Conflict of interest?

This is a discussion on Conflict of interest? within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; Operating an LLC, my partner is working in field of expertise, creating business income. My field of expertise a bit ...

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Old Mar 3rd, 2008, 10:30 PM   #1
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Question Conflict of interest?

Operating an LLC, my partner is working in field of expertise, creating business income. My field of expertise a bit more difficult to set up and operate as a business. The question is..... Can I work for another company in my field of expertise without creating a conflict of interest or jepordizing my duties as a partner in the business? Will that not cause huge problems when determining LLC profit payout, taxes, etc.?
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Old Mar 7th, 2008, 07:16 PM   #2
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Default Re: Conflict of interest?

You can if all companies agree, but not otherwise normally.
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