As with personal relationships, business partnerships can also reach their conclusion. This can be a planned event or an unexpected change, such as a partner’s death or retirement, which necessitates winding down the partnership. In such situations, the Silicon Valley partnership attorneys at Structure Law Group can provide expert advice on how to dissolve a business amicably and on good terms.
Why Do California Partnerships Dissolve?
The reality is that most Silicon Valley businesses do not last indefinitely. This is especially true of partnerships, which depend on the ongoing participation of the individual partners in the business. There are several reasons a partnership can dissolve, including but not limited to: