|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.
*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.
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