Roquemore Skierski PLLC

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Frisco Partnership Dispute Lawyer

Roquemore Skierski represents Frisco business owners and partners in high-stakes partnership disputes. Our attorneys combine practical business insight with proven courtroom experience to resolve conflicts that threaten your company’s stability, value, and future.

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Frisco Partnership Dispute Lawyer

Partnership conflicts can reach a breaking point fast. Disagreements over profit distributions, business direction, control, or financial conduct often escalate into disputes that threaten the health of the entire operation. When these issues arise, they can disrupt day-to-day workflow, strain professional relationships, and jeopardize the long-term stability of the business.

 

Roquemore Skierski’s Frisco partnership dispute lawyers represent business owners, founders, and professionals across Collin County and North Texas. Our clients are hands-on operators who want practical, legally sound solutions to protect their investment and secure the future of their companies.

 

Whether the situation calls for private negotiation, structured mediation, or courtroom litigation, we take a systematic approach to identifying the problem, preserving company stability, and securing our clients’ rights.

How Roquemore Skierski Resolves Partnership Disputes

At Roquemore Skierski PLLC, we advise Frisco business owners, partners, and LLC members facing disputes that put their companies at risk. Our team combines litigation experience with business-focused judgment to develop practical, results-oriented strategies.

 

We begin by reviewing the governing documents, tracing financial activity, and identifying the issues driving the conflict. After understanding the full scope, we recommend the most effective resolution—whether negotiation, mediation, or litigation.

 

We assist clients with disputes involving:

 

  • Breach of partnership or operating agreements
  • Exclusion from financial or operational accounts
  • Breach of fiduciary duty and self-interested conduct
  • Misappropriation or diversion of business assets
  • Company deadlock and dissolution actions
  • Valuation disagreements and buyout disputes

 

Our objective is to secure your rights, protect the value of the business, and provide a clear plan forward—whether the business continues or winds down in an orderly, legally compliant manner.

How Partnership Disputes Disrupt Frisco Businesses

Frisco’s business community moves quickly, especially given its concentration of growing companies, professional firms, and multi-location businesses. Internal disputes can slow financial decisions, delay vendor contracts, and create uncertainty among lenders and staff. These ripple effects often harm the business long before any lawsuit is filed.

 

Texas law allows partners to act early when the business is at risk. A partner can request an accounting, seek a temporary injunction, or apply for a receiver to safeguard the company’s assets. Working with an experienced Frisco partnership dispute lawyer ensures these remedies are applied effectively and in the right sequence.

Does Texas Require a Written Partnership Agreement?

Texas does not require a written agreement for a partnership to legally exist. Without one, however, your business will default to the Texas Business Organizations Code, which may divide profits, losses, and voting rights equally regardless of how much each partner contributed.

 

This can lead to unexpected and often unfair outcomes. A Frisco partnership dispute attorney can determine whether a partnership exists, explain how statutory rules apply, and identify which provisions may influence your rights as the dispute unfolds.

Can You Force a Buyout of a Business Partner In Frisco?

A partner buyout is only mandatory under limited circumstances. If your partnership or operating agreement includes a buy-sell clause, it will typically control the timing, price, and procedure of a buyout. Without one, any buyout must be negotiated voluntarily or ordered through the courts as part of a receivership or judicial dissolution.

 

These disputes often involve complex valuations and financial considerations. Our attorneys guide clients through negotiated exits, and when necessary, we pursue court-ordered relief to protect our clients’ ownership and financial interests. A skilled Frisco partnership dispute lawyer can help you understand your options and choose the most effective path forward.

Texas Laws That Shape the Outcome of Partnership Disputes in Frisco

Texas statutes provide both deadlines and leverage in partnership disputes. Claims involving breach of contract or breach of fiduciary duty typically carry a four-year limitations period (Tex. Civ. Prac. & Rem. Code § 16.004). Claims for fraud or conversion must be filed within two years (§ 16.003).

 

If the partnership lacks a written agreement, Tex. Bus. Orgs. Code § 152.202 assigns equal control and profit shares to each partner. Courts use these default rules in appointing receivers, ordering record production, or determining temporary authority within the business. Understanding these provisions allows us to use statutory leverage effectively during negotiation and litigation.

What to do When a Partner Cuts Off Access to Accounts or Information

A partner who blocks access to financial records, bank accounts, or management tools may be engaging in conduct that breaches fiduciary duties owed to the partnership. Texas law requires partners to act with fairness, transparency, and loyalty. Lockouts, hidden transactions, and secret withdrawals can justify rapid legal intervention.

 

Our Frisco partnership dispute lawyers take immediate action to regain access, secure company records, and seek emergency court relief if needed. Swift steps at the outset often determine whether the company remains stable during the dispute.

Our Frisco Partnership Dispute lawyers can resolve a wide range of disputes:

A breach of a partnership agreement occurs when one partner fails to uphold the terms of the deal, whether related to duties, capital contributions, or management roles. These violations can threaten the health and future of the business.

A breach of an operating agreement can lead to serious conflicts between members of an LLC, often involving disputes over voting rights, profit distributions, or management decisions. These issues can disrupt day-to-day operations and damage long-term business relationships.

Financial fraud between partners—such as hidden income, theft, misappropriated funds, or falsified records—can cause lasting damage to both trust and the business itself. These situations often require a thorough investigation and swift legal action.

A breach of fiduciary duty occurs when a partner acts in their own interest at the expense of the business or other partners, violating the trust that underpins the relationship. This can include self-dealing, misusing company funds, or withholding critical information.

Frequently asked questions

FAQ's

In Texas, you generally have four years to sue for breach of a partnership agreement or breach of fiduciary duty under Tex. Civ. Prac. & Rem. Code § 16.004. Claims for conversion or fraud are tighter, with limitations ranging from two to four years depending on the facts and when the wrongdoing was discovered.

Court filings are public, but early mediation or confidential arbitration can minimize exposure. Injunctions may also protect trade secrets during the dispute.

You should never wait to hire an attorney. The best time to hire an attorney is as soon as mistrust arises, and especially before records disappear, money moves, or deadlines lapse. Early legal strategy preserves leverage and may prevent a costly dissolution.

Attorney Kelvin Roquemore

Kelvin Roquemore

Partnership Dispute Lawyer

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Speak to a Frisco partnership dispute lawyer

Our attorneys represent Frisco business owners and partners facing disputes that threaten their companies and financial futures. If you are dealing with a breakdown in trust, a buyout dispute, financial misconduct, or exclusion from company accounts, Roquemore Skierski PLLC is prepared to help.

 

Call 972-325-6591 or contact us online to schedule a confidential consultation with an experienced Frisco partnership dispute lawyer.

While our business litigation attorneys are based in downtown Dallas, we proudly serve business owners across in Frisco and beyond, including Celina, Little Elm, Prosper, and The Colony. Whether your company is facing a contract dispute, partnership conflict, or other commercial challenge, we deliver strategic counsel and strong representation across North Texas.