Business Partnership Dispute Law Firm in Omaha
Whether you need to manage a complex owner exit, resolve a business partnership dispute, or dissolve an LLC or other business type, The Orr Law Group is here to expertly guide you. Our business divorce lawyers protect your interests while avoiding the common mistakes that can drain time and resources.
When to Hire a Partnership Dispute Lawyer
Any major business transition—ownership changes, restructuring, or a partner conflict—is a big deal that needs to be handled right. The partnership dispute attorneys at The Orr Law Group expertly guide you through even the most complex legal situations.
Business Partnership Buyouts & Exits
Ownership changes happen for all kinds of reasons. Maybe you’re retiring, someone wants to cash out, there’s a sudden death, the working relationship has gone south, or you’re business succession planning.
No matter the reason, we’ll broker your partnership buyout agreement to ensure fair valuation.
Business Separations & Restructuring
Sometimes you need to change your partnership without ending it—splitting into separate businesses, adjusting ownership stakes, converting your partnership type for better liability protection, or bringing in new partners while others step back.
Our business restructuring lawyers structure these changes to minimize taxes, keep your company running smoothly, and make sure everything’s documented correctly.
Business Dissolutions
Need to completely wind down your partnership? It’s more complicated than closing up shop. To dissolve an LLC or other business structure, you’ll need to settle debts, distribute remaining assets, notify creditors, file state paperwork, handle final taxes, and more.
The Orr Law Group makes sure you meet legal requirements and follow your partnership dissolution agreement so you don’t end up personally liable for business debts.
Business Partnership Disputes
Fighting over money, business direction, mismanagement, breaches of your partnership agreement, buyout terms, or other decision-making deadlocks without shootout clauses or tie-breakers? That’s where we come in.
Our business dissolution attorneys in Nebraska and Iowa resolve conflict through negotiation, or if that doesn’t work, we’ll fight for a fair outcome in court.
Our Unique Approach to Business Divorce
The Orr Law Group prioritizes practical solutions to navigate the complexities of partnership dissolutions and changes. Our mission is to untangle business interests, making a high-stakes transition streamlined for everyone involved.
What Is Collaborative Business Divorce?
Collaborative business divorce is a structured legal process in which all parties work with a single legal team to divide assets, restructure ownership, or wind down operations. Instead of “winning” at the other’s expense, the goal is to reach a fair, legally sound agreement that honors everyone’s contributions.
How It Works
All parties sign a formal conflict waiver, affirming their commitment to working with a single legal team toward a shared, amicable goal. This collaborative framework relies on full cooperation, with participants pledging to share information transparently and to pursue a fair resolution entirely outside the courtroom.
Why It Works
- Lower Costs: Eliminate the expense of dual representation and litigation.
- Faster Results: Avoid court delays with a streamlined mediation process designed for efficiency.
- Preserved Integrity: Minimize conflict to protect your professional reputation and industry relationships.
If collaboration fails and litigation becomes necessary, The Orr Law Group cannot represent either party in court.
When Business Litigation Is the Right Path
A collaborative approach requires two willing participants. Litigation becomes the necessary—and often best—option in scenarios when there’s:
- Breach of Fiduciary Duty or Fraud: If a partner has misappropriated funds, hidden assets, or acted against the company’s best interests, formal legal action is essential to seek restitution.
- Bad Faith: When one party refuses to negotiate in good faith or uses the dissolution process as a weapon, we step in to enforce accountability through the court system.
- High-Stakes Deadlocks: In cases where parties cannot agree on the valuation or division of a business, court intervention provides a definitive, enforceable resolution.
- Emergency Interventions: When immediate action—such as an injunction or a temporary restraining order—is needed to prevent the further depletion of company assets.
Business Structures We Help
Partnerships
Limited liability companies
(LLCs)
Corporations
(c corps)
S corporations
Nonprofit organizations
Why Choose The Orr Law Group For Business Mediation in Omaha?
Choosing the right legal partner for a business dissolution or buyout is a high-stakes decision. At The Orr Law Group, we offer a combination of compassionate mediation and rigorous litigation, ensuring that no matter how your case evolves, you are never without expert guidance.
Unparalleled Experience in Business Transitions
We are specialists in the life cycles of businesses. From high-growth M&A deals to complex partnership breakups, our team has successfully navigated every type of corporate transition. This deep industry knowledge allows us to anticipate obstacles before they arise, saving you time and protecting your bottom line.
Formally Trained in Collaborative Processes
Our attorneys are trained in collaborative law and mediation, allowing us to facilitate difficult conversations and find middle ground necessary for an efficient, cost-effective exit.
Our Business Split Lawyers
Connor Orr
Connor Orr founded The Orr Law Group in 2024, backed by seven years of legal experience across Nebraska and Iowa. Since 2017, he has built a reputation for delivering strong representation to business owners. Whether navigating a collaborative dissolution or a high-stakes transaction, Connor is a tireless advocate committed to protecting his clients’ rights and securing their future interests.
Paul D. Heimann
Paul is a qualified business attorney with experience advising business owners and operators on legal matters. His approach has helped clients navigate complex transactions, including asset purchase agreements, strategic partnership agreements, business workouts, and business litigation involving close corporations and partnerships.
Schedule a Consultation
Navigating a complex partnership split? Ensure your interests are protected by an expert business attorney. Contact The Orr Law Group today to discuss your exit strategy.
Frequently Asked Questions About Business Splits
What is collaborative business dissolution?
Collaborative business dissolution (also know as collaborative business divorce or cooperative business split) is the process of amicably dissolving a business, with each party having the same legal team represent both their interests.
Can one lawyer represent both partners in a cooperative business dissolution?
Yes, but under specific conditions. In a cooperative business dissolution or divorce, both parties sign a Conflict Waiver. This document acknowledges that the lawyer is not representing one person against another, but rather facilitating a fair resolution for the business entity as a whole. This is only possible when both parties are willing to work together in good faith.
How long does business dissolution take?
The timeline varies depending on the complexity of your assets, but the collaborative process is significantly faster than litigation, often resolved in three to six months.
What if partners can't agree and need to go to court?
If both parties are struggling to come to an agreement, business litigation may be necessary. This can take anywhere from one to three years, depending on court availability and the level of conflict.
How much does it cost to go to court for a business partnership dissolution?
While every case is unique, cooperative dissolution is almost always the more cost-effective option, because you avoid court hearings, formal discovery (the legal process of exchanging evidence), and trial preparation.
How do you dissolve an LLC?
Dissolving an LLC is the process of legally closing your business and wrapping up obligations. While requirements vary by state, most dissolutions follow a similar set of steps.
- Review the business agreement to confirm any required votes, approvals, or dissolution procedures.
- Hold a vote to dissolve the LLC, following the rules in the dissolution agreement and applicable state law.
- File articles of dissolution with the state where the LLC was formed.
- Settle debts and obligations, including paying creditors, closing contracts, and resolving lawsuits.
- Notify tax authorities and close accounts, such as EIN-related filings, state tax accounts, and business licenses.
- Distribute remaining assets to members in accordance with business agreements and state law.
Whether you are closing your LLC due to inactivity, a strategic pivot, or a disagreement among owners, proper dissolution helps prevent ongoing fees, taxes, and legal exposure. Contact The Orr Law Group for help dissolving an LLC or other business structure in Nebraska or Iowa.