When there are disputes among shareholders and partners, the financial impact can be devastating. The dispute can even lead to claims of misappropriation, fiduciary breaches, fraud and other misconduct. Many times, the future of the entire business is at stake.
One of the critical errors that businesses often make when trying to resolve disputes is being hesitant to bring in professional counsel in a timely manner. Sometimes the inclusion of an attorney is viewed as an escalation of the dispute, and so one or more parties will delay in seeking professional help to. However, bringing in legal counsel from the very outset of a dispute can bring new alternatives to the table that can diffuse a dispute before it escalates and causes serious damage on the enterprise.
In resolving shareholder disputes, we take advantage of legal expertise from across our firm to deliver creative and cost-effective solutions.
In our decades of experience, we have successfully handled business disputes involving:
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About the Author
James F. Woods is Founder and Managing Partner of Woods Lonergan. He has tried more than 60 jury cases to verdict as first-chair trial counsel, beginning his career as a prosecutor, and resolves complex commercial and real estate disputes valued at $1M to $100M+ for business owners, principals, and middle-market enterprises across the New York metro area. He appears regularly in the New York Commercial Division and in the federal district courts for the Southern and Eastern Districts of New York, and has argued appeals in the Appellate Division and the Second Circuit.
His practice covers complex commercial litigation, real estate and asset litigation, partnership and shareholder disputes, fiduciary breach and corporate fraud, and cooperative and condominium governance. He counsels corporate and cooperative boards throughout New York.
The Legal 500 United States ranks James in its New York Elite rankings for Commercial Disputes, and his peers have recognized him with Martindale-Hubbell's AV Preeminent rating. Woods Lonergan is ranked in Chambers USA: Spotlight New York for Litigation: General Commercial and Real Estate. James serves on the Commercial & Business Litigation Committee and the Business Torts & Unfair Competition Committee of the American Bar Association Section of Litigation, and on the Cooperative & Condominium Law Committee of the New York City Bar Association. His commentary on New York commercial and real estate disputes has been quoted in The New York Times, The Washington Post, Bloomberg Law, Law360, and Forbes.
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