Partnership dispute resolved: a strategic negotiation leading to successful settlement and business clean-up

Client Overview

Our client approached us with a partnership dispute involving both their business and personal property. The client and their business partner had entered into a partnership where the opposite party was supposed to be an active participant. Additionally, the opposite party was allowed to stay at our client’s apartment in exchange for paying rent. However, over six months, the opposite party neither paid rent nor contributed meaningfully to the business.

Our client wanted to achieve two key outcomes:

1. Eviction of the opposite party from the apartment, along with the recovery of the unpaid rent.
2. Removal of the opposite party’s name from the company’s trade license as a partner.

Challenges

Rather than pursuing a protracted and expensive court case, our team opted for a strategic approach through negotiation and settlement. We engaged in multiple rounds of discussions with the opposite party to secure a resolution that would benefit our client without the need for litigation.

Solution

We successfully negotiated the eviction of the opposite party from the apartment, ensuring our client regained possession of the property. In lieu of the significant rental arrears accumulated, we leveraged the situation to keep the furniture and fixtures purchased by the opposite party in the apartment as compensation for the unpaid rent.

We successfully negotiated the removal of the opposite party’s name from the company’s trade license without any consideration, effectively terminating their involvement as a partner. This cleared our client’s records and streamlined business operations.

Through our expert negotiation skills and in-depth understanding of the issues, we were able to resolve our client’s partnership dispute without resorting to court action. This approach saved valuable time, minimized costs, and alleviated emotional stress, providing a swift and effective solution to the dispute.