Commercial division update – Implied partnerships and the importance of shared losses

Author: Thomas J. Hall Publication | February 2018
Published in: The National Law Journal

In his Commercial Division Update, Thomas J. Hall writes: When there is no enforceable partnership agreement, the party seeking to establish an implied partnership must show that a partnership nevertheless exists based on the conduct, intention and relationship between the parties. Although no one factor is determinative, recent Commercial Division decisions have placed a heightened emphasis on the factor of shared losses.

Download the New York Law Journal article, Commercial division update – Implied partnerships and the importance of shared losses.


Contacts

Thomas J. Hall

Thomas J. Hall

New York