RUPA and Former Partners: Cutting the Gordian Knot With Continuing Partnership Entities

Hillman, Robert W.

Journal: Law and Contemporary Problems

Volume: 58

First Page: 7

Year: 1995

Bluebook Citation: 58 LAW & CONTEMP. PROBS. 7 (1995)

Author: Robert W. Hillman: all 19 publications


Abstract

Passage of the Revised Uniform Partnership Act (RUPA) brought change in the treatment of partnerships as entities rather than aggregates of their members. The nature of the Gordian knot that binds individuals associated in partnership and the lingering ties between individuals formerly associated in partnership are examined, and the hidden costs of continuity that RUPA imposes on withdrawing partners are evaluated.

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