Discover what a general partnership is, its key features, unlimited liability implications, and real-world examples. Learn how partners share assets, profits, and responsibilities.

The software giant is giving longtime backer Microsoft a 27% ownership stake worth about $135 billion as part of the ...

Selecting the right business structure forms the groundwork for organizational effectiveness, asset protection, and financial transparency. This decision influences the company’s ability to raise ...

Under the S-Corp classification, an owner-operator must be paid a “reasonable salary” through W-2 payroll and this salary is ...

RSM US LLP and RSM UK Holdings have revealed plans to form a transatlantic partnership, which is scheduled to take effect ...

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, ...

Brookfield Asset Management's flagship listed private-equity vehicle Brookfield Business Partners plans to simplify its structure and become a traded Canadian corporation in an effort to broaden its ...

The world's eighth largest law firm, Ropes & Gray is home to one of the few remaining all-equity partnerships in the Am Law 100, but the benefits of a nonequity tier are becoming clearer to an ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation ...