Short Answer
When equal business owners cannot agree, neither side can simply outvote the other. The operating agreement may provide a tie breaker, mediation process, buyout trigger, or dissolution procedure. If it does not, the practical options usually include a negotiated buyout, a sale, structured separation, or court involvement when the deadlock makes it impracticable to continue. The central question is not who is more frustrated. It is whether the company can still function, what the documents require, and which owner has the evidence and financial ability to carry out a workable solution.
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Tell Aaron what happened. What decision is stuck, what the agreement says, and what the deadlock is costing.
over 25 years representing business owners in high-stakes disputes. As seen in The New York Times, Wall Street Journal, and Miami Herald.
When This Becomes Urgent
- Payroll, financing, hiring, contracts, or regulatory filings cannot be approved.
- One owner is using the stalemate to move money, customers, staff, or opportunities.
- A lender, landlord, investor, or major customer is demanding a decision the owners cannot make.
What Usually Goes Wrong
- Assuming equal ownership means equal practical leverage.
- Threatening dissolution before understanding valuation, financing, and tax consequences.
- Using self help to break the tie by changing accounts, locks, or authority records.
Why Miami Experience Matters
Miami closely held companies are often built on personal trust, family relationships, real estate holdings, and informal understandings that worked until the first serious disagreement. Experience in Miami matters because the legal solution must fit the operating business. A deadlocked hotel venture, medical practice, construction company, and international trading company do not have the same pressure points, even if each is owned fifty fifty.
Local proof: Aaron Resnick's background
What to Have Ready
- The operating, partnership, or shareholder agreement and amendments.
- A list of decisions currently blocked and the harm caused by each delay.
- Three years of financial statements, tax returns, and distributions.
- Any buyout, valuation, or separation proposals already exchanged.
- Communications showing the deadlock and each owner's stated position.
What Typically Happens Next
Counsel first reads the agreement for a mechanism the owners may have overlooked. The financial record is then used to measure leverage, business value, and immediate risk. A documented proposal may lead to mediation or a negotiated buyout. If neither side will move and the company is being harmed, litigation or judicial dissolution may become the pressure that produces a resolution.
Related Questions and Reading
- Can I Force My Business Partner to Buy Me Out?
- Can One 50% Owner Dissolve a Florida LLC?
- Can You Settle a Florida Lawsuit Instead of Fighting It?
- partnership and shareholder disputes
- How Do I End a Business Partnership in Florida?
- Browse all Ask Aaron answers
Disclaimer
This is general information, not legal advice. Viewing this page or contacting the firm does not create an attorney-client relationship. Deadlines can be short. If your matter is time sensitive, call the office at 305-672-7495.
