motor vehicles, it is essential to establish who is at fault for causing the accident.  Tort law in America operates on a system of responsibility – those who ride or drive on public ways… Read more »

 August 1, 2019

Michael Burg Discusses the Opioid Epidemic Litigation

Michael Burg Discusses the Opioid Epidemic Litigation. Michael Burg, shareholder and founder of Burg Simpson Eldredge Hersh & Jardine, recently appeared on the Ross Kaminski Show on KHOW to discuss the current opioid epidemic, and how the opioid lawsuit is seeking to hold drugmakers accountable for opioid-related addictions, injuries, and deaths. Michael Burg is one… Read more »

7th Annual Jeremy Bitner Memorial Run for the Fallen Officers Fund

 July 1, 2019

7th Annual Jeremy Bitner Memorial Run for the Fallen Officers Fund

The Jeremy Bitner Foundation was established in honor of Englewood Police Detective Jeremy Bitner. Detective Bitner lost his life in the line of duty on May 28, 2012, after being struck and killed by a vehicle while performing a traffic stop. Jeremy served the Englewood Police Department for 8 years and during that time was assigned… Read more »

The 2019 Burg Simpson Scholarship Awards Dinner

 May 7, 2019

The 2019 Burg Simpson Scholarship Awards Dinner

The 2019 Burg Simpson Scholarship Awards Dinner was held at Maggiano’s on April 25th to recognize the ten winners of the firm’s annual scholarship competition. The firm’s founder Michael Burg, and shareholders Peter Burg and Stephan Marsh presented awards to the 2019 winners! This year’s recipients included Ms. Madison Frotten, Mr. Dale Kim, Ms. McKenna… Read more »

Burg Simpson | Workers’ Compensation

 April 17, 2019

Burg Simpson | Workers’ Compensation

Shareholder Nick Fogel is the practice group leader of the Workers’ Compensation division at Burg Simpson. Workers’ Compensation is a form of insurance that protects employees when they are injured on the job or in the line of duty. Workers’ compensation provides both wage replacement and medical benefits. Filing a workers’ compensation claim can be… Read more »

Burg Simpson | We Are Here To Help

 April 5, 2019

Burg Simpson | We Are Here To Help

Burg Simpson is a law firm committed to helping injured people rebuild their lives after a serious accident or injury. Our trial lawyers have handled nearly every kind of injury or wrongful death case. The team at Burg Simpson has the resources, nationwide reputation, or proven track record of success when it comes to helping… Read more »

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