Legal Question in Business Law in Maryland
My partner has a business with someone else who wants to leave the business, and I want to step in and continue it under the same name. What do we need to do legally?
Asked on 3/23/10, 7:49 am
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
What specific steps to take depends on how the business is structured and any governing documents. Is the business a corporation? LLC? Partnership? Limited Partnership? Does the business operated in a regulated industry?
You may want to consult with a business attorney who can review the business structure and draw up appropriate paperwork. You are welcome to call my firm or consult another Maryland attorney of your choosing.
Answered on 3/29/10, 6:27 am
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