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4. Partnership disputes
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A decision of the majority of the partners on an ‘ordinary matter’ is binding on the minority. The wishes of the majority prevail over those of the minority who object. However, partnership law provides some machinery for protecting the partner who is aggrieved by what the other partners have done. This chapter considers the remedies available to a partner. These include dissolution of the partnership, appointment of a receiver, arbitration, and expulsion of the partner.
Title: 4. Partnership disputes
Description:
A decision of the majority of the partners on an ‘ordinary matter’ is binding on the minority.
The wishes of the majority prevail over those of the minority who object.
However, partnership law provides some machinery for protecting the partner who is aggrieved by what the other partners have done.
This chapter considers the remedies available to a partner.
These include dissolution of the partnership, appointment of a receiver, arbitration, and expulsion of the partner.
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