Partnership Dispute Attorneys in Denton County
When the person you built the business with becomes the problem.
My business partner is stealing from me. What do I do?
First, protect the evidence: bank records, accounting files, vendor invoices, and access logs. Do not confront your partner until you understand your legal position. A confrontation often triggers document destruction, drained accounts, or a race to the courthouse. Texas law gives wronged owners powerful remedies: claims for breach of fiduciary duty, fraud, and theft; court orders freezing assets; forced accountings; and in serious cases, removal of the partner or appointment of a receiver. The pattern we see most often is an owner who suspected something for months before acting. The sooner you call, the more we can preserve and recover.
My business partner is suing me. What now?
Do not respond to the lawsuit, or to your partner’s attorney, on your own. That being said, do not miss the answer deadline, which in Texas arrives quickly after you’re served. Partner lawsuits are rarely just about the claims on paper; they’re usually a fight over control, money, or an exit. That means your defense strategy needs to serve your business goals, not just answer the allegations. We defend business owners against claims of breach of fiduciary duty, breach of the company agreement, and mismanagement, and we frequently turn defense into offense with counterclaims where the facts support them.
How do I end/dissolve my LLC?
Sometimes the right answer to a broken partnership is a clean exit. How you get there depends heavily on your company agreement: some provide buyout procedures, valuation formulas, or exit rights; others are silent, which leaves the parties to negotiate or litigate. Options include a negotiated buyout, a structured wind-down and dissolution under Texas law, or, when owners are deadlocked, court-supervised remedies. Ending a company the wrong way can create personal liability and tax consequences that follow you. We guide Denton County business owners through exits that actually end the dispute instead of extending it.
What does my company agreement actually mean?
Most owners haven’t read their company agreement since the day they signed it. Even worse, many owners or members discover in a dispute that their company agreement doesn’t say what they assumed. Who has authority to sign contracts? Can a member be forced out? What happens to a member’s interest in a divorce or death? What does the buyout formula actually produce? We review and interpret operating agreements, partnership agreements, and shareholder agreements for owners who need to know where they stand—before a dispute, during one, or when planning an exit. Bring us your agreement; we’ll tell you in plain English what it means and where it leaves you exposed.