Legal Opinion
8182 Maryland Associates, Ltd. Partnership v. Sheehan
Supreme Court of Missouri
Decided April 25, 2000No. SC 81647PublishedCited by 15 opinions
1Opinion of the Court
WILLIAM RAY PRICE, Jr., Chief Justice.
I
Summary of Opinion
This case concerns the personal liability of withdrawing and incoming partners to a law firm under a long-term lease. Central *579to the resolution of the case is the principle that when a partner withdraws or when a new partner is admitted, the existing partnership dissolves and a new partnership is created. Although debts of the dissolved partnership may become debts of the new partnership, they remain the personal obligations of the old partnership’s partners. The new partners of the newly created partnership are not personally ha-ble…
2Cases cited37 opinions
- King v. MooreheadMissouri Court of Appeals · 1973
- Snyder Manufacturing Co. v. SnyderOhio Supreme Court · 1896
- Ellingson v. Walsh, O'Connor & BarnesonCalifornia Supreme Court · 1940
- Rietsch v. TWH Co., Inc.Missouri Court of Appeals · 1985
- In Re the Estate of RyanNew York Court of Appeals · 1945
32 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Eisenberg v. ReddSupreme Court of Missouri · 2001
- Mell v. Biebel Bros., Inc.Missouri Court of Appeals · 2008
- Back Ventures, L.L.C. Series D v. Safeway, Inc.Missouri Court of Appeals · 2013
- McQuary v. StateMissouri Court of Appeals · 2007
- TA Realty Associates Fund V, L.P. v. NCNB 1500, Inc.Missouri Court of Appeals · 2004
10 more not listed; retrieve them via the Exa API.