Shareholder and Partnership Disputes
We fully understand the dynamics of partnership and corporate relationships between majority and minority shareholders and the conflicts that can arise in regard to the differing expectations of partners or shareholders regarding business management, salary and distribution of profits. The first guiding principle is to review the shareholder agreement or partnership agreement between the parties. The second step is to review, in the case of a shareholder dispute, the New Jersey Business Corporation Act, found at New Jersey Statutes Annotated § 14A:1-1, et. seq. and the Oppressed Minority Shareholder Statute, found at New Jersey Statutes Annotated § 14A:12-7. We can guide our clients towards a solution, or in the case of an issue that can not be amicably resolved, a path to success through litigation.
Our seasoned litigators are as comfortable representing the Plaintiff as we are representing the Defendant and we regularly represent individuals, organizations, partnerships and corporations whom bring an action (the Plaintiff) as well as individuals, organizations, partnerships and corporations whom are sued (the Defendant).