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 not think about what happens if things don’t work out. Even well-run partnerships can ...

Liquidation is the process of settling all business liabilities and valuing and disposing of a business's assets. When your company is organized as a partnership, liquidation involves state law and ...

In March, the New York State Court of Appeals issued a decision, in the non-law firm partnership context, which outlined some fundamentals of New York partnership law concerning dissolution, and ...

Peter Knox KC and John Carl Townsend instructed by Clifford Tibber of Anthony Gold Solicitors appeared for the successful appellants When a partnership is dissolved, and there is no written ...

A Court of Appeal judgment confirming an earlier High Court decision creates a precedent allowing an order to be made that in certain partnership dissolution circumstances, one partner can buy out the ...