Business Partner Decision Disputes

Summary

If your business partner is making questionable decisions, review your partnership agreement for clauses on decision-making and dispute resolution. Document all instances of poor decisions and their impact on the business. Consider mediation to resolve conflicts amicably. If necessary, consult a business attorney to explore legal actions such as dissolution or breach of fiduciary duty.

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New york
If your business partner is making shady and bad decisions, you may consider the following actions:
- Review your partnership agreement for any clauses related to decision-making and dispute resolution.
- Document all instances of bad decisions and their impact on the business.
- Consider mediation to resolve the conflict amicably.
- If necessary, consult a business attorney to explore legal actions like dissolution or breach of fiduciary duty.
Do you have a partnership agreement in place?
Yes
Given that you have a partnership agreement in place, it would be wise to:
- Review the agreement for specific clauses about decision-making and dispute resolution.
- Ensure that all instances of the shady decisions are well documented.
- Consider mediation first before escalating the issue.
Do you need more information on mediation services in New York or advice on finding a business attorney?