Wolfe v. Hewes

ERWIN, Judge.

Plaintiffs assign as error the court’s dismissal of their notices of liens and Us pendens. We affirm.

It is well settled that each partner has the right to insist that partnership assets be applied in payment of partnership debts. Casey v. Grantham, 239 N.C. 121, 79 S.E. 2d 735 (1954). This right is sometimes loosely referred to as a partner’s lien. Actually, the right is not, in fact, a lien as such, because it is equally well settled that a partner has .no individual ownership in any specific assets of the firm. 1 J. Barrett & E. Seago, Partners and Partnerships Law and Taxation…