Title

Binding Salaried Partners

Publication Type

Journal Article

Publication Date

3-2011

Abstract

In an important decision on partnership law, the Court of Appeal recently considered the liability of current and former salaried partners for contractual obligations incurred by the firm. In doing so the court analysed the law applicable to the authority of partners generally. The liability position of salaried partners rests on a different legal basis from that of true partners and the extent of that difference, in particular in relation to obligations incurred after the partner’s retirement, was at issue.

Keywords

Partnership, Salaried partner

Discipline

Business Organizations Law | Commercial Law

Research Areas

Commercial Law

Publication

Singapore Academy of Law Journal

Volume

23

Issue

1

First Page

323

Last Page

349

ISSN

0218-2009

Publisher

Singapore Academy of Law

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