Publications

Section Newsletter Articles on Partnerships

General partner liability on a judgment against the partnership By Jeffrey A. Parness Civil Practice and Procedure, November 2014 When the negligence of a partnership employee caused one harm, can one sue a partner on a theory of respondent superior in a 2007 case and then, after losing that claim, sue the same partner in 2013 for the unsatisfied portion of the judgment entered against the general partnership in the earlier case?
Inside out—Revaluation of Partnership Capital Accounts By Derek P. Usman Federal Taxation, December 2008 Foremost, a capital interest is a share of the value of partnership assets.