Attorneys to Resolve Disputes Between Shareholders, Officers, and Directors.

Are you a minority shareholder being oppressed by the practices of the majority? Are you a member of a Limited Liability Company (LLC) and the other members are breaching the Operating Agreement? Are you a shareholder in a corporation and you have received no dividends for years with no explanation? Then, you may need to see a litigation attorney.

Does your operating agreement contain a mandatory arbitration provision? Are there provisions for how or when shares of the company can be transferred? What are your rights as a minority shareholder? Knowledge is power, and you should know your rights under the applicable laws and agreements.

Business entities, whether LLC’s, limited partnerships, corporations, etc., are governed by rules and regulations found within both Virginia’s statutes as well as agreements reached between the owners. If you have been shut out of the business’s operations, decisions, etc., or if the officers or directors of the company have been spending money inappropriately, then you may need to consult with a litigation attorney.

Before coming to see a litigation attorney, you should have the following:

• A copy of the Shareholder Agreement (if a corporation), Operating Agreement (if an LLC) or Partnership Agreement (whether a limited or general partnership);
• A list of your issues and/or concerns;
• Your ultimate goals

While litigation should be a last step resort, particularly in business disputes, the Attorneys at HALE BALL MURPHY, PLC have the experience and knowledge to help provide you with options. You may be restricted as to who you can sue and how, which is why the guidance of an experienced attorney is essential in understanding and knowing your rights. For instance, if an officer or director of a corporation is spending money inappropriately, you will not be able to sue that person directly; rather, you would need to file a derivative action on behalf of the entity to recoup whatever was inappropriately spent.

The Attorneys at HALE BALL MURPHY, PLC have brought and defended such actions, and they will be more than happy to assist you in this regard. If litigation is not what you’re seeking as the outset, then you might want to consider speaking to the Attorneys in our Business Law section.

Schedule a Consultation with an Experienced Attorney

The Attorneys at HALE BALL MURPHY, PLC will be beside you through all the aspects of the litigation process including pre-trial motions, the discovery process, trial, post-trial motions, and even appeals. The Attorneys at HALE BALL MURPHY, PLC are committing to being your advocate so that you will not have to go through any of the litigation processes alone.