The New York Law Blog: New York Shareholder, Member and Partnership Business Disputes in New York: New York Business Dispute/Litigation Basics
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Wednesday, June 1, 2016

New York Shareholder, Member and Partnership Business Disputes in New York: New York Business Dispute/Litigation Basics

New York Lawyer on Business Disputes
New York Business Disputes
We regretfully handle numerous shareholder and member disputes.  The main reasons for these disputes are because of the lack of an adequate Shareholder, Operations or Partnership Agreement or nefarious acts by a member, shareholder or controlling director.

Analyzing whether to file a lawsuit is, often, a matter of economics.  A civil law suit at the court of first instance may take over a year.  Your attorney in New York will need to file a complaint to the court, file a reply to the defendant, depose witnesses, file pre-trial requests and make numerous appearances in court and at pre-trial conferences.  The process is cumbersome, time consuming and of course will not be cheap.

Thus, we, always, sit down with our clients and do a detailed cost-benefit analyses.  Always, prior to paying for litigation, sit down with a business-savvy New York street-smart lawyer and discuss if litigation is the right choice for resolving your shareholder, member or partnership dispute.
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*Sean Hayes may be contacted at: SeanHayes@ipglegal.com.

Sean Hayes is co-chair of the Korea Practice Team and Chair of International Practice Group at IPG Legal.  He is the first non-Korean attorney to have worked for the Korean court system (Constitutional Court of Korea) and one of the first non-Koreans to be a regular member of a Korean law faculty.  Sean is ranked, for Korea, as one of only two non-Korean lawyers as a Top Attorney by AsiaLaw.  He has, also, received the highest rating by AVVO and other legal rating services.