Category: Business and Commercial Law

Are You Having a Hard Time Getting Paid?

Dealing with deadbeat clients can be one of the most difficult aspects of running a business. While overdue payments can dramatically affect your bottom line, many business owners are also afraid of damaging an existing relationship over unpaid bills. So, what is the best course of action? The simple answer is to develop policies and… Read more

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Do I Need a Business Lawyer for My Small Business?

Entrepreneurs and small business owners have many things they need to handle. When juggling so many tasks and action items, it’s important to have a lawyer to guide you through the maze of starting your small business. This article will help advise those who are opening their own small business on when they should consult a lawyer. When You… Read more

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What Business Owners Should Consider When Writing Partnership Agreements

What business owners should consider when writing partnership agreements When drafting partnership agreements, partners should weigh each person’s role, viable exit strategies, worst-case contingencies and an attorney’s advice. Forming a business partnership can offer many advantages for entrepreneurs in Phoenix, including cost savings and collaboration. However, it can also introduce the potential for conflict. Partnership… Read more

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General partner was not automatically removed from limited partnership

General partner was not automatically removed from limited partnership In the case of TP Racing, L.L.L.P. v. Simms, the Arizona Court of Appeals, Division One, ruled that the removal of a general partner from a limited partnership was not automatically required under Arizona’s Limited Partnership Act. That statute provides that a general partner must be… Read more

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