Notes in 008: DIssolution & Limited Partners

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Published	12/05/2024	Essential attributes of every partnership
Published	12/05/2024	When is a partnership w/ a term or specific undertaking considered a partnership at will?
Published	12/05/2024	Instances wherein notice of dissolution is not needed
Published	12/05/2024	When is rescission available to a partner?
Published	12/05/2024	Art. 1832. Except so far as may be necessary {{c1::to wind up partnership affairs or to complete transactions begun but not then finished,}} dissoluti…
Published	12/05/2024	Instances wherein a partner can still BIND the partnership AFTER dissolution
Published	12/05/2024	Instances wherein the partnership is NOT BOUND for acts AFTER dissolution
Published	12/05/2024	Who are "3Ps considered in GF" in dissolution?
Published	12/05/2024	On dissolution, the partnership is not terminated but {{c1::continuous until the winding up of the business.}}Singson v. Isabela Sawmill
Published	12/05/2024	Does a mere falling out or understanding between the parters convert it into a sham organization?
Published	12/05/2024	Scenario when every partner has a right to insist upon the winding down of partnership affairs
Published	12/05/2024	Can the remaining partners continue the partnership business when the withdrawing partner insists on winding up?
Published	12/05/2024	What is the effect when the dissolution is caused by the expulsion of a partner?
Published	12/05/2024	What are the effects when dissolution is caused by a contravention in the partnership agreement?For innocent partnersThey have the following righ…
Published	12/05/2024	What are the effects when dissolution is caused by a contravention in the partnership agreement?For guilty partnersIf the business is continued:{{c1::…
Published	12/05/2024	What is the effect when the dissolution is casued by rescission of the partnership agreement due to fraud or misrepesentation?
Published	12/05/2024	Each partner shall be {{c1::jointly liable with the other partners,}} for partnership debts which {{c1::cannot be settled from the partnership assets.…
Published	12/05/2024	Claims of the personal creditor of a partner would have {{c1::a prior lien on his separate properties}} than the claim of the partnership creditors.&n…
Published	12/05/2024	How can a partner be discharged from any liability upon dissolution of the partnership?
Published	12/05/2024	When the dissolution is by the act, insolvency, or death (AID) of a partner and the partner acts without knowledege of AIDWhat is the effect?
Published	12/05/2024	When the dissolution is NOT by the act, insolvency, or death of a partner (AID) and a partner enters into a contract in the name of the partnership wh…
Published	12/05/2024	Effect of dissolution on parnters who are "unknown as a partner to 3Ps" and "dormant partners" prior to dissolution
Published	12/05/2024	Who has authority to wind up the partnership?
Published	12/05/2024	What are the assets of the partnership?
Published	12/05/2024	Liabilities of partnership in the order of payment
Published	12/05/2024	When must the contributions of limited partners be given?
Published	12/06/2024	Things a general partner cannnot do without the consent of all the limited partners
Published	12/05/2024	Do limited partners owe any fiduciary obligations to one another?
Published	12/06/2024	When can a limited partner receive his contribution?{{c1::PCCWhen all the liabilities of the partnership (Except those to the partners) have been paid…
Published	12/05/2024	When can a limited partner dissolve the partnership?
Published	12/05/2024	Instances wherein separate creditors are preferred over partnership creditors?
Published	12/05/2024	Obligations of a limited partner
Published	12/05/2024	When can a partner be a general and limited partnership at the same time?
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