Gelman v. Buehler
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Defendant could not unilaterally dissolve the partnership since the partnership had the specific undertaking of acquiring *426a business and expanding it until the investors would receive a return on their capital investments. Moreover, the partnership also had a definite term, namely, to achieve the liquidity event. “ ‘[W]here a partnership has for its object the completion of a specified piece of work, or the effecting of a specified result, it will be presumed that the parties intended the relation to continue until the object has been accomplished’ ” (Hooker Chems. & Plastics Corp. v…
2Cases cited8 opinions
- Freedman v. Chemical Construction Corp.New York Court of Appeals · 1977
- Scholastic, Inc. And Scholastic Productions, Inc. v. Robert Harris and Harris Entertainment, Inc.Court of Appeals for the Second Circuit · 2001
- Foster v. KovnerAppellate Division of the Supreme Court of the State of New York · 2007
- Hardin v. RobinsonAppellate Division of the Supreme Court of the State of New York · 1916
- Hooker Chemicals & Plastics Corp. v. International Minerals & Chemical Corp.Appellate Division of the Supreme Court of the State of New York · 1982
3 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- Gelman v. BuehlerNew York Court of Appeals · 2013
- Gural v. DrasnerAppellate Division of the Supreme Court of the State of New York · 2013
- Gural v. DrasnerAppellate Division of the Supreme Court of the State of New York · 2013