Electronic Signature Licitness for Business Partnership Agreement in United Kingdom

How to eSign a document: electronic signature licitness for Business partnership agreement in United Kingdom

[Music] hey this is attorney sarah holmes from homes business law pc and today we are answering some common questions we get about partnerships one question we get is what if my partners and i do not have an operating agreement or buy sell agreement or it could be you don't have a shareholder agreement but if you have a business partnership with someone and you have an entity set up or even if you don't and you want to get out of that partnership what happens if you don't have the proper documents in place well unfortunately people learn that when they don't have the proper documents in place what happens is your partnership and how that partnership could possibly break up is going to have to be governed along to your state's default rules regarding the business entity so for example if you have a pennsylvania llc set up and no operating agreement there are state statutes that say what happens by default if you do not have a business agreement in place often those rules are not to your advantage and they're not things that you probably would have chosen for yourself so that's why it's really important when you go into business with partners that you have the proper documents in place if you need help getting out of a business partnership or having documents drafted for your partnership feel free to reach out to our office our phone number and emails below [Music] [Music] thanks [Music] you