Obligation to contribute: creditors may enforce a partner's original contribution obligation when unaware of partner compromises. The obligation to contribute by a partner is governed by the limited liability partnership agreement. A creditor who extends credit or otherwise relies on ... Summary
Obligation to contribute: creditors may enforce a partner's original contribution obligation when unaware of partner compromises.
The obligation to contribute by a partner is governed by the limited liability partnership agreement. A creditor who extends credit or otherwise relies on an obligation in that agreement, and who lacks notice of any compromise between partners, may enforce the original obligation against the partner.
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