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 ...

With apologies to the King James Bible, what the Manhattan real estate market giveth, a poorly conceived partnership agreement taketh away. It’s the best explanation I can offer for three successive ...

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 ...