Partnerships

Partnerships are a popular business vehicle in Alberta due to their flexibility and simplicity, making them an attractive option for various ventures. At BARR LLP, our experienced lawyers provide comprehensive partnership-related services to help you create, manage, and navigate the complexities of this unique business structure.

Our partnership services include:

  1. Partnership Formation: We assist clients in choosing the most suitable type of partnership for their specific needs, such as general partnerships, limited partnerships, or limited liability partnerships. Our team will draft and review partnership agreements, ensuring they align with your business objectives and comply with legal requirements.
  2. Partnership Management: We provide ongoing legal support to help you effectively manage your partnership, addressing any changes in the business or partnership structure as necessary. This includes amending partnership agreements, resolving disputes, and advising on legal compliance matters.
  3. Tax and Liability Planning: Our lawyers will guide you through the tax implications and liability concerns associated with partnerships, helping you make informed decisions and implement strategies to protect your interests and optimize your tax situation.
  4. Partnership Dissolution: If you decide to dissolve your partnership or restructure your business, our team can guide you through the process, ensuring the smooth and orderly transition of assets, liabilities, and business operations.
  5. Dispute Resolution: In the event of disputes between partners, our experienced lawyers can provide strategic advice and represent your interests in negotiations, mediation, or litigation to help you achieve a favourable resolution.

By partnering with BARR LLP, you gain access to expert legal advice and support tailored to your specific partnership needs. Our team is dedicated to helping you establish and manage a successful partnership that fosters growth and minimizes potential risks.

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