Los Angeles Partnership Lawyer
Consult with a Proven Los Angeles Partnership Lawyer
The proven Los Angeles partnership lawyers at Greenberg Glusker are experienced in the effective resolution of partnership lawsuits as related to the business partnerships in California. Los Angeles partnership attorneys are knowledgeable in all areas of general partnership law, including but not limited to family partnerships and limited liability partnerships in Los Angeles, California. Clients will have the confidence of knowing that their case is being handled by an experienced and knowledgeable Los Angeles partnership lawyer.
The Los Angeles partnership attorneys have experience representing clients in partnership law matters involving:
- Los Angeles Family Limited Partnerships Lawyer
- Los Angeles Family Partnerships Lawyer
- Los Angeles Limited Liability Partnerships Lawyer
- Los Angeles Limited Partnerships Lawyer
- Los Angeles Partnership Lawyer
- Los Angeles Partnership Dissolution Lawyer
- Los Angeles Partnership Formation Lawyer
- Los Angeles Partnership Organization Lawyer
- Los Angeles Partnership Syndication Lawyer
- Los Angeles Partnership Taxation Lawyer
Experienced Los Angeles Partnership Attorney
In California a partnership is a business enterprise entered into for profit which is owned by more than one person, each of whom is a “partner.” A partnership may be created by a formal written agreement, but can also be established through an oral agreement or just a handshake. Each partner has an agreed percentage of ownership in return for an investment of a certain amount of money, assets and/or effort. Each partner is responsible for all the debts and contracts of the partnership even though another partner may have created the debt or entered into the contract. General partners share in management decisions, and share in profits and losses according to the percentage of the total investment.
Los Angeles partnership agreements may provide for certain division of management, shares of investment, profit and/or rights to buy out a partner upon leaving the partnership or death. Each partner owes the other partners a duty of full disclosure of information which affects the business and cannot use business opportunities which rightfully belong to the partnership for personal advantage. A partnership which does business under a trade name must file a certificate of “doing business under a fictitious name,” or DBA notice, with the county or state, giving public notice of the names of partners and the business address.
Trusted Los Angeles Partnership Law Firm
The Los Angeles partnership attorneys at Greenberg Glusker are distinguished by a history of successful partnership claim recoveries through settlements and verdicts. For experienced representation in a partnership dispute or for assistance organizing a new partnership, contact the Los Angeles partnership lawyers at Greenberg Glusker in California.