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The Modern Law Partnership, Vol. 2 of 2: Including a Full Consideration of Joint Adventures, Limited Partnerships, and Joint Stock Companies, Together With a Treatment of the Uniform Partnership Act (Classic Reprint) - Softcover

Scott Rowley

 
9780266096450: The Modern Law Partnership, Vol. 2 of 2: Including a Full Consideration of Joint Adventures, Limited Partnerships, and Joint Stock Companies, Together With a Treatment of the Uniform Partnership Act (Classic Reprint)

Synopsis

This book examines the administration of partnership affairs after the death of a partner, detailing the duties and liabilities of the surviving partner in liquidating the partnership and accounting to the deceased partner's estate. The author provides a comprehensive overview of the legal principles governing the rights and responsibilities of surviving partners, including their authority to complete unfinished contracts, sell partnership property, and make assignments for the benefit of creditors. The book also explores the legal status of partnership real estate after the death of a partner, addressing issues such as conversion into personalty and the rights of surviving partners and the deceased partner's heirs and personal representatives. Through a careful analysis of case law and statutes, the author offers practical guidance on the legal complexities surrounding partnership administration after a partner's death, making this book an invaluable resource for surviving partners, executors, and legal professionals.

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