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26 Apr 2018, 2:36 pm by Michael Farinacci, Stephen P. Younger
  Section 62(1)(b) provides that a partner may unilaterally dissolve a partnership, without violating the partnership agreement, if the agreement does not state a “definite term or particular undertaking. [read post]
12 Jul 2021, 3:53 am by Peter Mahler
Does Leonard’s partial performance of the alleged oral partnership agreement get around the statute of frauds governing conveyances of realty? [read post]
28 Jan 2014, 12:00 am by My name
  The fact that many partnerships tend to have no real effect does not lessen the impact of those that do. [read post]
9 Apr 2007, 3:09 am
" 4) Teamwork... 5) Diversity... 6) Gender-balance... 7) Creativity and Entrepreneurship... [read post]
8 Oct 2014, 5:53 am by Cari Rincker
Some provisions that should be considered in the partnership agreement include the following: 1. [read post]
14 Nov 2022, 4:56 am by Franklin C. McRoberts
Bakr moved by order to show cause for dissolution under Partnership Law § 62 (1) (b), which provides that dissolution of a general partnership occurs without breach of the partnership agreement “[b]y the express will of any partner when no definite term or particular undertaking is specified. [read post]
7 Sep 2010, 4:32 pm by admin
  If all of the members of the partnership are corporations, the the fiscal year end can be anywhere, so long as the fiscal period does not exceed 53 weeks: s. 249.1(1)(a). [read post]
24 Aug 2020, 4:08 am by Franklin C. McRoberts
One statute of frauds commonly applied to partnerships: oral agreements that cannot be performed within one year, which are prohibited under GOL § 5-701 (a) (1). [read post]
16 Jan 2017, 4:30 am by Peter Mahler
The appellant’s application for leave to appeal presented three issues for the high court’s consideration: First, does the lower court’s determination that the former partner wrongfully dissolved the partnership, based on the partnership agreement’s termination provisions, conflict with the Court of Appeals’ interpretation of “definite term” in its Gelman decision? [read post]
6 Sep 2022, 3:34 am by Peter Mahler
Case law reveals a series of factors to be considered in determining whether or not there is a partnership: (1) sharing of profits, (2) sharing of losses, (3) ownership of partnership assets, (4) joint management and control, (5) joint liability to creditors, (6) intention of the parties, (7) compensation, (8) contribution of capital, and (9) loans to the organization (see generally, 43 NY Jur, Partnership, §§ 30-40). [read post]
23 Feb 2011, 10:59 pm by Matthew Flinn
In order for civil partnership registrations to occur on religious premises, section 6(1)(b) requires repeal. [read post]
12 Jun 2008, 7:09 pm by Kenneth Vercammen NJ Law Blog
General Living ExpensesThe day-to-day living expenses of the parties, such as normal expenses for food, clothing, and entertainment, shall be paid by the parties in such proportions as they from time to time may agree upon in light of the then available resources of each party.5. [read post]
23 Aug 2013, 5:01 am by James Edward Maule
During year 5, the partnership accrues a $400 guaranteed payment to A but does not pay it. [read post]
1 Jul 2021, 1:00 am by Emma Kent
That the Act, as amended, treats PACS equivalent to civil partnership does not mean that it recognises the French status from its inception (the point of registration). [read post]
7 Sep 2010, 4:48 pm by admin
Toronto Limited Partnership Lawyer (Part 11): How does a Limited Partnership operate? [read post]
6 Nov 2017, 1:44 pm by Kenneth Vercammen Esq. Edison
General Living ExpensesThe day-to-day living expenses of the parties, such as normal expenses for food, clothing, and entertainment, shall be paid by the parties in such proportions as they from time to time may agree upon in light of the then available resources of each party.5. [read post]