Stephen Cochell
No Partnership Dissolution Agreement is Risky Business
Consider the following: You go into business with a partner 50:50, work really hard and build your business. After five years, you find yourself unable to get your company to the next level because your partner does not want to grow any further or refuses to invest in a growth plan. When you formed the partnership, your lawyer did not include a Buy-out provision or a Partnership Dissolution Agreement. In the event of a deadlock. What can you do? Unfortunately, all to...