Business Law
A House Divided: Deadlock in a 50-50 Partnership
Business planning and estate planning often go hand in hand. Businesses started by parents are frequently passed down to their children, and in the absence of adequate forethought, the new relationships that are formed can quickly disintegrate, causing damage to both the siblings’ personal bond and to the business. Read how Jarvis v. Jarvis highlights the destructive consequences that can emerge if a partnership agreement lacks provisions for resolving such an impasse and learn what you can do to help your business clients avoid this type of situation by reading, “A House Divided: Deadlock in a 50-50 Partnership.”
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