Legal Question in Business Law in California

Re: Need Help to put together a Partnership Contract

This agreement should not only cover the distribution of profits, but it should cover numbers of other matters such as buyouts, death buyouts and benefits, insurance coverages if any, a detail as to what is expected of each party in regard to their ownership interest as well as the profit-sharing, what happens in the case of the disability were either party cannot complete their requirements under the agreement, and numerous other matters. I have been writing these agreements whether called a buyout agreements or partnership agreements for over 30 years in the San Francisco Bay Area as well as teaching business law. I feel quite confident that I can help both you and your partner as long as both of you agree. That report that you have now hopefully will continue in the agreements will be maintained while there are negotiations going on toward the end result of the written partnership agreement. You're having 85 percent which is a substantial majority interest vs. his 15 percent in relationship to the workload that each of view carries is quite interesting and hopefully manageable based upon what the final expectations of each of you are. If you wish to contact me I would be more than happy to speak with you at 925 -- 945 -- 6000. Good luck to you.

Re: Need Help to put together a Partnership Contract

We can draft a partnership agreement for you. We would need the particular terms and we can put in the appropriate legal jargon that can protect both of you. Please contact us at 714 363 0220.

Re: Need Help to put together a Partnership Contract

The easiest method to find an attorney located near you who practices in the entity formation area is to call your local county bar association.

Re: Need Help to put together a Partnership Contract

Your posting doesn't really ask a question; it sounds more like an invitation to bid on your legal work.

It should not be difficult to find a business attorney in your own county -- I would guess Sacramento from your Zip code. If your partner and you are basically in agreement on the terms and will sign a consent letter, one attorney can represent both of you; otherwise, there is a possible or real conflict of interest and each of you should have your own lawyer.

The concepts you want embodied in the agreement are not too difficult or unusual. Keep in mind that partners are not entitled to pay for working in the partnership as a matter of right, but they can be compensated IF the partnership agreement permits or requires it.

No problem

If you agree on the percentages etc. It should be easy. Give me a call at 310-266-4115.

Re: Need Help to put together a Partnership Contract

Please take a look at my site at www.lawyers.com.amyghosh.

Re: Need Help to put together a Partnership Contract

You may want to consider incorporating as part of the process of formalizing the agreement amongst you. But either way this can be handled by me via phone/fax/email and if it is not an adversarial situation (i.e., you both more or less agree on the terms), it could also be handled on a flat fee basis. See my website at http://www.incorporatecalifornia.com for more information or to contact me to start the process (or for a free initial consultation).

Best regards,