Fifty ways to leave your partner
Haniff, S.
Fifty ways to leave your partner - 2004 - Architects' Journal 220(11) 23 September 2004, 41-42(2) .
Overview of considerations to be regarded when a partnership has not turned out as planned. Solutions for this may include compulsory retirement, expulsion or dissolution. Looks at "Syers v Syers" [1876] where an order was made that one partner's share of a business should be valued as if the business was sold as a going concern on the date of dissolution and that his brother should have the right to buy his share at that value. Argues this may still be regarded as an acceptable way to dissolve a partnership. Points out that the government is currently looking at the review of the Partnership Act 1890, which may update the current practice.
PARTNERSHIP ACT 1890
SYERS V SYERS
PARTNERSHIP DISPUTES
Fifty ways to leave your partner - 2004 - Architects' Journal 220(11) 23 September 2004, 41-42(2) .
Overview of considerations to be regarded when a partnership has not turned out as planned. Solutions for this may include compulsory retirement, expulsion or dissolution. Looks at "Syers v Syers" [1876] where an order was made that one partner's share of a business should be valued as if the business was sold as a going concern on the date of dissolution and that his brother should have the right to buy his share at that value. Argues this may still be regarded as an acceptable way to dissolve a partnership. Points out that the government is currently looking at the review of the Partnership Act 1890, which may update the current practice.
PARTNERSHIP ACT 1890
SYERS V SYERS
PARTNERSHIP DISPUTES