Wilson Law Group P.C.

Board Certified Texas Attorney

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Wilson Legal Group P.C.
16610 Dallas Parkway, Suite 1000
Dallas, Texas 75248
Telephone: 972-248-8080

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Practice Areas - Complex Litigation

Corporate Law - Partnership

A partnership is a legal structure comprised of two or more people who share in the responsibility of all business debts.  Those engage in close business relations with others must be cautious when it comes to the area of partnership law in that it is possible for two people to form a partnership even where it is their express intent not to form a partnership.  In many jurisdictions, a partnership is defined simply as the association of two or more persons to carry on as co-owners a business for profit, regardless of whether such persons intend to form a partnership.  Thus, under the right circumstances, a person may be held liable as a partner where he never realized a partnership existed.  For this reason, it is important to have the counsel of experienced attorneys who can help to ensure that you do incur any unintended liabilities in your business dealings.