When It's Time to Move On: Ownership/Partnership Disputes:
Business partners can fall out of love with each other just as marriage partners sometimes do. When serious disputes or inequities arise between business owners, the best option may be to end the relationship.
Corporate Divorce Legal Services
The attorneys of The Pellegrino Law Firm, represent business owners, shareholders, partners or other business clients in business ownership disputes. Resolving these disputes is sometimes referred to as corporate divorce because it involves untangling and separating complex financial interests and can also involve strong emotions.
When business is good, it is easy to overlook the weaknesses in the business relationship. Then something changes, and the inadequacies in the arrangement become too much to bear.
What We Do to Help
First we listen to you explain the situation and your desired outcome. Do you want complete control of the business? Do you want to get your money out and walk away? Do you want to continue to work together but in significantly different roles?
Next, we analyze the problem and develop a plan for achieving your goal. Because of our extensive experience in business law and litigation, we know how to break up various types of business entities in a way that meets all regulations and also protects our client's interest.
If you want to restructure or realign your relationship, we can provide general business advice and redefine and enforce responsibilities. If it is time to close the doors and call it quits, we may move to have a receiver appointed, dissolve the business and/or sue for breach of fiduciary duty.
If you are involved in a partnership dispute, shareholder conflict or any other type of ownership dispute, please contact The Pellegrino Law Firm in New Haven Connecticut. Call us toll free at