Partnerships

Structure Law Group, LLP assists clients with all aspects of general partnerships, limited partnerships and limited liability partnerships ("LLPs") for both business and real estate holdings. Structure Law Group, LLP's attorneys have extensive experience in choosing the correct form of entity and in structuring tiered partnerships for liability protection. Our partnership formation services include the initial organization, related filings with the Secretary of State, Department of Corporations, Internal Revenue Service, Franchise Tax Board, Employment Development Department and others, as required. Our partnership agreements can be simple or complex as necessary to take into account buy-sell provisions, managing partner authority, tax allocations and planning for dissolution, sale and transfers.

When a partnership is no longer the proper form of entity for our clients, we assist in converting to an LLC or a corporation, as appropriate. We also assist with dissolution or sale of the partnership when the time is right. We work with our partnership clients to make sure all of their records are in order to maximize their value on a merger or acquisition. In addition, Structure Law Group, LLP's business attorneys assist with contract negotiations, hiring and firing employees, resolutions and consents, and other actions necessary to protect the partnership and the partners.

Structure Law Group, LLP's attorneys have personal experience in partnerships and we pride ourselves on providing practical advice to our clients interested in forming or investing in partnerships or LLPs. In addition, we represent other Silicon Valley law firms, as well as accounting and architectural firms, in the formation and operation of LLPs.

San Jose Business Lawyers Blog - Partnerships