Considering a business partnership in Alberta?

Starting a new business can be an exciting moment in one’s life. It may involve leaving a previous career, a significant professional change, or new beginnings. Sometimes, these new beginnings start with more than one person or stakeholder.

Business partnerships can be very prosperous, but they can be also very tricky. To reduce the risk of a business relationship turning sour it is important to have a commercial lawyer involved in the beginning of the relationship. Alberta’s Best Lawyers features the top commercial lawyers, focused on business incorporations, can guide your party through the process of identify expectations and clarifying the invested values of all involved.

Building partnership agreements and unanimous shareholder agreements

When multiple parties enter into a business partnership all stakeholders must be fully aware of their risk, interest, and consequences in a fair and transparent setting. Our featured top lawyers in Edmonton can provide that setting.

When establishing such an agreement, there are many issues that must be addressed and conveyed by a commercial lawyer, such as:

  • The allowance of new partners
  • The retirement and dissolution of existing partners
  • Shotgun clauses
  • Allocation of liabilities within the partnership
  • Management of the partnership
  • Current and future financing
  • Confidentiality agreements and non-compete clauses

Contact a top commercial lawyer for guidance in your partnership

While it is an exciting professional moment, you have a responsibility to ensure the security of your loved ones, as well as those you are engaging business. Trust the top commercial legal team in guiding your venture into a successful enterprise.

Kim Melnyk, B.A., LL.B.
Edmonton Family Lawyer
McGlashan & Mackinnon – Edmonton Child Support Lawyers

Kim focuses her practice in family law. She provides accessible, effective and timely legal advice to her clients after the breakdown of their personal relationship. Kim is committed to providing quality legal services and finding creative solutions to meet her clients’ needs.
M. Robert Mackinnon, B. Sc., LL.B.
Edmonton Family Lawyer
McGlashan & Mackinnon – Edmonton Child Support Lawyers

Robert has been and continues mostly to be a general practitioner. He practices in a broad range of the legal areas, including residential and commercial real estate, construction and real Estate Litigation, family law, corporate and commercial, civil litigation and Wills and estates.