Mississippi Partnership and Shareholder Dispute Attorney

When family members or professionals enter into a joint business venture, they generally share a reasonably common vision about their goals and business strategies. This common interest typically results in the creation of a shareholder agreement or partnership agreement. These agreements provide a roadmap for decision-making, ownership structure, transfer of equity interests, management and winding down the business. A well-crafted shareholder or partnership agreement will clearly articulate matters that include finance, buy-outs, operations, buy-ins and other salient issues. Sometimes business disputes arise between equity owners of a business which necessitate litigation or alternate dispute resolution (ADR) strategies despite diligent planning and drafting efforts.

Jackson, MS attorney William Kellum III has the background and experience to keep partnership and shareholder disputes from escalating into costly protracted litigation which can mean financial losses for all parties. Mr. Kellum utilizes negotiation and ADR methods where possible to avoid undue business disruption and unnecessary litigation costs. Our Mississippi law firm is committed to finding efficient, creative and cost-effective solutions that circumvent the risk of financial threats to the viability of the business.

Disputes among management or equity owners that are not resolved efficiently and effectively can be one of the most prominent threats to the stability of a business venture. Internal disputes within a corporation, LLCs, general partnership, limited partnership or other business entity can be as costly as protracted litigation against another entity but far more devastating. When disputes between partners and shareholders are not resolved properly, the result can be depletion of the company’s assets, demoralization of those in the organization and stifled growth.

Creative out of court solutions can be far more satisfying for all parties than limited and inequitable resolutions based on judicial or legislative remedies. We endeavor to exhaust ADR strategies prior to seeking judicial intervention to prevent protracted costly litigation that can deprive a business of its resources and invite insolvency.

Mississippi partnership dispute attorney William S. Kellum III represents clients in Jackson, Brandon, Clinton, Canton, Brookhaven, Greenwood, Hattiesburg, Indianola, Madison, Meridian, Natchez, Pearl, Ridgeland, Vicksburg, Yazoo and other surrounding cities and areas. We offer a free consultation so that we evaluate your situation and answer your questions so call us today at (601) 969-2709 or send us an email to schedule your initial consultation.