Posts Tagged: business entity

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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Choice of business entity: foster growth of your new Arizona business

Choice of business entity: foster growth of your new Arizona business On behalf of Richard Murphy at Murphy Cordier PLC Arizona law allows for the choice of several different business entities, including the corporation, limited liability company, partnership, sole proprietorship and more. Not since before the recession has Arizona’s unemployment rate been almost as healthy… Read more

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