Colorado Business Partnerships
THE POWER OF PROTECTING YOUR COMPANY AND PERSONAL ASSETS
The legal system can be intimidating. Many Colorado business owners understand the basic legal principles of forming a business partnership but fall short of preserving the company’s legal rights and further protecting the individuals from personal liability.
Colorado courts frequently hear cases where the business partners have breach their fiduciary duty to the business or simply do not have a legally sufficient business partnership agreement. You must have the basic documents in place at the early stages of formation of partnership entities. Don’t Wait Until It is Too Late. Schedule an Appoint With a Denver Business Attorney Today.
The process protecting the rights of the partnership entity and the business partners begins with knowing how the legal system works in Colorado and using it to your advantage. At Watson & Associates, LLC, our business partner lawyers have been providing legal advice to corporate executives since 2003. We have also resolved many business partnership disputes short of litigation. Our company law lawyers treat every situation as though it were going before a judge or jury. We understand that the simplest mistake can cause our clients to lose substantial amounts of money.
Develop a business partnership agreement that covers the risk and liabilities that really can happen. If your agreement does not address your concerns, Colorado courts may use the partnership statutes to give you a result that you may not like.
- Companies fail to understand that without a business partnership agreement, courts then resolve business partner disputes under the Colorado Partnership Statute.
- Get an agreement that covers most of your concerns
- Buy-outs is a situation that many partnership agreements do not cover
You will find a company lawyer at Watson & Associates, LLC where our team of business partner lawyers and attorneys ensures that small businesses can reduce liabilities while safeguarding their legal rights and advancing the corporate goals with both general partnerships and limited partnership corporations.
- As a small business law firm, we use over 30 years of combined experience to protect your company relationships and reputation while safeguarding your bottom line.
No guesswork: When General or limited partnership LP businesses use a company lawyer at Watson for legal advice, they understand that we provide a more substantive analysis of the underlying issue. This means conducting our legal research to see how courts are deciding the very issue before us. Contact us Today.
Colorado Limited and General Business Partner Attorney Legal Services
Being a business partner, there are a variety legal issues that can arise in any type of Colorado business contract. As company law attorneys and legal counsel to the various limited and general partnerships, our incorporation attorneys provide legal advice to our clients to resolve a variety of legal issues when starting a business including.
- Developing Colorado business partnership agreements,
- Help with personal liability disputes,
- Silent partnership agreements
- Common law business partner assessments
- Business formation and dissolution of partnership,
- Corporate and general business law
- Partnership compensation
- Limited liability agreement
- Partnership dissolution agreement
- Limited liability companies,
- Business contract law services,
- Partnership contract buyout agreement help,
- Domestic partnerships disputes;
- Providing legal advice about each partner’s obligation to the company and each other.
- Litigation and defense representation in company partnership business disputes.
If you are starting a general partnership or limited partnership in Colorado and need looking to find a lawyer for immediate legal advice with your business partnership contract, call a company lawyer at 720-941-7200 for FREE Initial Consultation.
Business Partner Lawyers – Avoiding Personal Liability in Your Small Business
Depending on the legal structure of the small business, whether it be a general partnership, limited partnership (LP) or LLC, there are always gaps where an opposing party may seek to “pierce the corporate veil. This allows creditors and other third parties to reach your personal assets. 68% of business partners expose themselves to personal liability due to a lack of understanding of Colorado business laws and business partnership law requirements.
- Make sure you have at least a limited partnership agreement in place.
General Partnership Disputes
As a practical matter, a forming a partnership firm can be tricky. For example, and as part of corporate governance, the general partner has more liability and exposure to corporate debt. There are some issues that help clients understand what is a limited vs general partnership. However, by understanding the partnership advantages and disadvantages, each person can make the right decision when issues arise. As Colorado business lawyers, we make sure that all contracts are properly drafted and that the rights of the business are adequately protected. Get help with:
- Fiduciary duty matters
- Legal obligations to the business versus business partnership
- Breach of contract matters
Limited Liability Companies (LLC and Small Business Law Lawyers)
Individuals tend to start a limited liability company in Colorado since it is one of the easier corporate entities to form. However, like any other limited partnership, it has its advantages and advantages.
Having the right LLC operating agreement or other business partnership contract in place is the first line of inquiry. In addition, some limited liability companies do not have a viable operating agreement in place. This can lead to sure disaster or dissolution of partnership operations.
- To help our small business clients, our company lawyers also provide legal advice and guidance on business partnership contracts, independent contractor agreements, and employment discrimination law matters.
Drafting and Reviewing Business Partnership Agreements
Having an effective written Partnership Agreement is one of the most valuable investments that you can make. A business contract between the business partners that sets forth the legal obligations and duties of each other and to the company entity. At Watson & Associates, LLC, our Colorado business law attorneys develop the details in a way that business owners understand how to handle situations and problems as they arise. This includes dissolution of a partnership.
If you are looking to find an attorney for immediate help with you contract for business partners, dissolution of partnership filings, our Colorado partnership lawyers and small business law firm serve business communities of small business partners in Denver, Boulder, Aurora, Pueblo, Lakewood, Fort Collins, Englewood, Littleton, Arvada, Brighton, Longmont, Littleton, Centennial, Parker, Castle Rock, Larkspur, Colorado Springs, Greeley, Northglenn, Golden, Breckenridge, and Aspen, Jefferson County, Adams County, Arapahoe County, Boulder County and Douglas County.
Our business partnership attorneys help small and company general partnership agreements in Denver Colorado, Colorado Springs, Aurora, Fort Collins, Lakewood, Thornton, Arvada, Westminster, Pueblo, Centennial, Boulder, Highlands Ranch, Greeley, Longmont, Loveland, Grand Junction; Columbine Valley, Superior, Louisville, Castle Pines Village; Cherry Creek CO, Holly Hills, Morrison, Cherry Hills Village, Bow Mar, Woodmoor, Centennial and more. Call our Denver business partner contract attorneys for help with your business legal matters.
Additional Colorado Business Partner Information
- Read more relevant information about a limited liability partnership versus a general partnership.
- Find out more about breach of contract remedies.
- Learn more about forming a limited partnership in Colorado.
Call Watson’s Denver Colorado Business Partnership Attorneys
If you are looking to find business partner attorney in Colorado to avoid litigation costs about partnership compensation, dissolution of partnership, ownership structure, and limited liability partnership law or other adversities to your business’ limited partnership (LP) company, contact the Denver CO partnership in business law attorneys at Watson & Associates, LLC to draft your limited partnership agreement or litigate your corporate disputes. Call 1-866-601-5518 for a FREE initial consultation.