Running family businesses can be a lot of fun, but it also comes along with its challenges. There are several things you can do to prevent these challenges from coming up often in a family run business. Many people say personal and business life doesn’t mix, but by considering these tips you can mix both… Read more
Legal disputes are common in the business world, and they sometimes have a major impact on the people involved. Arbitration is a low impact solution that some people use to settle a dispute. It doesn’t work for everybody, but it is a much less painful process than having to go to court. If you’re having… Read more
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