11 - 6. The name of the firm, as for example, John Doe and Company, ought to be ascertained. The members of the partnership are required to use the name thus agreed upon, and a departure from it will make them individually liable to third persons or to their partners, in particular ...
aIt is a legal entity (for example, a company or limited partnership) created typically to isolate a firm from financial risk. A company will transfer assets to the SPV for management or use the SPV to finance a large project without putting the entire firm or a counterparty at risk. Juris...
For example, Minnesota enacted an expansive LLP statute in 1994. This piece of legislation provided that a partner in an LLP was not liable to a creditor or for any obligation of the partnership. It further provided, however, that a partner was personally liable to the partnership and co...
Assisted on a variety of cases including acquisitions and disposals of partnership Processed and filed legal documents and client correspondence Used briefs to draft legal documents and emails and letters to clients Quick tip:Create impressive job descriptions easily in our quick-and-easyResume Builderby...
However,il)some instances, for example when the companYis used top:rpetrate frauclor act$ Ult~~~i~eSii~~lJe court may'lift2 toe corno.rate<-veil' subiect theshareholders Itaf3'Jlity. ""If2 Bycontrast, a partnership is a business association which, strictly speaking, iis not considered...
For example, suppose Partner D and Partner E create a partnership to produce and bottle hand sanitizer. Partner D makes an initial capital contribution of $5,000 and Partner E makes an initial capital contribution of $50,000. Partner D has a gambling problem and doesn’t have the business-...
Acondominiumis a multiple-unit dwelling in which there is separate and distinct ownership of individual units and joint ownership of common areas. For example, in an apartment house, the individual owners would each own their own apartments while all the owners of the separate apartments would tog...
For example, Court of Cassation has stated in a decision that “the reason for divorce is “homosexuality” which can never be accepted by Turkish society. Giving the custody of the girl to a woman who has such diseased habit which amount to illness could endanger the future of the child....
Jointly and severally is a legal term that is used to describe apartnershipor any other group of individuals in which each individual shares responsibility equally. For example, if a judge rules that a number of people are jointly and severally liable for injuries suffered by a plaintiff, any ...
Regenerao, Economic Development and Public-Private Partnership in Nineteenth Century Portugal: a Legal Historical ExampleSeixas Pires Sardinha, Carlos Manuel de MoraisJournal on European History of Law