Phoenix Business Divorce Attorneys Provide Strong Counsel When Owners Part Ways

Firm protects Arizona clients in shareholder and partnership disputes

Running a business with others, whether through a partnership, close corporation or other type of entity offers several potential advantages. However, when a disagreement with fellow owners cannot be rectified, the process of parting ways can be as complex and bitter as any other type of divorce. With more than 20 years of experience handling a wide array of legal issues affecting Arizona businesses, Law Offices of Donald W. Hudspeth, P.C. in  Phoenix can help make business dissolutions and any associated partnership or shareholder disputes easier to handle.

How we can help if you and your co-owners can’t agree

Without proper handling, business divorces can cause serious harm to the respective owners and the underlying enterprise. Regardless of what business and personal conflicts exist, we help our clients maintain the proper perspective and try to iron out any resolvable misunderstandings without draining the resources of either party, or the business. If that proves impossible, we will use our skills as litigators to pursue a favorable resolution in court.

How we can help you sell your interest in the business

If you need to sell your interest in your business, either to fellow owners or someone not previously associated with the enterprise, we will work to determine the fair value of the business and obtain the best payment terms possible. We will assist with other objectives, such as eliminating or minimizing your exposure to potential future legal liability. Our attorneys combine deep knowledge of Arizona business law with an intense focus on your needs as we negotiate an agreement that finalizes your departure.

How we can help you establish a successful business succession plan

If you have a successful family business, you might choose to pass it on to family members or others who are close to you. Our firm can develop a plan designed to carry out your objectives as smoothly as possible, allowing you to retire or, if you choose, to continue working under a revised business structure. Should you be looking to pass along a partial ownership interest, our lawyers will work with them and their attorneys to help transition your share to your heirs with minimum disruption. We can also work out a schedule of payments, if that is your wish, and discuss options to minimize any adverse tax consequences.

How we can help you dissolve your business

Sometimes there is no one prepared to carry on the business or you are simply uninterested in seeing it continue without you. If you are ready to close down the business, we can help with all aspects of the dissolution process, including formally winding up corporate matters, taking care of any resulting tax liability, selling assets and distributing proceeds to you, your co-owners and your creditors.

Contact a Phoenix law firm able to handle your business divorce and disputes

Law Offices of Donald W. Hudspeth, P.C., delivers comprehensive counsel on business divorce issues, including dispute resolution, succession, dissolution and asset sales. To schedule a consultation with a knowledgeable business divorce lawyer, call our office today at 866-696-2033 or contact us online. Located in midtown Phoenix, our office is easily accessed by light rail or car, with plenty of available parking.