PARTNERSHIP V. CORPORATION

March 23, 2021

Can businesspeople who formed a partnership by oral agreement and who then form corporations that operate through corporations that they form ever claim any continuing partnership benefits, such as real property ownership?  The short answer, as I read Peter Mahler’s latest post in his excellent “Business Divorce” blawg, is this: “Yes, but only by a very specific written agreement.”

Here’s the link:  https://www.nybusinessdivorce.com/2021/03/articles/partnerships/the-oral-partnership-operating-as-a-corporation-is-it-a-partnership-a-corporation-can-it-be-both/

Leave a Comment

Your email address will not be published.