Partnership dissolutions

Winding up a business partnership may require legal intervention if the parties are unable to agree on the terms of the partnership agreement to dissolve the partnership.  

Partnerships can be dissolved at the end of a fixed term or when one party provides notice of their intention to dissolve the partnership. 

As part of the dissolution, assets may need to be sold, debts will need to be settled and any profits will need to be distributed to the partners. 

There may be circumstances where the partnership agreement does not disclose a process for winding up the partnership or the parties are unable to agree on the terms and sometimes an administrator may need to be appointed. 

If you need further clarification or an experienced law team to help you through the process, call Kelly Legal on 4911 0500. 

Business succession

Protecting your hard-earned wealth and equity for the next generation is no doubt an important value in your business.  

Our business services team can provide the best, up-to-date advice and strategies for business succession, as well as reviewing and preparing key documents such as partnership agreements, company structures, and risk management. 

We work with you and your team of accountants, financial advisors and banking institutions to ensure your objectives are met and your business capital is set up to be preserved well into the future.  Call 4911 0500 to begin a confidential discussion with our experienced team.

Shareholder disputes

Shareholder disputes can arise within a company if the directors and shareholders disagree on certain methods of operating the business.

Disputes can be caused by a breach of duty, the company’s direction, strategy and management practices, withholding of dividends, disparities between salaries and profit dividends, failure to provide important information and exclusion from meetings and management discussions to name a few. 

The team at Kelly Legal have a combined 60 years’ experience working on legal matters affecting businesses and our aim is to help facilitate the resolution of shareholder disputes through negotiation, mediation and other forms of dispute resolution based on your circumstance. 

Call 49511 0500 to speak to an experienced team member at Kelly Legal.