EQUINE
Partnerships
P
By Adam Trenk, Esq.
artnerships and syndications have perhaps been around since the
dawn of the domestic equine. The shared ownership of a horse is a
practical way to manage the expense and responsibility associated
with their care. In today’s age a partnership may be even more practical
than ever. The time, cost and effort associated with horse ownership can
be more than the average horse enthusiast can bear by his or herself,
particularly for show and performance horses. Furthermore, the rewards
of a good partnership are countless. However, these rewards can be
outweighed by the nightmare that can arise if a partnership sours. In
order to avoid these pitfalls, it is important to have the details of your
syndication outlined in a written agreement.
Syndications are practical in virtually any equine discipline. Race
horse syndicates and partnerships have historically been common,
giving racing fans a chance to “own a piece of the action”. Similarly, the
ownership of show horses in