Before you enter into a business relationship with someone, no matter how much you may trust them, it is essential that you have hired an attorney to draft up documents that protect your interests. Online out-of-state forms are not a one-size-fits-all solution. Every state has its own set of procedures, case law authority, and codes that will really make a difference in the legitimacy of the enterprise. Improperly drafted documents can leave the owners subject to personal liability for employee or partner negligence or allow partners to usurp or compete with the business.
If you are just entering into a new business, contact the Longmont business law attorneys at Jorgensen, Brownell & Pepin, P.C. to ensure that your bylaws or operating agreements spell out exactly how you want your business to run. Clearly drafted documents can also establish a procedure for handling internal disputes when they inevitably arise or when third party claims are filed.
Once your new business is off the ground and running, things can be smooth sailing for a number of years before defects in the original documents come forward and allow disastrous consequences.
While it is always best to have clear legal documents setting forth the procedure for how to deal with such issues, if you find yourself in the midst of a situation like this, call our office today at (720) 809-8310 to discuss legal strategies for resolving the dispute. We will take all possible steps to ensure that your interests are protected and bring the disputes to a satisfactory resolution.