business partnership law in Colorado

  • Do you have a sound legal business partnership agreement in place to protect you legally or to protect you from personal liability?

If you don’t have a valid business partnership contract in place, the courts will just follow the statute and You may not like the result.

  • Quick turnaround for small business partnership legal advice
  • Review of current agreements to assess potential liability
  • Reliable legal advice for business partnerships and dispute resolution
  • We handle all contracts for small business partnerships
  • Individual partner’s rights vs corporation rights
  • Careful legal analysis and competitive rates.

The legal system can be intimidating. Many Colorado business owners understand the basic legal principles of forming a business partnership but fall short of preserving the company’s legal rights and further protecting individuals from personal liability.

Common Business Partnership Disputes

Business partnership disputes are unfortunately common, and they can arise for a variety of reasons. Here are some of the most common business partnership disputes:

1. Disagreements Over Decision-Making

One of the most common partnership disputes is disagreements over decision-making. Partners may have different ideas or opinions on how to run the business, which can lead to conflict and disagreement.

2. Financial Disputes

Financial disputes can arise when partners disagree over how profits should be shared or how money should be spent. This can include disputes over salaries, distributions, investments, and more.

3. Breach of Contract

A breach of contract occurs when one or more partners fail to meet the terms of the partnership agreement. This can include failing to fulfill responsibilities, violating non-compete clauses, or engaging in activities that are in conflict with the partnership.

4. Disagreements Over Business Direction

Partners may have different ideas about the direction of the business, which can lead to disagreements and conflicts. This can include disputes over business strategy, product development, marketing, and more.

5. Personality Conflicts

Personality conflicts can also contribute to partnership disputes. Partners may have different working styles or personalities, which can lead to tension and conflict.

6. Disputes Over Exit Strategies

Disputes over exit strategies can occur when one or more partners decide to leave the partnership. This can include disagreements over how to divide assets, how to sell the business, and how to dissolve the partnership.

In conclusion, business partnership disputes are unfortunately common, and they can arise for a variety of reasons. By addressing these issues proactively and working with business partnership dispute lawyers, partners can minimize the risk of disputes and build a successful and sustainable partnership.

Colorado Business Partnership Lawyers & Legal Services

Being a business partner, there are a variety of legal issues that can arise in any type of contracts for small business partnerships. As business partnership lawyers and legal counsel to the various limited and general relationships, our business partnership dispute lawyers provide legal advice to our clients to resolve a variety of legal issues when starting a business including.

  • Developing Colorado partnership agreements,
  • Help with personal liability disputes,
  • Silent small company agreements
  • Legal advice for business partnerships in Colorado
  • Business formation and dissolution,
  • Corporate and general business law
  • Compensation and your interest in the partnership
  • Limited liability agreement
  • Dissolution agreements
  • Limited liability companies,
  • Business contract law services,
  • Legal advice about contracts for small business partnerships,
  • Domestic partnership disputes;
  • Providing legal advice about each partner’s obligation to the company and each other.
  • Litigation and defense representation in company disputes.

If you are starting a  company in Colorado and need looking to find business partnership attorneys for immediate legal advice with your legal contract, call our business partnership dispute attorneys at 720-941-7200 for FREE Initial Consultation.

Lawyers for Partnership Agreements – Business Partnership Lawyers – Experience Matters

The process of protecting the rights of the partnership entity and the business partners begins with knowing how the legal system works under Colorado partnership law and using it to your advantage.  At Watson & Associates, LLC, our small business partnership lawyers have been providing legal advice to corporate executives since 2003. We have also resolved many small business contract disputes short of litigation.

  • We treat all of your concerns as though it were going before a judge or jury.
  • The simplest mistake in a  partnership agreement can cause you to spend substantial amounts of money.
  • Get prompt turnaround  for transactional matters and contracts for partners
  • Make sure that your assets are protected from creditors or third parties when the law allows it

Develop an agreement that covers the risk and liabilities that really can happen. If your agreement does not address your concerns, Colorado courts may use Colorado statutes to give you a result that you may not like.

  • Without a viable contract, Colorado courts then resolve partner disputes under the Colorado  Statute (you may not like the result.)
  • Get an agreement that covers your legal concerns
  • Buy-outs is a situation that many small business partnership agreements do not cover

Learn How to Avoid Personal Liability 

Depending on the legal structure of the company, whether it be a general partnership, LP or LLC, there are always gaps where an opposing party may seek to “pierce the corporate veil. This allows creditors and other third parties to reach your personal assets. A large number of corporate partners expose themselves to personal liability due to a lack of understanding of Colorado laws and legal requirements.

  •  Make sure you have at least a limited agreement in place.

Limited Liability Companies (LLC Lawyers)

Individuals tend to start a limited liability company in Colorado since it is one of the easier corporate entities to form. However, like any other limited partnership, it has its advantages and advantages. Having the right LLC operating agreement or another contract in place for your day-to-day operations is the first line of inquiry. In addition, some limited liability companies do not have a viable operating agreement in place. This can lead to sure disaster or dissolution of partnership operations.

Drafting and Reviewing Legal Business Partnership Agreements

Having an effective written Partnership Agreement is one of the most valuable investments that you can make when it comes to your business relationships. An agreement between the partners that sets forth the legal obligations and duties of each other and to the company entity. At Watson & Associates, LLC, our law firm develops the details in a way that owners understand how to handle situations and problems as they arise. This includes dissolution.


If you are looking to find experienced small business lawyers for partnership agreements in the Denver metro for immediate help with your partnership matters, corporate disputes, our corporate contract attorneys serve communities in Denver, Boulder, Aurora, Pueblo, Lakewood, Fort Collins, Englewood, Littleton, Arvada, Brighton, Longmont, Littleton, Centennial, Parker, Castle Rock, Larkspur, Colorado Springs, Greeley, Northglenn, Golden, Breckenridge, and Aspen, Jefferson County, Adams County, Arapahoe County, Boulder County and Douglas County.

Additional Colorado Partnership Law Information

Call Watson’s Denver Colorado Business Partnership Attorneys

If you are looking to find a law firm in Colorado to avoid litigation costs about compensation, dissolution ownership structure, and LLP law or other adversities to your company, contact the Denver business partnership attorneys at Watson & Associates, LLC to draft your agreement or litigate your corporate and business partner disputes.  Call 1-866-601-5518 for a FREE initial consultation.