Protecting Your Interests In A Partnership Agreement
With a sound partnership agreement in place, business partners have a firm understanding of their rights and duties. They have a means of resolving disputes when they arise. When there are no written agreements, or poorly drafted ones, minor disputes can become costly setbacks for a business.
At Kaplan & Moon, PLLC, our lawyers draft, negotiate and review partnership agreements for clients in the Dallas-Fort Worth metroplex and throughout Texas. We can protect your rights and interests as you enter into a business partnership.
Key Components Of A Partnership Agreement
Key issues that are often addressed in partnership agreements include:
- The name of the partnership
- The capital contributions of each partner
- The duties of each partner
- How decisions are to be made
- How profits and losses are to be divided
- A framework for resolving disputes
- How to proceed in the event of the death of one of the partners
A partnership agreement is only effective to the degree it is enforceable. Our lawyers know how to draft partnership agreements that stand up to scrutiny. We have litigated many partnership disputes, so we are well-versed in the language of partnership contracts. We can help you establish documents that protect your interests.
Contact Our Attorneys
We can provide you with legal guidance for all aspects of establishing a business partnership, including drafting, reviewing and negotiating contracts and other documents. Contact us online or by telephone at 214-522-4900 to arrange a consultation with a knowledgeable partnership contract lawyer in Dallas-Fort Worth.