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Rare Partnership Dissolution Decision Applies Deadlock Standard to Dissolution Under Partnership Law
22 Jan 2018, 3:44 am
” The Court’s Analysis of Deadlock In Seligson v Russo, 16 AD3d 253 [1st Dept 2005] – the most recent appeals court decision to consider Partnership Law 63(1)(f) – the court held, “[i]n light of the 50-50 deadlock between the parties and the consequent inability of the partnership to make any decisions, it was equitable to dissolve this partnership. [read post]
24 Dec 2018, 4:37 am
Magid was a significant step forward from prior appellate law on the subject of deadlock under Section 63, the most recent of which, Seligson v Russo, 16 AD3d 253 [1st Dept 2005], involved true “50-50 deadlock. [read post]
