Russell K. Smith is a shareholder and chair of Durham Jones & Pinegar's Business &... more
Russell K. Smith is a shareholder and chair of Durham Jones & Pinegar's Business & Finance Section. Mr. Smith represents private companies in a broad range of industries and sectors, including venture capital, life sciences, software, internet, real estate, manufacturing, retail, telecommunications and energy (including oil and gas). Mr. Smith regularly advises start-up and emerging-growth com... view profile
Thomas R. Taylor is a shareholder in Durham Jones & Pinegar’s Salt Lake City office.... more
Thomas R. Taylor is a shareholder in Durham Jones & Pinegar’s Salt Lake City office. He practices in the areas of mergers and acquisitions, corporate, securities, leveraged buyouts, restructurings and recapitalizations, private placements, corporate finance, complex loan transactions, emerging growth and technology company representations, venture capital and private equity financings, technolo... view profile
Mr. Rawson assists companies with financings, recapitalizations, mergers,... more
Mr. Rawson assists companies with financings, recapitalizations, mergers, acquisitions, divestitures, and other business transactions and agreements. In addition, he assists early stage companies with formation, structure, strategic relationships, venture capital financings, and other financings.
A partnership is created when people pool resources and join together in business. There are several types of partnership agreements: In a general partnership, all partners manage the business and are personally liable for its debts. In limited partnerships, partners' liability is limited and they have no voice in decision-making. In a limited liability partnership (LLP), all partners have some degree of limited liability. In a limited liability company (LLC), a shareholder is not personally liable for any of the debts of the company, other than for the money they invested in that company. An attorney experienced with partnership agreements will help you decide whether a partnership is a good idea for your business, and which type of agreement would be best for you. Partnership lawyers will also make sure your partnership agreement accurately describes each partner's rights and responsibilities.