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Partnership Disputes – the Basics

A partnership is a business that has two or more owners and is not registered as a corporation or LLC. It’s the least expensive way to establish a business operated by two or more people—it can be formed with little more than a handshake.

Because partnerships are the only business structures that can be formed via oral agreement, there is an increased chance for misunderstandings and possible partnership disputes.

Any relationship can experience arguments, and business relationships certainly are no exception. Once an argument leads to a dispute, attorneys may need to get involved. Partnership disputes can happen for any number of reasons, most typically the following:

  • Financial matters (shares, contribution, accounts)
  • Personal assets and partnership
  • Liability
  • Assets and property distribution
  • Profit sharing
  • Management/authority
  • Partner responsibilities

Depending on the state, there are laws governing partnerships, usually called “The Uniform Partnership Act.” These laws establish some basic legal rules regarding partnerships. However, the best way to avoid a partnership dispute is to create a written partnership agreement at the start of the partnership. This way you can tailor your partnership agreement more closely to you, your partner(s), and your business.

If a dispute cannot be resolved via a written agreement, you can look into alternative dispute resolution, which attempts to keep litigation out of the picture. Our partnership dispute lawyers are seasoned mediators and arbitrators, and work with our clients to protect their rights and livelihoods. If the matter ends up having to go to litigation, we will fight for you in court.

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Neil  H.  Deutsch Attorney Photo
Neil H. Deutsch

Neil H. Deutsch has been practicing law for over 35 years and is known as a skilled negotiator in employment and discrimination law. He believes in a bottom-line approach of risk analysis and cost effectiveness for his clients. "Case evaluation is something we take seriously," says Mr. Deutsch who seeks top net dollar for his…

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Bruce L. Atkins
Senior Partner

Bruce L. Atkins is the Senior Managing Partner at Deutsch Atkins & Kleinfeldt P.C., a prominent plaintiff employment law firm in the tri-state area. Mr. Atkins believes employees’ rights should be aggressively pursued when they’ve been wrongfully dealt with by their employers. He brings this philosophy to his practice when considering each case and its…

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Adam J. Kleinfeldt

Adam J. Kleinfeldt joined Deutsch Atkins & Kleinfeldt, P.C. in March of 2015.  He primarily represents individuals in employment litigation such as discrimination, retaliation and whistle blowing matters. He has extensive experience in all phases of the litigation process. Adam has obtained significant results for his clients, including a $525,000 jury verdict in a sexual…

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Debra M. McGarvey

Debra M. McGarvey joined Deutsch Atkins & Kleinfeldt, P.C. in December 2019. She has extensive experience defending employees and employers in state and federal court in employment litigation matters. She has represented clients on various issues arising out of the New Jersey Law Against Discrimination (NJLAD), the New Jersey Conscientious Employee Protection Act (CEPA), the…

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Carly Skarbnik Meredith

Carly Skarbnik Meredith, Esq. is a Partner at the firm. Carly has focused her career exclusively in the field of employment law. She has a plethora of experience representing both employees and employers with their employment issues, needs, and concerns. She believes representing both employees and employers has made her an extremely well-rounded client advocate.…


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