Partnership and Shareholder Disputes: How to Avoid & How to Resolve

[@shiftmr2t]

Excellent video and advice.

[@user-jo7en1ye7i]

🎯 Key Takeaways for quick navigation: 00:00 📜 *Introduction to Dispute Resolution in Partnerships* - Importance of dispute resolution in partnership agreements. - Overview of typical elements in commercial business contracts related to dispute resolution. - Emphasis on the need for proactive mechanisms in partnership agreements. 02:24 🤝 *Proactive Communication Strategies in Partnerships* - Advocacy for regular, intentional communication between partners. - The significance of scheduled meetings, preferably outside the office, to discuss partnership dynamics. - Building mechanisms for partners to share information and ensure everyone is on the same page. 05:12 📝 *Formal Resolution Meeting in Partnership Agreements* - Introduction of a formal resolution meeting as a preliminary step before traditional dispute resolution. - Sending a formal notice of dispute to escalate the seriousness of the issue. - The purpose and structure of a formal resolution meeting to address disputes directly between parties. 06:38 ⚖️ *Neutral Arbiter as an Alternative Dispute Resolution Mechanism* - Exploring the concept of a neutral arbiter in smaller businesses. - Selection and role of a trusted neutral third party to facilitate dispute resolution. - Keeping the process simple, inexpensive, and effective for resolving disputes. 07:58 🤝 *Mediation in Dispute Resolution* - Description of mediation as a formal process involving a trained, certified third-party mediator. - Sharing costs between parties during mediation. - Emphasis on the non-binding nature of mediation and the mediator's role in facilitating resolution. 09:19 ⚖️ *Arbitration and Litigation as Last Resorts* - Distinction between arbitration and litigation as lengthier processes. - Discussion on the expenses associated with arbitration, with a cautionary example. - Recognizing the importance of alternative dispute resolution mechanisms over arbitration and litigation. 10:42 🌐 *Governing Law in Dispute Resolution* - Addressing the role of governing law in resolving disputes. - Common practices in determining the governing law in partnership or founder agreements. - A reminder of the significance of judiciously addressing and resolving disputes in partnerships. 11:09 📬 *Closing and Audience Engagement* - Inviting audience questions and comments on dispute resolution experiences. - Encouraging viewers to contribute to the ongoing series by suggesting topics. - Appreciation for the audience's engagement and participation. Made with HARPA AI

[@cathyadams1187]

Great series Brett! Thank you!

[@BrettCenkus]

Thank you, Cathy!

[@jaykhynanmanto5665]

if a person having a shareholder dispute in court, will he allowed to travel outside the country?