Estate liability in partnership: estate not responsible for firm acts occurring after partner's death when firm continues. Where a partnership agreement provides that the firm continues despite the death of a partner, the estate of the deceased partner is not liable for any act of the continuing firm performed after the partner's death, though the rule does not affect liabilities incurred before death.
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.
Estate liability in partnership: estate not responsible for firm acts occurring after partner's death when firm continues.
Where a partnership agreement provides that the firm continues despite the death of a partner, the estate of the deceased partner is not liable for any act of the continuing firm performed after the partner's death, though the rule does not affect liabilities incurred before death.
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