Hooray for the Partnership Agreement

By Nina Kaufman, Esq.

BusinessWeek gives you 12 stories of business partnerships that have had a major impact on American business and life.

The article also underscores the importance of having partnerships agreement by quioting Steve Hindy, co-founder of Brooklyn Brewery. Hindy wanted to avoid the chaos in other partnerships that were established on a handshake.

“One important thing that we did at the beginning . . . was to draw up a partnership agreement that defined it financially and also defined a buy-sell agreement, in case one of us wanted out or in case of disputes.”

Click here for more on Hindy’s perspective and the other 11 featured partnerships.

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