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Experienced Attorney Representation For Texas Shareholder Disputes

Among the legal risks Texas businesses may face, shareholder disputes often cause the most damage. They not only lead to financial loss, but they can also harm business relationships and company reputations.

Barrett Daffin Frappier Turner & Engel, LLP, is a premier business litigation firm with a strong presence in Addison and Houston. Their experienced business lawyers understand the complexities of shareholder disputes. Collectively, the firm is committed to providing quality representation that helps shield your business interests.

Types Of Shareholder Disputes

Conflict among shareholders can arise in various forms. Here are some examples of common disputes:

● Breaches of fiduciary duty
● Financial management and misuse of company funds
● Disagreements over company direction or strategy
● Minority shareholder oppression
● Conflicts related to the sale or transfer of shares

These disputes can cause substantial harm to a business, including financial losses, disruption of operations and a negative impact on employee morale. If left unresolved, they can even lead to the dissolution of the company.

The Legal Obligations Of Directors And Officers

Holding shares in a company grants significant control over its operations. However, it also imposes duties on corporate officers or directors to act in the company’s best interests. These include:

● Obedience: Officers must act within their powers as defined by shareholders
● Loyalty: Directors must act in good faith, prioritizing company interests over personal gain
● Due care: Directors must take reasonable steps to maintain and enhance company value

Misunderstandings or disagreements about these obligations often leads to formal shareholder disputes or litigation and may also impact your business’s success.

Resolution Strategies For Texas Shareholder Disputes

An experienced business litigation attorney from Barrett Daffin Frappier Turner & Engel, LLP, can help protect businesses and shareholder interests by providing strategic guidance and representation. The firm’s extensive range of services to address disputes include:

● Negotiation to reach amicable resolutions
● Drafting and reviewing shareholder agreements to prevent disputes
● Advising on corporate governance practices
● Representation in all legal proceedings

The lawyers at Barrett Daffin Frappier Turner & Engel, LLP, maintain a trial-ready status during each case and can represent you effectively in court if the dispute leads to litigation.

Legal Help Texas Companies Trust

Barrett Daffin Frappier Turner & Engel, LLP, is ready to assist with your shareholder dispute and help to ensure your business continues thriving. Call us today at 972-688-6895 or reach out online to arrange a consultation. We have conveniently located offices in Addison and Houston, Texas.