50/50 Business Partner Deadlock: How Mediation Breaks the Stalemate Without Destroying the Company

50/50 Business Partner Deadlock: How Mediation Breaks the Stalemate Without Destroying the Company

A 50/50 business partner deadlock is a decision failure, not automatically the end of the company. Mediation helps equal owners identify exactly what is blocked, separate business facts from accumulated grievances, and negotiate a workable path – renewed decision rules, a division of authority, a buyout, or an orderly separation. The mediator does not impose the result; the owners retain control of the outcome.

When the Problem Partner Doesn’t Propose Solutions

When the Problem Partner Doesn’t Propose Solutions

Sadly, the ugly reality is that if your partner complains but doesn’t offer solutions, he’s no longer a partner. A wise lawyer once taught me this important lesson when he was drawn into a nasty partnership dispute that I was working on. One of the partners was always complaining that the other was never bringing ideas to the table. The lawyer, after listening to the whining for 15 minutes said, “Tom, you need to learn to deal with the partner you have, not the one you wish you had.”

List of All Business Partnership Mediation Articles

List of All Business Partnership Mediation Articles

This Page is a searchable index of all posts pertaining to Business Partnership Mediations. This page is an excellent resource for articles about partnership mediation. Find all categories including Partnership Disputes, Family Business Mediation, and Partnership Agreement.

What Makes a Contract Legal and Binding?

What Makes a Contract Legal and Binding?

As you see, a contract can be legal yet not binding. And, the most important take away is that a promise, even if written up and signed, is not binding. If an agreement is not binding, it isn’t enforceable. I assume you want your agreements between you and your partner(s) to be legal, binding, and enforceable. Let’s look at the pieces that must be included to make a valid, binding contract.