Insightful Murfreesboro Business Lawyers Guide Clients Through the Maze of Partnership Creation and Dissolution Proceedings
Serving Tennessee business owners for more than 40 years
Business partnerships are the backbone behind many successful organizations. Unfortunately, while many partnerships stand the test of time, others encounter difficulties beyond repair. At Kidwell, South, Beasley & Haley, Attorneys at Law, our Tennessee business lawyers offer comprehensive advice to business owners before, during and after the creation of legal partnerships.
Comprehensive partnership formation assistance
While it is true that a business partnership can be created relatively quickly and inexpensively, there are a wide range of factors that should be addressed in order to create the most effective legal arrangement between all parties involved.
Our Tennessee business partnership attorneys offer the guidance you need to address all aspects of creating a legal business affiliation, including:
- Identification of partnership format: Choosing the appropriate partnership type for your business is important for many reasons, including protecting your business and yourself against unnecessary liability. We offer advice on the various types of partnerships available, including, general partnerships, limited partnerships, limited liability partnerships (LLPs).
- Partnership agreements: Like any contract, a partnership agreement should address all aspects of your relationship. From investments to stock options, buyout contingencies to expansions, we help you address each and every detail of your partnership.
Whether you own a thriving business or are in the initial stages of entity creation, we help you create a partnership that limits your liability and the potential for legal issues in the future.
Step-by-step guidance through the partnership dissolution process
Despite the best of intentions, business partnerships are not invincible. There are many reasons for partners to choose to dissolve the affiliation, including personal strife, changes to the business model, retirement and more. If you have made the decision to dissolve your current business partnership, it is important to address the various legal factors involved in the process.
Our Murfreesboro business partnership attorneys offer guidance on a wide range of issues relating to the dissolution process, including:
- Legal dissolution: The process of legally dissolving a partnership is a bit more complicated than simply shaking hands and walking away. Addressing any debts, liabilities, license transfers, buyouts and other factors associated with the dissolution requires the guidance of an experienced lawyer.
- Partnership alterations: In some cases, it may be possible to negotiate a change to the terms of the partnership, rather than dissolving the relationship altogether. Our attorneys offer the guidance you need to negotiate new terms and draft a renewed agreement.
Throughout the dissolution of your partnership, our attorneys work to protect your best interests and the best interests of your business.
Contact one of our skilled Murfreesboro business partnership attorneys to discuss your unique needs
At Kidwell, South, Beasley & Haley, Attorneys at Law, we understand no two business partnerships are exactly the same. We also know the legal aspects of a business partnership can be confusing. Our decades of experience helping Murfreesboro business owners create and dissolve partnerships gives us the skill and knowledge needed to help you understand each and every detail related to your business partnership. To learn more about the process of creating or dissolving a business partnership, schedule a consultation with one of our Murfreesboro lawyers. Contact us online or call 615-893-1331 today.