Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

Brand
A Professional Corporation of Attorneys at Law

Tips to avoid partnership disputes that impact your business

Forming an Indiana partnership is often an ideal way to strengthen a business. Unfortunately, if one or more partners breach a contract, misuse funds, or fail in their fiduciary duties, it may jeopardize the company.

According to the Indiana Secretary of State, a general partnership occurs when two or more individuals become founders or partners in a for-profit business. You can take steps before problems begin that minimize the fallout if partnership disputes arise.

Sign a formal agreement

Depending on the type of business, you and your partner may sign a partnership or operating agreement. It should define each partner’s role, obligations and duties, and who has what level of control. This is also the place to spell out the business procedures for making decisions and what happens when there is conflict. Specifying ownership percentages, a process for removing a co-founder or partner and how they can withdraw can make significant management changes easier and reduce the turmoil the business may experience.

Discuss the dispute

Partners should talk about issues as they occur, rather than ignore them or hope they work themselves out. This can prevent a minor problem from becoming a dispute that requires litigation. Set aside time that allows you to focus on the issue at hand, such as an hour on the weekend or after work. Take it off-site to a location where you can relax and perhaps share a meal. This can often remove some of the tension and make it easier to problem-solve.

Business disagreements can become legal disputes when left unchecked. In some cases, you may agree that a separation serves you both best. Depending on the situation, mediation or negotiation skills may help terminate the partnership minimizing the impact on the organization.