Dissolutions of partnerships in real estate might be all business, but sometimes they get personal

In most cases, partners go into real estate to support each other and maximize business potential while sharing investment costs and day-to-day operations. Unfortunately, the dreams of ‘synergy’ and a ’balanced work-load’ sometimes turn into a nightmare of animosity and you doing all the work. Other times, key stakeholders may need to pull out of the agreement for one reason or another. Or changes in life and business situations require a shift in a corporation’s organizational structure and partnerships. When this happens, investors go through what we call a “partner dissolution,” or more colloquially, a “business divorce.”

Sometimes, the partners are partners in life as well as business. Married couples may have to divide their portfolio of commercial properties and their personal belongings and home residence when terminating the marriage. As you might imagine, this makes two already-complicated legal scenarios an even more involved and emotionally fraught process.

No matter the partners’ extra-business relationship, partnership dissolutions can lead to undesirable outcomes like losing business opportunities, income, equity, and even facing increased tax expenses. Not to mention the personal considerations that sometimes play a part in a business divorce or marital dissolution. When these partners have significant commercial real estate holdings, that is where the Moschetti Law Group comes in.

We walk partners through the complicated process of dissolution. We understand what is at stake financially, professionally, and personally for all partners involved. Our expertise includes:

  • Dissolution of professional practices, business partnerships, and corporate spin-off operations with commercial real estate holdings
  • Dissolution of marriage for couples with a portfolio of commercial real estate
  • Disputes between investors and shareholders, or regarding property ownership
  • Commercial real estate lease responsibilities
  • Litigation for breaches of contract
  • Business debt collection

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The attorneys at the Moschetti Law Group have helped our clients through dissolutions as small as $1M is value to as large as $50M. Our experience means that we will guide you smoothly through your business dissolution or dissolution of marriage, no matter the size or the complexity of your situation. We will help you preserve assets and minimize adverse effects on your equity and bottom line.

The process of partnership dissolution itself can take on many forms, depending on your needs. The attorneys at the Moschetti Law Group have litigated, arbitrated, and mediated situations, probably very similar to yours. We are zealous advocates for our clients, but we also have a background that includes collaborative practice, coaching, and negotiation.

We know this may be a stressful time. Our team is dedicated to providing empathetic and expert advice on reaching amicable resolutions with fair and equitable division of assets. Keeping in mind that there will also be liabilities to share, our attorneys make recommendations designed to preserve the best financial, professional, and legal outcomes of the situation.

The attorneys at the Moschetti Law Group represent high net-worth individuals and partners, private equity firms, and family offices. We built our firm on a set of principles that puts our clients first and seriously take the sensitive issues at hand in every partnership dissolution.

See how the Moschetti Law Group can help in your dissolution of the partnership by setting up a free, no-obligation strategy session right now.

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