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

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Mondial Publication February 2018

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.

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Co-Head of Litigation and Disputes, New York

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