02/12/2008
New York Case Holds Lawyers Who Are Limited Liability Partners May Remain Liable to Each Other After Withdrawal
Ederer v. Gursky, 9 N.Y.3d 514 (2007) (uncorrected and subject to revision before official publication)
Brief Summary
Even after withdrawal, partners in a law firm organized as a limited liability partnership (“LLP”) may be personally liable for the debts of the LLP owed to present or former partners.
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