Contract Disputes

Contract Disputes 

Contracts are essential to the prosperity of any business. A well-drafted contract helps a company run smoothly and ensures members perform their roles efficiently. The Sorenson Law Firm can help you draft and review your contract so that all parties are well-represented and crucial legal entries are made.

Even with an exceptional business contract reviewed by an attorney, it is common for a contract dispute to arise. In some cases, it can escalate into a costly legal process. Our commercial litigation attorney can help businesses resolve corporation and partnership disputes before they cause permanent financial and relational challenges.

At The Sorenson Law Firm, LLC, we understand the concerns Tempe business owners face regarding dispute resolution. Our goal is to help you and your partners reach an amicable solution through negotiation and settlement.

Please consult with us today and save your business from lengthy and expensive legal processes.

What is Contained in a Business Partnership Contract?

A well-written and attorney-reviewed business contract safeguards the company from any un expected contract disputes. The contract should include specific details of all the company’s activities. The following are examples of vital information a business partnership contract should contain:

  • Essential information for each partner, such as name, contact detail, and rank
  • Duties and responsibilities of each partner
  • The agreed monetary allocation for each individual
  • The vision, mission, and goals of the partnership
  • Restriction on the leadership and management roles
  • Precise instructions on the termination of contract or dissolution of a business partnership

Business partnership laws differ from state to state; our Tempe business lawyer will ensure your contract follows the Arizona state laws and can stand in court.

Our attorneys’ diverse experience also enables us to analyze and review other contracts between businesses and customers. They include real estate sale contracts, loan and financing contracts, licensing and royalty contacts, construction contracts and subcontracts, and rental contracts.

Talk to us today and have all your contracts drafted or reviewed by a credible Arizona business attorney.

Common Corporation and Partnership Disputes

As business dynamics change, disputes can arise due to various reasons, including :

  • Unsatisfactory performance of a partner: Every partner has a role to play, and some may neglect their duties, affecting the overall business output.
  • Differing interests: A struggling or growing business may cause a partner to feel that things need to take a new direction, while another partner may disagree.
  • Management of personal conflicts: A partner may feel they have more rights to the business and decide to cause unrest. A dispute could also result from a high-ranking partner causing significant revenue loss due to poor decision-making.
  • Hiding profits: The revenue from the business needs to be declared and reported by all partners. A partner may have hidden a part of the profits, and they’re later discovered.

The Sorenson Law Firm handles numerous corporation and partnership disputes, and we assist our clients in working out a settlement that favors the company’s growth or results in a fair dissolution. Whichever legal action you want to pursue, our Tempe business attorney will ensure you get the most favorable deal.

Corporation and Partnership Dispute Resolution

Corporation and partnership disputes are sometimes unavoidable, and partners have three main options to settle their disputes that avoid a lengthy court process with a judge or jury. These legal methods are:

  • Negotiation: The partners can develop a solution without a formal discussion with third parties. This option is not the best if the relationship is severely strained.
  • Mediation: The partners acquire a mediator who facilitates the discussion, but the partners determine the outcome.
  • Arbitration: This procedure involves an arbitrator appointed by the partners or the court. An arbitrator is usually an experienced attorney trusted by the courts, and the decision they make is legally binding.

At The Sorenson Law firm in Tempe, AZ, we have vast experience in arbitration and mediation proceedings. For example, our attorney Jonny J. Sorenson’s expertise earned him a place as a Pro Tem Settlement Conference Judge for Maricopa Superior Court.

Please book an appointment with us and receive an assessment of your case from our business litigation attorney.

Our Arizona Business Attorney Can Help

The Sorenson Law Firm understands that sometimes a business partnership can no longer be feasible or productive. We will guide you through the winding-up process and partnership divorce. In addition, our experienced Tempe business lawyer will help you develop a strategy to mitigate the long-term effects that the separation will have on your business goals.

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    Fawn Blue
    Fawn Blue
    2022-05-04
    Let me start off by saying that if your looking for someone who is kind thoughtful professional down to earth easy to communicate with & is very pro active in how they do business & is 100% invested in you & getting the best outcome for whatever your situation may be than I would recommend jonny & rowanna. This was my first time that I needed to find a lawyer who could assist me with my situation. What stood out to me was at the end of our zoom meeting I remember saying to both jonny & rowann that I'm not interested in moving forward because I was more at fault than the lady who hit me so in my mind I'm thinking we'll this guy probably isn't going to want to take my case because it seemed like it would be an uphill battle, & he responded by letting me know that he would like to take my case & see what he could do & bottom line is that you"ll either have more than what you have now or you"ll be in the same situation. So I thought about it for a minute & decided to trust them to see what happens. So from that day on all the way til the case was resolved I've had a great experience with them. Rowanna explained everything to me in a way that was not complicated & always asked me that if had any questions or if I didn't understand she would ask. They are easy to talk with & made me feel like I was important & trying to get the best outcome for me. When my case was complete I was so grateful & appreciated for what they were able to do for me. Johnny & Rowanna are the best & will always have & want the best for you I know because they did that for me. Thanks again CHRISTOPHER
    Audrey Sullivan (Audrey-AZRealtor)
    Audrey Sullivan (Audrey-AZRealtor)
    2022-04-02
    Experts who care about their clients & work seamlessly to help. There was immense relief having Sorenson Law Firm on our side. They were referred to us by a friend and I am thankful for that! I don't know what we would have done without their expertise.
    Jim Van Wicklin
    Jim Van Wicklin
    2022-03-17
    Johnny and his team are phenomenal. From the intake with his admin team to the final resolution, there wasn't a moment I didn't feel like we were his top client. I highly recommend Sorenson Law Firm for all your legal needs.
    Nicholas Thomas
    Nicholas Thomas
    2022-03-01
    I worked with The Sorenson Law firm for about 5 months resolving a personal injury claim that occurred during a car accident I was in and I couldn't have been more happy with results. The firm was always responsive, quick to answer any questions I had and I could tell they had my best interest in mind. I would recommend The Sorenson Law Firm to anyone that needs a personal injury lawyer, they're great!
    Amanda Larson
    Amanda Larson
    2021-12-23
    I cannot recommend the Sorenson Law Firm enough. After an accident, I was in a situation where I knew very little about my options. I reached out to my community for advice and Johnny’s wife was quick to put me in contact with him to get me some help. The insurance company we were dealing with was not the easiest, but Johnny and his team did a wonderful job at recovering my losses and fighting for me. Johnny and his team kept me well informed and educated throughout the process, which meant a lot as I was very naïve and knew very little going into this process. I feel fortunate to have crossed paths with this wonderful team, and if life ever throws another curve ball, I’ll be sure to use the Sorenson Law Firm again!!!
    Erick Fuentes
    Erick Fuentes
    2021-12-22
    Sorenson Law handled my case against a local vendor, Mr. Sorenson handled my case expeditiously and to my satisfaction, I would recommend Sorenson Law to anyone. Thank you Mr Sorenson
    Jessica Davis
    Jessica Davis
    2021-12-21
    Very compassionate with our very delicate situation. Understanding and professional at all times. Always kept our best interest at hand and communicated very well every step of the way.
    Alfanzo Atkins
    Alfanzo Atkins
    2021-12-02
    Had a good experience with Matt would recommend if you were hurt or injured very polite n responsive
    Anna C
    Anna C
    2021-11-30
    I got into a severe car accident and went to the Sorenson law firm, they weren’t just any law firm for me, I was very impressed by their actions as they put you and your matters first! They are one who takes pride and truly represents you and themselves. I thank them for helping me every step of the way in getting justice and all of their hard work!
    Mark Bay
    Mark Bay
    2021-11-24
    Sorenson Law Firm made a tough situation less burdensome for me and my family. Going through the lost of a loved one and having to instill trust in people you don't know is hard. But Johnny Sorenson and his associates were very caring, professional, informative and timely when it came to our case. I would recommend The Sorenson Law Firm to anyone that needs lawyers that actually care about their clients and not just a paycheck. I'm writing this as a thank you to their company and to the team that worked on our case. Thank you!