Missouri Partnership Agreement

Although it doesn't seem possible when starting a business with your partner there will be any issues, its quite possible that at some point the partnership with sour or turn into a toxic situation. Just like corporations and limited liability companies, partner also have fiduciary duties of care and loyalty. Disputes can arise from a breach of those fiduciary duties.

 

The duty of care requires the partners to acts in a reasonably prudent manner when making business decisions, adequately conduct due diligence and act in good faith.

 

The duty of loyalty requires the partners to put the business first; above their own self interests. The duty requires those partners to disclose and avoid and possible conflicts of interest and preclude those directors or members from any self-dealings.

 

Partnership disputes can result in very tenuous and difficult litigation process. Hiring an experienced attorney who can quickly and effectively investigate and defend the claims against you will help assure you obtain a favorable result.

Contact Howard Haake at (314) 325-9868 or (636) 332-5555 if you’re involved in a partnership dispute.

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Howard Haake is a St. Louis law firm based in Clayton, Missouri focused on business law, criminal defense, family law and estate planning. We handle all business matters from incorporation to acquisition as well as criminal defense charges from arrest to trial. Howard Haake helps clients in St. Louis, St. Charles, St. Peters, O'Fallon, Brentwood, Columbia, Eureka, Richmond Heights, Clayton, Jennings, Kirkwood, Maplewood, Manchester, Northwoods, Olivette, University City, Creve Coeur, Maryland Heights, Bridgeton, Florissant, Ladue, Webster Groves, Hazelwood, Hillsboro, Washington, Union, Hermann, Pacific, and throughout St. Louis County, St. Charles County, Jefferson County, Franklin County, Warren County, Gasconade County, Boone County, Crawford County, Montgomery County, and Marion County.

​​DISCLAIMER: The information on this website is for general and informational purposes only and should not be interpreted to indicate a certain result will occur in your specific legal situation. Information on this website is not legal advice and does not create an attorney-client relationship. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

Evan M. Howard, Howard Law,  Avvo Profile

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