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Dwayne B.
Dwayne B., Attorney
Category: Business Law
Satisfied Customers: 33904
Experience:  Practicing for over 20 years and helped a number of businesses with litigation.
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If your in a partnership that you do not own the company are

Resolved Question:

If your in a partnership that you do not own the company are you liable for a lawsuit
Submitted: 7 years ago.
Category: Business Law
Expert:  Dwayne B. replied 7 years ago.
Can you provide more information about the partnership (what do you mean by you do not own the company?) and the lawsuit?
Customer: replied 7 years ago.

I dont own the company. It is the property of my mother. She decided to make me a partner. Iam on a salary and dont split profits so with my name on the partnership can i pulled into a lawsuit and be held liable.

Expert:  Dwayne B. replied 7 years ago.
The simple answer is yes, you can. Being a partner alone doesn't automatically make you liable but it certainly can make you liable.

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