Silent Partner Legal Rights

Summary

In NSW, silent partners receive profits but lack management rights. Without a partnership agreement, the Partnership Act 1892 governs. Doctors can treat minors without parental consent if the minor is Gillick competent. Legal case management aims for efficiency but has criticisms like potential rushed judgments.

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Does it give me any equitable stake in the business
In NSW, as a silent partner you generally do not have an equitable stake or management rights in the business. Your rights are typically limited to receiving a share of profits. However, individual partnership agreements can vary, so it's crucial to consult a lawyer.
what if there is no partnership agreement
In NSW, without a written partnership agreement, the partnership is generally governed by the Partnership Act *. Key aspects to consider:
- Profits and losses are shared equally.
- You may still bear liability for business debts.
- Decision-making is usually shared equally.
Again, it's advised to seek professional legal advice.
can a doctor in NSW treat a patient under * without thier parents consent
In NSW, a doctor can generally treat a patient under * without their parents' consent if the patient is considered "Gillick competent". This means the patient can understand and make their own decisions about their health. However, exceptions apply in certain cases.
what is case management
Case management, in legal context, is a process that courts use to control the progress of cases from filing to disposition. It can include:
- Scheduling of proceedings
- Monitoring case progress
- Facilitating settlement discussions
- Managing resources efficiently
This helps to ensure cases are dealt with justly and efficiently.
what is the benefit of it
Case management in the legal context provides several benefits:
- Efficient use of court resources
- Reduces delay in case resolution
- Ensures fair process
- Encourages settlement where appropriate
- Improves the quality of justice delivered.
what are the criticisms
Critics of legal case management often point to:
- Potential for rushed judgments
- Decreased personal attention to each case
- Overemphasis on efficiency, potentially at the expense of justice
- Risk of overburdening court staff
- The possibility of disadvantaging less-resourced parties.