I've been trying to resolve this on my own but I'm stuck.
partnership dissolution deadlocked. I've been dealing with this for about 6 weeks now and the situation isn't improving.
The contract was signed 15 months ago. I have a copy of the original agreement. The total amount in dispute is approximately $49,000.
Do I have a strong case? What should my next steps be?
I've dealt with this before.
I ended up filing with the appropriate government agency, which cost about $4-8 but saved me a lot more in the long run.
Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long haha.
Not a lawyer, but I have direct experience with this.
In my case, it took about 2-4 months to resolve. The key was hiring an attorney to send the initial letter.
I work in this industry and unfortunately this is very common. The good news is that when people actually push back with legal representation, companies usually settle.
The choice-of-law clause matters more than people think. If the contract says "governed by Texas law" but you're in New York, you might have to litigate in Texas or under Texas rules. Negotiate this before signing.