Restraint on use of firm name protects partners from others using the name or property until winding up is complete. After dissolution, a partner or representative may restrain other partners or their representatives from carrying on a similar business in the firm name or from using any firm property for personal benefit until the firm's affairs have been completely wound up; provided that purchase of the firm's goodwill preserves the purchaser's right to use the firm name.
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.
Restraint on use of firm name protects partners from others using the name or property until winding up is complete.
After dissolution, a partner or representative may restrain other partners or their representatives from carrying on a similar business in the firm name or from using any firm property for personal benefit until the firm's affairs have been completely wound up; provided that purchase of the firm's goodwill preserves the purchaser's right to use the firm name.
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