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Articles Posted in partnership law

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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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What are the steps to dissolve a partnership (Corp. Code § 16801)?

Partnerships are incredibly common business entities that many Californians enter on a regular basis, often to acquire and develop real estate over many years. But even the most successful arrangements must come to an end. Unfortunately, more often than not, the dissolution procedures “unwind” what may have been a series…

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