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 ...

You should plan for the dissolution of a partnership when you start your business. Even if you hope your company lasts for years, partners die, move on or sell out. If you draw up a partnership exit ...

Partnerships consist of one or more people who start or own a business together, either informally or formally as an LLC. After a launch, the partnership may need to end, for any number of reasons.

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 ...