Co-owner disputes
Disagreements over control, money, roles and direction.
Disagreements between business partners can stall operations and threaten what you built. VHD Law's Sturgeon Bay office helps Door County owners understand their rights and options.
When co-owners of a Sturgeon Bay business disagree about money, direction or who does the work, the first place to look is the operating agreement, shareholder agreement or partnership agreement. Those documents may set voting rules, buyout rights, valuation methods and dispute procedures.
If there is no written agreement, or it does not address the problem, Wisconsin's default rules for LLCs, corporations or partnerships fill the gaps. Those rules may not match what the owners expected. Understanding them is the first step toward a negotiated buyout, a restructuring or, when necessary, a court case.
Operating, shareholder or partnership agreements and any amendments.
Keep operating, paying bills and documenting decisions during the dispute.
Financial statements, capital accounts and distributions.
Our Sturgeon Bay office helps business owners resolve disputes and plan transitions.
Disagreements over control, money, roles and direction.
Valuing and negotiating the purchase of an owner's interest.
Interpreting operating and shareholder agreements.
Winding up a business when owners cannot continue together.
Disagreements with customers, suppliers and contractors.
Sturgeon Bay has a diverse business community, from maritime trades and manufacturing to retail and hospitality. Business disputes in Door County are generally heard in the Door County Circuit Court, close to our office.
Before a consultation, prepare a short history of the business, the ownership percentages and a summary of the disagreement, along with the governing documents.
Call our Sturgeon Bay office on Louisiana Street to schedule a consultation.
We read the agreements and identify your rights.
We discuss negotiation, buyout, restructuring or dissolution.
We work toward a resolution that protects the value of the business.
In a close-knit community, partner disputes can affect customers and employees quickly. Resolving them privately, when possible, often protects the business's reputation.
Mediation can be a useful step before litigation in many business disputes.
Get to know the VHD Law attorneys who work in this practice area. Contact our team to discuss appointments and your legal needs.
Daniel works with clients on business agreements, real estate decisions and related legal matters.
View Attorney ProfileQuestions Sturgeon Bay owners ask about partner disputes.
Wisconsin's default rules for the type of entity will generally apply. They may not reflect what the owners intended, so a careful review is important.
It depends on the agreements and the law. Some agreements include buyout rights; otherwise, a negotiated buyout or a court process may be options.
Agreements may set a method. If not, valuation may require financial analysis or an appraiser.
Door County business disputes are generally heard in the Door County Circuit Court in Sturgeon Bay.
Find information and consultation options for nearby Wisconsin communities.
See other legal matters our team can discuss with clients in the area.
In a dispute with a co-owner in Door County? Call our Sturgeon Bay office to review your agreements and options.