In a controversial ruling last year in Congel v Malfitano, the Appellate Division, Second Department, affirmed and modified in part a post-trial judgment against a former 3.08% partner in a general ...
Dissolution of partnership occurs when there is a change in the relation between the partners regarding the partnership business. Dissolution of partnership does not automatically terminate the ...
Mediation is a process used as a tool for conflict management. During mediation, the mediator (a neutral third party) helps disputing parties find solutions to their issues. Third party mediators are ...
Rare Partnership Dissolution Decision Applies Deadlock Standard to Dissolution Under Partnership Law
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 ...
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 ...
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