Question: Karl Allen and Renee Galzo choose to be the sole
Karl Allen and Renee Galzo choose to be the sole owners and managers of a financial services business, Allen-Galzo & Associates LLP. Allen holds the copyright to investment analysis software that he developed three years ago. The LLP will use the software to service its clients. The software requires regular updating and improvement. What would you suggest the LLP agreement include regarding the software? Why?
Answer to relevant QuestionsThe Federal Tort Claims Act (FTCA) waives the federal government's sovereign immunity concerning claims arising out of torts committed by federal employees. This waiver of sovereign immunity allows tort claims based on ...Steve Holmes and his son Mike were partners in a construction business. Steve also owned a ranch, which he contributed to the partnership, even though Steve was still listed as the owner of record. Steve learned of a ...Jake Coombs, Yemi Ogarra, and Wade Stram formed a financial services consulting partnership. The partnership's ordinary business was to provide investment advice to businesses with assets between $500,000 and $40,000,000. ...Brothers Don and Harley Shoemaker formed a partnership, D & H Real Estate. After 18 years, Harley withdrew from the partnership and asked for payment of the value of his partnership interest in accordance with the following ...In 1999, Andreas Halvorsen, David Ott, and Brian Olson formed a hedge fund, Viking Global Investors LLC. The LLC's written agreement provided that the three founders would operate Viking, and divide all of its profits ...
Post your question