Topic
Partnership Law
47 published works
The HB Blog
The Court of Mom: What an Eight-Year-Old’s Garage Sale Taught Me About Washington Partnership Law
“You Were Never Really My Partner”: Proving an Informal Partnership Under Washington Law A missing signature does not mean a missing partnership. In Washington, how people run a business may…
HEIRS & SUCCESSES
Promises, Wills, and White Elephants
In Macaulay v Macaulay [2024] NSWSC 1547, the parties are the children of the late Neil Macaulay. He passed away in 2021. They are also the children of the late…
Chicago Business Litigation Lawyer Blog
What Illinois Laws Prevent a Partner from Cheating Another Partner?
By Peter S. Lubin, Patrick Austermuehle
Under the Illinois Uniform Partnership Act (IUPA), all partners are liable for any wrongful act or omission by any partner (In re Keck, Mahin & Cate, 274 B.R. 740 (2002)), (Bane v.…
Commercial Case Notes
Oral Agreement Can Trump Partnership Law
By John Lundin
On February 2, 2024, the Fourth Department issued a decision in Capizzi v. Brown Chiari LLP, 2024 NY Slip Op. 00535, holding that an oral partnership agreement trumps the default…
California Corporate & Securities Law Blog
Does A General Partnership Terminate And Then Dissolve Or Dissolve And Then Terminate?
In a recent unpublished opinion*, the Court of Appeal considered the question of partnership termination under the California Revised Uniform Partnership Act. Wickline v. Schweder, 2023 WL 6155353 (Cal. Ct.…
California Corporate & Securities Law Blog
May A Joint Venturer Withdraw From A Joint Venture In Order To Pursue A Joint Venture Opportunity?
California's Uniform Partnership Act of 1994 provides that a partner has a duty to refrain from competing with the partnership in the conduct of the partnership business "before the dissolution…
CNICA Blog
Arbitration Clause Extinguishes After Dissolution Of Partnership: Gujarat High Court Rejects S.11 Petition
By CNICA
In a recent ruling, the Gujarat High Court has held that once a partnership at will is dissolved, the arbitration clause contained in the partnership deed cannot be invoked to…
California Corporate & Securities Law Blog
Court Finds FAC Adequately Pled DAO Was A Partnership Under California Law
A Decentralized Autonomous Organization, or DAO, is a governance structure popular with devotees of cryptocurrencies and blockchain technologies. It is decentralized because holders of tokens, rather than a board of…
New York Business Divorce
Is Loss Sharing an “Indispensable Essential” of Partnership?
This week's New York Business Divorce uses a recent decision in a dispute involving a law firm LLP to explore the issue of "sharing of losses" and whether it is…
Law Practice Management Asked and Answered Blog
Law Firm Succession – Equity Partnership – Process for Admitting Equity Partners
Question: I and another partner are the owners of a seven lawyer family law practice in Chicago suburbs. We started the firm twenty years ago after leaving behind a partnership…