Sentence examples for general partnerships from inspiring English sources

In contrast, individual members of general partnerships are liable for all obligations of the firm.

Businesses that do not form corporations may be deemed sole proprietorships or general partnerships by default and have unlimited liability.

The Quality Sports Investment and Quality Football Ireland network operates through at least 10 separate entities in Jersey: five general partnerships, GPs, and five limited partnerships, LPs.

The company said its chairman and chief executive, E. Robert Roskind, is the controlling shareholder of the general partnerships of the partnerships.

While it is not realistic to require investment banks to become general partnerships, bankers should be subject to some personal liability, as they would have been had they been partners.

Before the 1980s, many investment banks were organized as general partnerships, with each partner's capital tied up in the partnership and each partner personally liable for debts the partnership incurred.

The deal will see chairman Steve Parish, Josh Harris and David Blitzer take control of the club in a general partnership structure.

Duke said yesterday that it would transfer the general partnership interest in Teppco to Duke Energy Field Services by the end of March.

The LJM2 partnership, like several others set up by Enron, was run by a general partnership, LJM2 Capital Partners, and managed by a second partnership, LJM2 Capital Management.

Notably, this buyback is not by the publicly held Blackstone company but by the general partnership vehicle controlled by the general partners of Blackstone, including Mr. Schwarzman.

With an seed investment of, say, $200 million, a fund at Blackstone gets an ownership stake in the general partnership of an upstart hedge fund.