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Law Partnership Agreement between Two Partners with Provisions for Eventual Retirement of Senior Partner Form

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Law Partnership Agreement between Two Partners with Provisions for Eventual Retirement of Senior Partner Form

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[Music] case briefs and so much more LS status got what you're looking for in Fisher V Fisher a 2006 case heard by the Supreme Court of Kentucky the court had to determine whether a partnership between Todd a Fisher and Jacqueline Fisher had been formed for a specific undertaking or for general purposes this distinction was crucial as Partnerships formed for a particular undertaking cannot be dissolved at will until the purpose is accomplished whereas those for general purposes can be terminated at any time by agreement of the partners the dispute began when Todd decided to retire from their partnership DNT Enterprises and offered Jacqueline the opportunity to either buy out his share or dissolve the partnership their partnership agreement stipulated that surviving Partners were required to purchase the deceased partner's interest upon their death Todd attempted to dissolve the partnership but later tried to continue negotiations with Jacqueline the trial court examined

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