Duell v. Hancock

Order unanimously affirmed, with costs. Memorandum: The June, 1980 partnership agreement, providing that new partners would be admitted to the firm on the recommendation of an executive committee subject to the approval of two thirds of the subscribing partners, alters the rights of the partners regarding the admission of new partners under either plaintiff’s position, that consent of all the partners is required, or defendants’ position, that a management committee determines the admission of new pártners with the participation of partners limited to advisory opinions. Accordingly, the…