Partnership Agreement

Stressed about Potential Legal Implications with Regard to the Partnership Agreement?

Water-Tight Contracts can help protect you from Unexpected Litigation

Written agreements are crucial to the success and future of every type of business. Regardless of whether it’s a local business or a large international corporation, legal business contracts can help enforce court action. Commercial lawyers are trained to help a broad spectrum of clients with formulation of tracts, negotiation and protection from litigation. Seeking legal advice can help ensure that the commercial agreement covers every potential situation and challenge. Whether it’s a one-page agreement or a complex contract involving several pages, corporate lawyers can help formulate agreements that are clear-cut, purposeful and comprehensive.

Commercial lawyers offer a wide range of services that involve protecting their clients from exposure to risk. Some common services offered include:

  • Offering professional guidance with regard to business agreements covering agency, franchise , distribution, hire purchase or lease, vendor-business agreements and purchase/sale of goods and services and so on
Starting A Business

Starting a Business? Protect Yourself!

So, you’ve decided to start your own business, congratulations!  You’re on your way to a fantastic experience as you build a successful enterprise.  Here are a few key tips, documents, and warnings from commercial lawyers and someone who started their own $10 million dollar software company.

  • Protect Yourself. Business is a risky proposition, and starting your own enterprise can put you at tremendous financial risk.  Fortunately, the law provides a way to protect your hard work and safeguard your personal property and other assets should anything go dramatically wrong in your business.  The entity I’m describing is a corporation, or limited liability company.  Both of these constructs allow you to run a business but shield yourself from liability.  It’s important to do several key things:
  • Corporate ‘formalities’: You can’t start a corporation and then pretend it doesn’t exist, you have to run your business and maintain what commercial lawyers call “corporate formalities” – meaning you have to hold regular managers or shareholder’s meetings, and in all ways act as if it’s the company doing business, not you.
Shareholder Agreements

Why Are Shareholder Agreements Important?

Shareholder agreements are a vital part of a company’s structure. They outline the agreement between the shareholders – the people who invest their money in a company – and the company directors – the people who decide how to spend this money.

While shareholder agreements can be complex and somewhat difficult to set up, it is important to realise that they are extremely important. They need to be drafted with the help of high-quality commercial lawyers to make sure that they are error free and that they encompass the necessary information, and they need to be treated like the important legal document that they are.

Some of the main reasons why shareholder agreements are important include: