Dissolving a business partnership is often a necessary evil in the world of business. It’s a long and complicated process that can be rife with less than business like emotions. The process is much ...
You should plan for the dissolution of a partnership when you start your business. Even if you hope your company lasts for years, partners die, move on or sell out. If you draw up a partnership exit ...
If a business partnership is not working out, one or more partners may be tempted to pull out of the business. However, under normal circumstances, one partner cannot legally end a partnership alone.
When you enter a business partnership, it’s easy to get swept up in the possibilities of your new venture and overlook the chance that the partnership may not work out. Establishing a business ...
In March, the New York State Court of Appeals issued a decision, in the non-law firm partnership context, which outlined some fundamentals of New York partnership law concerning dissolution, and ...