Guide to Partnership Buyouts

This Guide to Partnership Buyouts can assist you in structuring a transaction to sell your interest in a business partnership, or buying out a partner's interest.

Whether you are buying out your partner, or you are the one being bought out, and whether the buyout is friendly or bitter, or sudden or planned, there are many things you need to think about when developing the exit agreement.

Key Points of the Guide

This expert guide offers insights into:

• why business partners fight,
• the role partnership agreements play in disputes,
• how to avoid disputes when the partnership terminates or a partner leaves,
• a comprehensive checklist of issues to consider when buying out a partner.

Jurisdiction

This 8-page guide focuses on Canadian businesses but contains general information for U.S. partnerships as well.