While the general partnership form of business association is long past its prime, we still see the occasional partnership dispute make its way to court. This week’s New York Business Divorce looks at recent appellate decisions from Pennsylvania and New Jersey resolving novel issues in two such disputes.
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The “Illegality” Defense to Partnership Formation

In this week’s New York Business Divorce, read about a recent decision dismissing a partnership dissolution petition finding the alleged partnership unenforceable under the doctrine of illegality. Outcomes like this are rare. Learn why in this week’s article.
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Enforceability of Oral Operating, Shareholder, and Partnership Agreements

In this week’s New York Business Divorce, we tackle the rules governing enforceability of oral partnership, shareholder, and operating agreements, including a first-impression appeals court decision addressing the validity of an alleged oral modification of written limited partnership agreement under New York’s Revised Limited Partnership Act.
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Can an Arbitrator Order Extra-Judicial Dissolution?

In this week’s New York Business Divorce, we consider the important but rarely litigated question of whether an arbitrator has the power to extra-judicially dissolve a New York business entity.
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When Dealing in Partnership Owned Real Property, Caveat Emptor

In this week’s New York Business Divorce, read about how dissenting general partners can potentially wreak havoc on partnership real property sales, and how buyers can protect themselves from judicial invalidation of their transactions.
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Corporate Frankenstein “Partnership to Form a Corporation” Lives Another Day

Is is a partnership? Or is it a corporation? Can an entity be both at once? Find out in this week’s New York Business Divorce.
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Rare Partnership Dissolution Decision Applies Deadlock Standard to Dissolution Under Partnership Law

Is there a meaningful difference between the deadlock standard for judicial dissolution under the Partnership Law and the Business Corporation Law? Perhaps. Read on in this week’s New York Business Divorce.
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How to Avoid Bad Blood Over Goodwill in Professional Partnership Valuations

A recent decision by Justice Richard Platkin concerning a dispute over the inclusion of goodwill value in a partnership valuation case takes the spotlight in this week’s New York Business Divorce. …
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