Partnerships

Partnerships are incredibly easy to form and yet unbelievably difficult to dissolve. You can create a partnership on the street corner, but once joined, partners owe each other duties that are not easily set aside. In today’s world, it’s easy to form any type of business entity whether it’s a partnership, LLC or corporation. However, most new business owners or partners do not take the time to undergo the formalities of opening a business.

Nevertheless, Florida has a series of statutes that define parity rights and duties in the absence of formal agreements. Deviations from those statutes can be established by oral agreements, writings and the party’s course of conduct. The application of or deviation from these statutes defines how a partnership, shareholder or member dispute is resolved. Barakat Law has extensive experience litigating partnership disputes. Let our attorneys help define your disputes in the most advantageous way.