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12 Jun 2023, 12:15 am
It does not take much to create a partnership under California's Uniform Partnership Act of 1994, which defines a partnership as "the association of two or more persons to carry on as coowners a business for profit forms a partnership, whether or not the persons intend to form a partnership". [read post]
5 Dec 2023, 12:15 am
The Court of Appeal found that whatever the trial court meant, the partnership had not terminated because it had not dissolved and only after dissolution occurs does the possibility of a partnership termination arise. [read post]
18 Sep 2023, 4:34 am
In response, the majority partners argued that continuation of the partnership business post-dissolution does not revive a dissolved entity. [read post]
12 Mar 2013, 7:00 am
While this is a good starting point, it does not really get to the crux of the issue for an insurance agency. [read post]
14 Mar 2023, 2:47 am
Nevertheless, certain default statutory rules apply when an Illinois partnership does not have a written partnership agreement. [read post]
12 Nov 2019, 11:22 am
It does not, however, provide a particularly reliable indication of either management responsibilities or a financial interest in the firm. [read post]
22 Jul 2022, 9:08 am
A limited partnership does what its name suggests. [read post]
1 Mar 2023, 9:00 am
Continue reading → The post What does the law recognize as being “unpracticable” to continue a partnership? [read post]
16 Dec 2010, 4:46 pm
You may be in a partnership. [read post]
19 Jun 2020, 8:46 am
, Does the partnership agreement determine liability? [read post]
11 Aug 2018, 12:31 pm
Some of the key changes made in the final regulations from the temporary and proposed regulations relating to the partnership representative include:According to the Preamble, a partnership that has elected out of the centralized partnership audit regime is not required to designate a representative – if it does, that representative has no authority with respect to the partnership.A partnership may designate itself as the representative if it meets… [read post]
30 May 2022, 5:40 am
By taking this ‘control your own destiny’ approach and having partnership termination, replacement, or augmentation alternatives, you can ensure that the inherent business risk of a partnership does not become an unsuccessful organizational gamble if the partnership fails. [read post]
2 May 2021, 9:30 pm
Beasley School of Law, has posted The Personification of the Partnership, which is forthcoming in volume 74 of the Vanderbilt Law Review (2021):What does it mean to say a business association is a legal person? [read post]
18 Jan 2024, 12:48 pm
Whatever the cause of the dispute, the dissolution of a partnership does not have to mean the dissolution of the company. [read post]
6 Aug 2012, 8:13 am
Generally, a partner does not have the right to sue his/her partnership for discrimination, harassment, or retaliation under Title VII or the California Fair Employment and Housing Act (“FEHA”). [read post]
1 Aug 2016, 8:31 am
No special taxation – unlike a corporation that has to pay extra money to the government, a general partnership does not. [read post]
19 Jul 2023, 11:32 am
Additionally, investors should remain cautious if the investment is requiring a long-term commitment or lock-up period, as it may be very difficult to withdraw from the investment if it does not perform as expected. [read post]
5 Apr 2016, 8:31 am
It is important to note that Partnership Representative does not need to be a partner of the entity. [read post]
23 Feb 2016, 12:47 pm
Finally, the partnership level audit does not necessarily bind all partners. [read post]
8 Aug 2012, 1:50 pm
The material posted on this blog is not intended to create, and receipt of it does not constitute, a lawyer-client relationship, and readers should not act upon it without seeking professional counsel. [read post]
