Firm liability for partner's wrongful acts extends to loss or penalties when acts occur in ordinary course or with authority. Firm liability attaches when a partner's wrongful act or omission, done in the ordinary course of the firm's business or with the authority of the partners, causes loss or injury to a third party or incurs a penalty; the firm is liable to the same extent as the partner.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Firm liability for partner's wrongful acts extends to loss or penalties when acts occur in ordinary course or with authority.
Firm liability attaches when a partner's wrongful act or omission, done in the ordinary course of the firm's business or with the authority of the partners, causes loss or injury to a third party or incurs a penalty; the firm is liable to the same extent as the partner.
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