Cleveland Partnership Dispute Lawyer
Certain relationships –business partnerships, relationships between shareholders in closely held corporations, relationships between members of professional associations, the relationship between an investor and an investment advisor, and others – hold members to a fiduciary duty standard, meaning they owe a duty to act in good faith and with loyalty, toward the partner, shareholder, or client.
If you have suffered a serious loss as a result of a breach of trust in a fiduciary relationship, you may not be in a position to hire an attorney under traditional fee arrangements. At our Cleveland, Ohio, litigation firm, Seaman Garson LLC, it is our position that every client deserves sophisticated and aggressive representation.
Our attorneys' fees are contingent on your success
As part of our commitment to this high level of service, our Northeast Ohio business litigation lawyers typically handle a claim for breach of fiduciary duty on a contingency fee basis, charging no attorney fees unless our client recovers damages.* Please contact our offices to arrange a free consultation with a member of the firm.
Activities constituting breach of fiduciary duty
Not every partnership dispute constitutes a breach of fiduciary duty. Since every situation is unique, and every case must be addressed with a creative legal strategy, it is important to consult with an experienced attorney before making a decision on how to proceed. Lawyers at our Cleveland firm have successfully recovered damages on behalf of clients in a variety of claims for breach of fiduciary duty.**
Under Ohio law, majority owners are not entitled to favor themselves at the expense of other owners. When one owner enjoys benefits not shared by the others, it may constitute a breach of fiduciary duty. Our lawyers represent minority shareholders and partners in actions to protect their investments and enjoy all the benefits of ownership. Breach of fiduciary duty may also involve an officer or partner allowing breach of contract by a third party. At its most extreme, breach of fiduciary duty may involve a criminal act, such as theft or embezzlement on the part of a shareholder or partner. A claim of breach of fiduciary duty can also be brought against a stockbroker or investment advisor or other such parties managing property on behalf of a client.
Our Cleveland, Ohio, lawyers handle arbitration and litigation. We represent clients in Ohio state and federal courts in Lorain, Akron, Canton, Painesville, Columbus, Cincinnati, Toledo, Dayton, Youngstown, Parma, and communities throughout Ohio. Please call 216- 592-8741, toll free 866-409-6215, or e-mail our office with any questions or to arrange a free consultation.
Has your client suffered a serious loss as a result of breach of fiduciary duty? We may be able to help. We welcome referrals from attorneys and accountants.
*Typically our Cleveland law firm charges no attorneys' fees for business litigation services unless our clients benefit from those services through a successful settlement or verdict. However clients are responsible for expenses related to litigation.
**Results may vary.
