Recovered
$4M
Cash and real property recovered from a partner for embezzlement and breach of fiduciary duty in a construction and ranching company.
2010
Home · Practice areas · Partner & owner disputes
When your business partner becomes the other side.
Partners, LLC members and shareholders who can no longer run a business together: money diverted, books withheld, an owner frozen out, or a family company that has to be divided. We have recovered millions for partners and resolved business divorces on the eve of trial.
What we handle
- Breach of fiduciary duty, self-dealing and embezzlement by a partner
- Books-and-records demands and forensic accounting
- Freeze-outs and disputes under an LLC company agreement
- Buyouts, valuation and dissolution
- Family limited partnerships, including disputes alongside an estate
- Disputes between former spouses over a business
How we approach it
These cases turn on the money trail and on the governing documents — the partnership or company agreement, the bank records, the tax returns. We build the accounting first, because it decides whether the case should be tried or settled and on what terms.
In Rowland v. Signor we recovered $4 million in cash and real property from a partner who had embezzled from a construction and ranching company. In Pruett v. Pruett, $4.3 million in a dispute over a family business.
Related results
Recovered
$4.3M
In a dispute between former spouses over a family business.
2015
Business divorce
Settled
Family limited partnership and contested estate resolved together on the eve of a jury setting, every claim dismissed.
2022–23
Past results depend on the facts of each case and do not predict a similar outcome. Confidential matters are described without their terms.
Questions people ask
My partner is taking money out of the business. What do I do first?
Preserve the records you can lawfully reach, do not move money yourself, and get the governing documents in front of a lawyer. The agreement usually decides what you can demand and how fast.
Can I see the company’s books if I am a minority owner?
Texas law gives partners and LLC members rights to inspect books and records, and a company agreement can expand them. When records are withheld, a court can order them produced.
Does this have to end in a lawsuit?
Not always. Many business divorces end in a negotiated buyout. A credible, well-prepared case is usually what gets one.