Kalamazoo Shareholder and Member Oppression and Fiduciary Litigation Attorneys
Fiduciary duty and owner disputes can pose a serious risk to a firm’s profitability and to the owners. A breach of the bylaws or the operating agreement or violation of duty to the company can not only represent the end of a business relationship, but can result in major loss for the parties involved. Withholding profits, converting company assets, competing with the company, and usurpation of company opportunities can constitute a violation of law and / or a breach of company contracts, often requiring litigation.
A seasoned business attorney with experience handling owner disputes and fiduciary duty litigation can help protect your best interest and the company. From our offices in Kalamazoo, Michigan, Veritas Law Group, represents owners engaged in disputes or fiduciary duty claims. We offer flexible scheduling options and initial consultations.
Withholding profits and conversion of assets
Among the more common claims brought against controlling owners in a business venture are withholding of profits and conversion of assets belonging to the partnership. Profits resulting from company activities must be turned over to the company. When an owner sells assets belonging to the partnership and withholds the proceeds, he or she may be guilty of conversion under Michigan law.
Usurpation and competing with the company
When an owner takes advantage of an opportunity that constitutes competition with the company, he or she may be breaching the company agreements and violating his or her fiduciary duty. These cases can be complicated, requiring the skill of a veteran business trial attorney.
A track of Success for Our Clients
Our shareholder and member oppression and fiduciary litigation attorneys have a proven track record of success and a reputation as some of the Kalamazoo area’s most respected trial lawyers. We understand that for a business to be competitive in Michigan, its legal representation needs to be competitive as well. When you retain the services of one of our experienced shareholder and member oppression and fiduciary litigation lawyers, you can rest assured that you are being represented by a driven trial attorney who has your best interest at heart.
Contact us today for a free consultation
It costs you nothing to speak with a top Michigan business attorney about your partnership’s legal concerns. Contact Veritas Law Group, at 269-270-3500 today.
