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15 Feb 2011, 9:15 am by leephillips
However, all of the family limited partnership estate planning hype is silenced when you realize that a limited liability company does everything a family partnership does. [read post]
16 Jan 2017, 4:30 am by Peter Mahler
The appellant’s application for leave to appeal presented three issues for the high court’s consideration: First, does the lower court’s determination that the former partner wrongfully dissolved the partnership, based on the partnership agreement’s termination provisions, conflict with the Court of Appeals’ interpretation of “definite term” in its Gelman decision? [read post]
6 Sep 2009, 12:10 pm by Wesley Deaton
Contractual provisions that restrict the shares of a partner that pass unintentionally to a third party (such as through death or divorce), so that the surviving partner does not have to make partnership decisions with this new, unchosen partner.A well-written buy-sell contract can help you envision and solve many of a partnership's long-term possible problems before the partnership ever gets off the ground. [read post]
25 Jan 2019, 9:09 am by Jay R. McDaniel, Esq.
Deadlock Occurs When Contracts Fail Unlike a corporation, which conceptually is a creature of statute, deadlock in a partnership or limited liability company usually does not involve any specific statutory provision that is intended to address the problem of deadlock. [read post]
1 Jun 2022, 12:17 pm by The Health Law Partners
Yet, HIPAA does not prohibit individuals from seeking remedies through state or other law. [read post]
8 Apr 2022, 12:21 pm by Brian Clark
Partnership Investment Company Basics The IRS treats cryptocurrency as a form of property, and generally the Code does not immediately tax property contributions to partnerships. [read post]
12 Jan 2022, 6:00 am by Family Law
From Human Rights Watch: The registration of same-sex marriage does not guarantee an enjoyment of legal rights and protections among same-sex partnerships in South Korea. [read post]
8 Jul 2013, 8:53 am by Arina Shulga
Merchant Capital, LLC, 483 F.3d 747, 755 (11th Cir. 2007) “A general partnership interest is presumed not to be an investment contract because a general partner typically takes an active part in managing the business and therefore does not rely solely on the efforts of others. [read post]
19 Oct 2011, 2:08 pm
  Fiduciary Duties under the UPA   If a partnership agreement does not specify the limits, those duties are specified – and limited – by the UPA. [read post]
12 Jun 2008, 7:09 pm by Kenneth Vercammen NJ Law Blog
Such specification shall be in writing and attached to this Domestic Partnership Agreement as an Attachment.4. [read post]
7 Sep 2010, 4:32 pm by admin
  If all of the members of the partnership are corporations, the the fiscal year end can be anywhere, so long as the fiscal period does not exceed 53 weeks: s. 249.1(1)(a). [read post]
28 Jan 2014, 12:00 am by My name
  The fact that many partnerships tend to have no real effect does not lessen the impact of those that do. [read post]
23 Feb 2011, 10:59 pm by Matthew Flinn
In that respect, as was explained in a previous post, the in the recent case of Schalk and Kopf v Austria, the European Court of Human Rights decided that at this point in time, Article 12 does not require States to allow same-sex marriage. [read post]
20 Aug 2018, 10:14 am by Jay R. McDaniel, Esq.
  Delaware law, the judge noted, does not favor results that result in a forfeiture. [read post]
13 Apr 2015, 8:29 am by Cynthia Pittson
The executive summary of the article, titled Does Law School Still Make Economic Sense? [read post]
14 May 2010, 7:44 am by Steven Peck
The most important feature of a LP is that the limited partner enjoys limited liability as long as s/he does not participate in the control of the partnership business. [read post]