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You are here: Home / Archives for duty of loyalty

February 10, 2018 By chuck Leave a Comment

Business “Divorces” under California’s General Partnership Statutes:Part 3

Business man considering consequences of general partnership dissociationBeware of these 2 Key Consequences of General Partnership Dissociation

There are two important consequences of general partnership dissociation that must be kept in mind when a partner considers dissociation:

Consequence One: Dissociating partners immediately upon dissociation are free to compete with their former partnership. Their duty of loyalty not to compete with the partnership ends. See law below. [Read more…]

Filed Under: Dissociating Partner Tagged With: Consequences of General Partnership Dissociation, duty of loyalty

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Chuck Farrar, Attorney at Law
Law Office of Chuck Farrar
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Categories

  • 2020 Employment Laws (1)
  • Ban the Box (1)
  • Business Divorce (2)
  • Buying and Selling Property (1)
  • California 2019 Employment Laws (1)
  • Communication- Attorney-Client (3)
  • Dissociating Partner (1)
  • Dissociation (1)
  • Eminent Domain (1)
  • Employment Law (3)
  • General Partnership Divorce (1)
  • Hiring A Lawyer (1)
  • Landlocked Parcel (1)
  • Me-Too-Movement Laws 2019 (1)
  • New Employment Laws 2019 (1)
  • New Laws 2018 (1)
  • Purchase Agreements (1)
  • Real Estate (4)
  • Title Insurance (2)
  • Uncategorized (1)
  • Unified Partnership Act (1)
  • Wage and Hour Laws (1)
  • Workplace Harassment (2)
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  • Virtual Office Tour
  • The Frog Knows Blog

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