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General Partnership
A partnership is a type of business entity in which partners (owners) share with each other the profits or losses of the business undertaking in which all have invested. Partnerships are often favored over corporations for taxation purposes, as the partnership structure does not generally incur a tax on profits before it is distributed to the partners (i.e. there is no dividend tax levied). However, depending on the partnership structure and the jurisdiction in which it operates, owners of a partnership may be exposed to greater personal liability than they would as shareholders of a corporation.
Law Firm Partnership Exits, Partnership Contracts and Fiduciary Limbo
With my Business Organizations students, after reading the "grabbing and leaving" agency cases, I always raise the question of what an exiting law firm partner can do without breaching her fiduciary duty to the partnership - in preparation to leave...
General Petraeus steps down, General Odierno assumes new role of Combatant Commander
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The Connecticut Supreme Court recently held that the Connecticut Attorney General may pursue ?damages to its general economy caused by violations of the Connecticut Antitrust Act...
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California Attorney General pushes DOJ's Solicitor General to seek en banc review of Federal Circuit's Casitas decision
A few weeks ago, this blawg posted the
results of Casitas Municipal Water District v. United States, Case
No. 2007-5153 (Fed...
What is the difference between appointing an Executor, a personal representative of a will, and a General Durable Power of Attorney?
The executor is the person you name in your will to probate your estate once you...
Can a partnership be dissolved upon the death of one of two partners (CA)?
This website may be able to help you....
Can I be fired for working a second job?
sadly you can be fired for anything thats not discriminatory, so yeah you can.
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What is the difference between appointing an Executor, a personal representative of a will, and a General Durable Power of Attorney?
The executor is the person you name in your will to probate your estate once you...
Can a partnership be dissolved upon the death of one of two partners (CA)?
This website may be able to help you....
Can I be fired for working a second job?
sadly you can be fired for anything thats not discriminatory, so yeah you can.
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