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18 Sep 2023, 4:34 am by Franklin C. McRoberts
Likewise, Section 20 (c) (3) of the Partnership Law provides that “less than all the partners have no authority” to “[d]o any . . . act which would make it impossible to carry on the ordinary business of the partnership. [read post]
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]
8 Oct 2014, 5:53 am by Cari Rincker
If there is a salaried partner who does not share in losses, this should be specifically addressed in this section. [read post]
22 Jan 2018, 3:44 am by Franklin C. McRoberts
The LLC dissolution statute, LLC Law § 702, does not speak in terms of deadlock, nor is deadlock alone sufficient to dissolve an LLC. [read post]
23 Oct 2017, 3:31 am by Peter Mahler
Echoing the lower court’s decision, the court noted that “calling an organization a partnership does not make it one. [read post]
24 Jun 2016, 5:30 am by Kori Shafer-Stack
  This arrangement does not impact standard functional rehabilitation, known as Tier 1 care. [read post]
1 Jul 2016, 5:30 am by Kori Shafer-Stack
  This arrangement does not impact standard functional rehabilitation, known as Tier 1 care. [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]
13 Apr 2011, 12:07 am by admin
Sale of partnership interest by partner to another dentist. 20. [read post]
6 Jul 2011, 12:00 pm by Lucas A. Ferrara, Esq.
Staples has increased the fuel economy of its fleet by more than 20% since 2007 through fuel-saving steps such as automatically limiting truck idling to no more than 3 minutes and limiting the top speed of its vehicles to 60 miles an hour. [read post]
19 Feb 2013, 4:56 pm by Madhulika Vishwanathan
President Obama identified Trans Pacific Partnership(TPP) agreement as a top trade priority and reaffirmed his commitment to conclude negotiations on the Trans Pacific Partnership agreement. [read post]
13 Aug 2018, 3:26 am by Peter Mahler
District Judge for the Central District of Illinois, in Hausman v Green, No. 3:18-CV-03013 [July 20, 2018]. [read post]
6 Jul 2021, 4:23 am by Franklin C. McRoberts
Under New York law, “[w]hen there is no written partnership agreement between the parties [the] [f]actors to be considered in determining the existence of a partnership include (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” (Czernicki v… [read post]
30 Jun 2014, 2:28 am by Peter Mahler
First, Justice Demarest found issues of fact whether the properties proposed for sale constitute all of the partnership’s assets, the disposition of which would require unanimous partner consent under Partnership Law § 20(3)(c), providing: Unless authorized by the other partners or unless they have abandoned the business, one or more but less than all the partners have no authority to . . . [read post]
9 Feb 2023, 2:44 pm
”  However, a partnership does not have a “domicile” for purposes of diversity jurisdiction. [read post]
26 Aug 2013, 3:48 am by Peter Mahler
Eastwood cited in support NYULPA § 108(3) which provides: An assignee, who does not become a substituted limited partner, . . . is only entitled to receive the share of the profits or other compensation by way of income, or the return of his contribution, to which his assignor would otherwise be entitled. [read post]