Partnership Disputes

When partnership disputes arise, the stability, performance, and long-term viability of a business are threatened. Such disputes must be resolved quickly and effectively to prevent further damage to the business – and that’s where Gibbs Wright Litigation Lawyers can help.

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Do you need a partnership dispute lawyer?

Partnership disputes are conflicts or disagreements that arise among the partners of a business partnership. These disputes typically involve disagreements related to the operation, management, or direction of the partnership and are often caused by differences in expectations and changes in circumstances within the partnership. 

Partnership disputes are dealt with quite differently to company disputes and are governed by different legislation and common law. If you have a company dispute, click here.

Partnership disputes can directly impact the growth and reputation of the business, so resolving partnership disputes should be handled by our partnership dispute lawyers at Gibbs Wright Litigation Lawyers.

We provide legal assistance and devise a strategy to resolve your partnership disputes in a fast and cost-effective way.

Contact Gibbs Wright for a free and confidential initial consultation to discuss your legal rights and obligations.

    How to get started

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    1

    Tell us your
    legal matter

    Speak to one of our litigation lawyers via phone for free and provide the necessary details and documents so we can better understand your situation.
    2

    We’ll let you know
    where you stand

    If we think that you have a good argument, we’ll devise a strategy for you on how we will take on your matter, and give you legal guidance and a fee estimate. All for free.
    3

    You Decide

    It’s ultimately your decision whether to hire us or not based on the strategy and fee estimate we gave you. There’s no obligation and no pressure to proceed.
    1

    Tell us your legal matter

    Speak to one of our litigation lawyers via phone for free and provide the necessary details and documents so we can better understand your situation.
    2

    We’ll let you know where you stand

    If we think that you have a good argument, we’ll devise a strategy for you on how we will take on your matter, and give you legal guidance and a fee estimate. All for free.
    3

    You Decide

    It’s ultimately your decision whether to hire us or not based on the strategy and fee estimate we gave you. There’s no obligation and no pressure to proceed.

    Why Gibbs Wright

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.

    What we do is very simple: we sue people, defend people when they get sued and negotiate resolutions to disputes to prevent proceedings from commencing. It’s the only thing we do and we do it really well.

    Having done this for many years, we know the law and the legal processes like the back of our hands. But more importantly, we know how to win. No matter the industry you’re in or how complex your situation is.
    When we take on your legal matter, you know that our team of expert litigation lawyers will fight for you not just for the sake of it. We will fight relentlessly so you can get back to business as soon as possible.  

    Hear it from our satisfied clients

    Expert litigators, ready to fight for you.

    Spencer Wright

    Litigation Director

    Spencer leads the strategic operations at Gibbs Wright, with a wealth of knowledge on Queensland law and business operations.

    Melany Dowse

    Special Counsel

    Melany represents a range of clients from individuals and small businesses to body corporates and insolvency practitioners.

    Mitchell Caldwell

    Senior Litigation Solicitor

    Mitchell provides practical, accurate and timely advice and unique solutions to assist corporate clients, small businesses and individuals across a range of areas including property, contract, and construction disputes. Mitchell works closely with all the team members of the firm to ensure that Gibbs Wright delivers first-class legal service, advice and representation.

    Emma Bettridge

    Special Counsel

    Emma is an experienced commercial litigator with a proven track record of success in complex commercial disputes. With a wealth of experience obtained in both boutique and tier one firms, Emma is dedicated to providing her clients with practical and solutions-oriented advice.

    David Thomas

    Litigation Solicitor
    David has practised predominantly in the areas of building and construction, commercial litigation and dispute resolution. Prior to becoming a lawyer, David was a construction electrician in the mining and oil and gas industries working on some of the largest projects in Australia.

    John Clemente

    Litigation Solicitor

    John’s commitment to his clients is unparalleled. He is deeply perceptive, ensuring that every client receives personalised and effective counsel.

    Frequently Asked Questions

    • What is a partnership?

      A partnership is a contractual business relationship in which two or more people operate as co-owners and equally share the profits and liabilities generated by the business. Each partner is responsible for the actions of the other partner(s). In Queensland, partnerships are governed by the Partnership Act 1891 (Qld) (the Act).

      A partnership is comparatively easy and inexpensive, and has minimal reporting requirements. A partnership tax return is lodged each year, with each partner paying tax on their share of the partnership’s income.

      What are the duties and responsibilities of each partner?

      Business partners owe a fiduciary duty to each other, based on loyalty, trust, and confidence. 

      This duty means that each partner must act in the best interests of both the partnership and the other partners, including by:

      • making full disclosure of relevant matters to the other partners;
      • not competing with the partnership;
      • not making a secret profit or commission; and
      • not using partnership property for personal purposes.

      The Act specifies the rules that apply to partners in areas such as business management, accounting, capital, profits and dissolution of the partnership.

    • How are business partnerships created?

      A business partnership is created when up to 20 people agree to go into business together. The agreement is sometimes in writing, and involves partners investing money, with each partner equally sharing the profits and losses.

    • What is the difference between a partnership and a joint venture?

      A partnership is an ongoing arrangement in which partners are jointly responsible for debts incurred.

      A joint venture has two or more people, or businesses, working together while maintaining their separate businesses. This arrangement is used for a specific project and usually has an end date. Each party is responsible for the debts they incur.

    • How is a partnership finalised/dissolved?

      There are many situations in which a business partnership is dissolved, including when:

      • the term specified in the partnership agreement expires;
      • a court order that the partnership be dissolved;
      • a partner dies; or
      • for a number of other reasons.

      A partnership agreement will usually specify the terms and conditions for dissolving the partnership, and how partnership property is to be distributed. If there is no partnership agreement, the process will be guided by the Partnership Act 1891 (Qld).

      If you have a partnership dispute of any kind, call Gibbs Wright Litigation Lawyers for a free, no-obligation consultation to assess the strength of your case.

    Explore your legal options with Gibbs Wright Litigation Lawyers - Brisbane’s Leading Litigation Firm.

    Our expert litigators will let you know where you stand and give you legal guidance.