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Practice areas & skills: Partnership, Contracts & Agreements, Business, Corporate & Incorporation
Alexander Passo represents clients on a variety of matters with a concentration on: internal business disputes, emergency business litigation, legal malpractice, business torts, breaches of contract, copyright and trademark infringement, fraud, an...
Practice areas & skills: Partnership, Lawsuits & Disputes, Ethics & Professional Responsibility, Litigation, Limited Liability Company (LLC)
Sam Neschis is a commercial litigator with extensive experience in both federal and state courts. He represents businesses and individuals in disputes involving a wide range of areas including shareholder and partnership issues, breach of contrac...
Practice areas & skills: Partnership, Commercial, Litigation
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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.