As LLCs have become the dominant form of closely-held business in New York, cases involving dissolution of partnerships have become more and more rare. Section 63 of the Partnership Law is the statute ...

Dissolving a business partnership is often a necessary evil in the world of business. It’s a long and complicated process that can be rife with less than business like emotions. The process is much ...

If a written limited partnership agreement contains detailed provisions governing partner withdrawal and dissolution, can a court nonetheless look to the statutory “default rules” in the Revised ...

You should plan for the dissolution of a partnership when you start your business. Even if you hope your company lasts for years, partners die, move on or sell out. If you draw up a partnership exit ...

If a business partnership is not working out, one or more partners may be tempted to pull out of the business. However, under normal circumstances, one partner cannot legally end a partnership alone.

When you enter a business partnership, it’s easy to get swept up in the possibilities of your new venture and overlook the chance that the partnership may not work out. Establishing a business ...