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Articles Posted in general partnership

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When is it ‘unpracticable’ to continue a partnership? (Corp. Code § 16801(5))

Partnerships are incredibly common business entities that many Californians enter on a regular basis, often to acquire and develop real estate over many years. Unfortunately, many fail to get off the ground, as mismanagement, poor spending, and bickering derail what may have been promising ventures.  In these instances, a single…

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How do you create a partnership? (Corp. Code § 16101)

The way a business is conducted depends on the entity used to conduct it. There are several entities one can form in order to conduct a business. One common entity used to conduct a business is a partnership. The formalities for creating a partnership are dependent on what type of…

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