101 South Hanley, Suite 1280 Clayton, MO 63105
314.283.8930; henry@elsterlaw.com

Partnership Property, Creditors

One of the benefits of a limited partnership is to protect against liabilities. A partner’s individual creditors cannot attach or encumber partnership property to satisfy a partner’s individual debt. Section 358.250, RSMo; Anchor Centre Partners, Ltd. v. Mercantile Bank, N.A., 803 S.W.23, 31 (Mo. 1991). This flows from a partner’s inability to assign his or […]

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Starting/Forming a Business Entity

Although not  a formal prerequisite to operating a business, forming a business entity is essentially a must for every business owner. Limited liability is a key aspect in any business operation to shield your personal assets and estate from any debts/obligations of the business. Moreover, it is often the case that banks or vendors will […]

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